MAX Power Mining Corp. (CSE: MAXX) (OTC: MAXXF) (FRANKFURT: 89N) has appointed Chad Levesque as president and a member of its board of directors, effective immediately. The appointment strengthens the company’s leadership team as it accelerates commercial evaluation of its Natural Hydrogen assets in Saskatchewan, including the Lawson Discovery and the broader Genesis Trend. Levesque, who has been integral to MAX Power’s capital markets, corporate development, and investor relations since the company went public in 2022, will continue to lead those initiatives while expanding awareness of the company’s Natural Hydrogen strategy.
The announcement comes as MAX Power advances what management describes as Canada’s first-ever subsurface Natural Hydrogen system confirmed through deep drilling at the Lawson Discovery near Central Butte, Saskatchewan. Data from the discovery has been validated by three independent labs. The company has built dominant district-scale land positions across Saskatchewan, with approximately 1.3 million acres (521,000 hectares) of permits covering prime exploration ground prospective for large-volume accumulations of Natural Hydrogen. This positions MAX Power at the forefront of the emerging Natural Hydrogen sector, which is gaining attention as a potential low-carbon energy source.
In conjunction with the appointment, MAX Power granted Levesque 300,000 restricted share units and 650,000 stock options under its omnibus equity incentive plan. The options are exercisable at $2.26 per share through June 22, 2031, subject to vesting and regulatory approvals. This compensation aligns Levesque’s interests with shareholders as the company pursues its strategic goals.
Beyond hydrogen, MAX Power 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, 100%-owned by its U.S. subsidiary. The company is committed to responsible exploration and development practices prioritizing environmental stewardship, community engagement, and strong corporate governance.
For more details, visit the full press release at https://ibn.fm/rJPPz. The latest news and updates relating to MAXXF are available in the company’s newsroom at https://ibn.fm/MAXXF.
