MAX Power Mining Appoints Neil McMillan as Chairman to Advance Natural Hydrogen Initiatives

MAX Power Mining has appointed longtime Saskatchewan resource and capital markets leader Neil McMillan as Chairman of the Board as the Company accelerates its Natural Hydrogen initiatives across the province. McMillan, former Chairman of Cameco and past President and CEO of Claude Resources, brings decades of financial, operational, and policy expertise at a pivotal stage for MAX Power, which has advanced early drilling success and a large permitted land position. Leadership says his expanded role strengthens governance and strategic oversight as the Company advances Natural Hydrogen targets at Lawson, Bracken, and other key areas.

MAX Power is an innovative mineral exploration company focused on North America’s shift to decarbonization. The Company is a first mover in the rapidly growing Natural Hydrogen sector where it has built a dominant district scale land position with approximately 1.3 million acres (521,000 hectares) of permits covering prime exploration ground prospective for large volume accumulations of Natural Hydrogen. High priority initial drill target areas have been identified for commencement of drilling in Q4 2025. MAX Power also holds a portfolio of properties in the United States and Canada focused on critical minerals. These properties are highlighted by a 2024 diamond drilling discovery at the Willcox Playa Lithium Project in southeast Arizona.

The appointment comes as MAX Power positions itself as a significant player in the emerging Natural Hydrogen market, which represents a potentially transformative energy source in the global transition away from fossil fuels. McMillan's extensive experience with major Saskatchewan resource companies provides MAX Power with critical leadership during a period of accelerated exploration activity. His background in both corporate governance and operational management is expected to enhance the company's ability to execute its strategic objectives across its extensive land holdings.

Natural hydrogen, also known as white or gold hydrogen, occurs naturally in geological formations and has gained increasing attention as a clean energy alternative that requires minimal processing compared to manufactured hydrogen. MAX Power's substantial land position in Saskatchewan places the company at the forefront of this emerging sector in North America. The company's parallel focus on critical minerals, including lithium from its Arizona discovery, creates a diversified portfolio aligned with broader decarbonization trends. The latest news and updates relating to MAX Power are available in the company’s newsroom at https://ibn.fm/MAXXF.

The strategic importance of McMillan's appointment extends beyond corporate governance to include stakeholder confidence and market positioning. His proven track record in Saskatchewan's resource sector provides validation for MAX Power's ambitious Natural Hydrogen exploration program. As the company prepares for its planned drilling activities in late 2025, McMillan's leadership is expected to help navigate regulatory requirements, community relations, and investment considerations. This development represents a significant step in MAX Power's evolution from an exploration company to a potential producer in the emerging Natural Hydrogen sector.