MAX Power Mining Appoints PTRC President as CEO, Prepares to Drill Canada's First Deep Natural Hydrogen Well

MAX Power Mining has announced the appointment of Ranjith Narayanasamy, current President and CEO of the Petroleum Technology Research Centre, as Chief Executive Officer effective December 8, 2025. This leadership transition comes as the company prepares to drill Canada's first-ever deep well specifically targeting Natural Hydrogen within Saskatchewan's Genesis Trend. The timing of this appointment aligns with MAX Power's aggressive development timeline for its natural hydrogen assets.

The company has established a dominant district-scale land position in the natural hydrogen sector with approximately 1.3 million acres 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 the fourth quarter of 2025. This strategic positioning makes MAX Power a first mover in Canada's emerging natural hydrogen industry, which represents a potentially significant new clean energy source for the country.

Concurrent with the CEO transition, current CEO Mansoor Jan will transition to lead MAX Power's U.S. subsidiary focused on a potential spinout or other strategic transaction. This move allows the company to maintain focus on both its Canadian natural hydrogen initiatives and its American critical minerals projects. The leadership restructuring demonstrates the company's commitment to specialized management for its diverse asset portfolio across North America.

The company is also advancing efforts to unlock the value of its Willcox Playa critical minerals project in southeast Arizona, located adjacent to U.S. Department of Defense lands. This project gained significance following a 2024 diamond drilling discovery at the Willcox Playa Lithium Project. The strategic location and recent discoveries position this asset as a potentially important contributor to North America's critical minerals supply chain.

MAX Power describes itself as an innovative mineral exploration company focused on North America's shift to decarbonization. The company's dual focus on natural hydrogen and critical minerals represents a comprehensive approach to supporting the transition to cleaner energy sources. The upcoming drilling program in Saskatchewan represents a landmark moment for Canada's energy sector, potentially opening a new chapter in domestic clean energy production. Additional information about the company is available at https://ibn.fm/MAXXF.