MAX Power Enters Into Collaboration with Petroleum Technology Research Centre to Accelerate Natural Hydrogen Development

Executive Summary

• MAX Power Mining Corp. entered a three‑year Memorandum of Understanding with the Petroleum Technology Research Centre (PTRC) to jointly advance Natural Hydrogen exploration in Saskatchewan.
• PTRC will provide advanced analytical, reservoir‑characterization, core‑testing, and rock‑mechanical services using its Energy Innovation Hub Labs, leveraging decades of expertise in CO2 storage, geothermal, EOR and CAES.
• The partnership is positioned as a major de‑risking factor for MAX Power’s upcoming Genesis Natural Hydrogen drill program slated for Q4 2025, enhancing the company’s credibility with investors and stakeholders.

Key Details

• Collaboration Scope: 3‑year MOU effective October 2025; PTRC to support MAX Power on the Genesis Natural Hydrogen Trend (≈200 km) through advanced laboratory analysis, subsurface modeling, core scanning (Industrial CT), and mechanical testing.
• Technical Contributions:
• Use of PTRC’s Energy Innovation Hub Labs for high‑resolution analytical techniques on natural hydrogen reservoirs.
• Application of PTRC’s subsurface expertise from CO₂ storage, geothermal, Enhanced Oil Recovery, and Compressed Air Energy Storage to characterize hydrogen-bearing formations.
• Co‑development of low‑emission energy technologies related to Natural Hydrogen.
• Operational Impact: Expected to accelerate the start‑up of drilling on the Genesis Trend in Q4 2025 and improve the probability of a commercial natural hydrogen discovery.
• Strategic Rationale: Provides third‑party validation, technical oversight, and institutional credibility; de‑risks exploration efforts and strengthens MAX Power’s position as Canada’s leader in the emerging Natural Hydrogen sector.
• Quotes:
• Mansoor Jan (CEO, MAX Power): “The immediate collaboration between these two teams brings us closer to the goal of making the world’s first commercial discovery of Natural Hydrogen.”
• Ranjith Narayanasamy (President & CEO, PTRC): “PTRC is very eager to support Natural Hydrogen in Saskatchewan… this will aid the effort toward a commercial breakthrough.”
• Additional Resources: Documentary video (YouTube) and detailed presentation PDF linked in release.

Notable Quotes

“We’re honored to enter into this long‑term collaboration with the Petroleum Technology Research Centre which has such an excellent reputation in the clean energy field… brings us closer to the goal of making the world’s first commercial discovery of Natural Hydrogen.” – Mansoor Jan, CEO, MAX Power

Materiality Assessment: Material – Positive – The partnership materially enhances MAX Power’s technical capability and de‑risks its upcoming drill program, representing a significant positive development for investors.