MAX Power Mining Advances Canada's First Natural Hydrogen Well with Strategic Partnership Funding

MAX Power Mining is accelerating evaluation work at Canada's first natural hydrogen well near Central Butte, Saskatchewan, following encouraging core-scanning and gas-testing results. A service rig is mobilizing for zone testing along the 475-kilometer Genesis Trend, with the program expected to begin the week of December 1, 2025. The operation will perforate targeted intervals, collect gas and liquid samples for chemical analysis, and record downhole and surface pressures before isolating tested zones with bridge plugs.

Chief Geoscientist Steve Halabura emphasized that the data collected will be critical in assessing composition, flow characteristics and early commercial potential of the natural hydrogen resource. The company also reported that its strategic partner, a major Vietnam-based conglomerate, has received final domestic approvals for its initial $5 million investment, with closing expected in the coming days pending Canadian Securities Exchange approval.

MAX Power has built a dominant district-scale land position with approximately 1.3 million acres of permits covering prime exploration ground prospective for large volume accumulations of natural hydrogen. The company has identified high priority initial drill target areas for commencement of drilling in the fourth quarter of 2025. This development represents a significant step in North America's shift toward decarbonization, as natural hydrogen is increasingly viewed as a clean energy alternative.

The company maintains a newsroom where investors can access the latest updates relating to MAXXF at https://ibn.fm/MAXXF. The full press release detailing these developments is available at https://ibn.fm/kty4p. MAX Power also holds a portfolio of properties in the United States and Canada focused on critical minerals, highlighted by a 2024 diamond drilling discovery at the Willcox Playa Lithium Project in southeast Arizona.

This advancement in natural hydrogen exploration comes as global interest in hydrogen as a clean energy source continues to grow. The successful development of Canada's first natural hydrogen well could position the country as a leader in this emerging energy sector while contributing to broader decarbonization goals. The strategic partnership with the Vietnamese conglomerate provides additional financial resources to advance these exploration efforts during a critical phase of evaluation and testing.