MAX Power Mining Appoints Tony Van Burgsteden as CFO as Natural Hydrogen Project Advances
May 4th, 2026 1:25 PM
By: Newsworthy Staff
MAX Power Mining Corp. appoints Tony Van Burgsteden as CFO to lead financial strategy as the company moves toward commercial evaluation of its Saskatchewan Natural Hydrogen platform, which represents Canada's first subsurface natural hydrogen system confirmed through deep drilling.

MAX Power Mining Corp. (CSE: MAXX; OTC: MAXXF; FRANKFURT: 89N) announced the appointment of Tony Van Burgsteden as chief financial officer, effective immediately, as the company advances toward commercial evaluation of its Saskatchewan Natural Hydrogen platform. Van Burgsteden, a member of the company’s board and former CFO of Orano Canada, succeeds Ryan Cheung, who has served as CFO since June 2025.
Van Burgsteden brings extensive financial and executive experience in the mining and energy sectors. His background includes serving as CFO of Orano Canada, a major player in uranium mining, and his current board role at MAX Power positions him to provide strategic financial oversight during a critical phase of the company's development. MAX Power is focused on advancing its Natural Hydrogen project in Saskatchewan, which has garnered significant attention as a potential clean energy source.
The company’s Lawson Discovery near Central Butte, Saskatchewan, represents Canada’s first-ever subsurface Natural Hydrogen system confirmed through deep drilling, with data validated by three independent labs. MAX Power has built dominant district-scale land positions across Saskatchewan with approximately 1.3 million acres (521,000 hectares) of permits, plus an additional 5.7 million acres under application, covering prime exploration ground prospective for large-volume accumulations of Natural Hydrogen. The appointment of Van Burgsteden is expected to strengthen the company's financial management as it moves toward evaluating the commercial viability of this resource.
Natural hydrogen, also known as white hydrogen, is naturally occurring hydrogen found in geological formations. It is considered a promising clean energy source because its extraction and use produce no carbon emissions. MAX Power’s Saskatchewan project could position the company as a pioneer in this emerging sector. The company also holds a portfolio of properties in the United States and Canada focused on critical minerals, including the 100%-owned Willcox Playa Lithium Project in southeast Arizona, where a diamond drilling discovery was made in 2024.
“We are thrilled to welcome Tony as our new CFO,” said a company spokesperson. “His deep financial expertise and experience in the mining industry will be invaluable as we advance our Natural Hydrogen platform and other critical mineral projects.” The transition in financial leadership comes at a pivotal time, as the company prepares for the next stages of exploration and development.
For further details, the full press release is available at IBN.fm. MAX Power is committed to responsible exploration and development practices that prioritize environmental stewardship, meaningful community engagement, and strong corporate governance.
MAX Power Mining Corp. is an innovative mineral and energy exploration company focused on the shift to decarbonization. The company trades on the Canadian Securities Exchange under the symbol MAXX, on the OTC under MAXXF, and on the Frankfurt Stock Exchange under 89N. For the latest news and updates relating to MAXXF, visit the company’s newsroom at IBN.fm/MAXXF.
Source Statement
This news article relied primarily on a press release disributed by InvestorBrandNetwork (IBN). You can read the source press release here,
