MAX Power Brings Together Leading Natural Hydrogen Experts for Technical Collaboration and Drill Site Visit

Executive Summary

• MAX Power announced a multi‑institution technical collaboration with PTRC, University of Regina, Saskatchewan Geological Survey and Colorado School of Mines to advance its Natural Hydrogen drill program at the Lawson site on the Genesis Trend.
• The company commenced Canada’s first deep‑well Natural Hydrogen drilling at Lawson and provided video links showing the historic start of drilling.
• MAX Power raised $1.74 million from warrant exercises between September 15 and November 5, 2025, issuing 5,757,917 shares to fund its ongoing programs.

Key Details

• Working session held on Nov 10, 2025 at the University of Regina Innovation Center, led by Chief Geoscientist Steve Halabura, with researchers from PTRC, U‑of‑R, Saskatchewan Geological Survey and Colorado School of Mines (including Dr. Yaoguo Li).
• Session objectives: (1) confirm current knowledge of natural hydrogen systems in Saskatchewan; (2) identify joint research opportunities to advance understanding globally.
• Field trip on Nov 11, 2025 to the Lawson drill site where MAX Power began its Natural Hydrogen test‑of‑concept program on the Genesis Trend (475 km long).
• PTRC will apply advanced analytical and interpretive techniques to samples from the Lawson drilling; U‑of‑R and partners provide expertise in subsurface geology, reservoir characterization, gas analytics, drilling design, and potential commercialization.
• Collaboration aims to de‑risk exploration, provide third‑party validation, and position Saskatchewan as a leader (“Team Saskatchewan”) in the emerging natural hydrogen sector.
• CEO Mansoor Jan highlighted the gathering of leading experts as evidence of MAX Power’s sector leadership and acceleration toward commercialisation.
• Financing: $1,742,625 raised from warrant exercises (5,757,917 shares issued) between 15 Sep–5 Nov 2025; proceeds to support drilling, research collaborations, and corporate development.
• Video links provided for:
• Historic start of Lawson drilling – https://www.youtube.com/watch?v=eguNGAfdIek
• Additional drill‑site footage – https://www.youtube.com/watch?v=BNHazk9Sy4E
• Natural Hydrogen documentary – https://www.maxpowermining.com/NaturalHydrogen-NewEra/
• Presentation materials available:
• Natural Hydrogen overview (Oct 3 2025) – https://www.maxpowermining.com/Maxpower_Hydrogen_Oct3_2025.pdf
• Critical Minerals (Willcox Playa Lithium) – https://www.maxpowermining.com/MAXPower_CriticalMinerals_Oct3_2025.pdf

Notable Quotes

• Mansoor Jan, CEO: “To have these Natural Hydrogen experts gathered in one room, and then at the drill site… is another example of MAX Power’s sector leadership. This collaborative effort will further accelerate the timeline to bring Natural Hydrogen to the commercialization stage.”