MAX Power Mining Corp. (CSE: MAXX; OTC: MAXXF; FRANKFURT: 89N) has announced an agreement to sell its wholly owned subsidiary, MAX Power Resources LLC, which holds the Willcox Playa Lithium Project in Arizona, to Homeland Critical Minerals Corp. The transaction involves 11 million Homeland shares, valued at approximately $1.1 million, and positions MAX Power to focus its resources on advancing its Natural Hydrogen initiatives. This strategic divestiture allows the company to concentrate capital, technical expertise, and execution on the Lawson Natural Hydrogen Complex and the broader Genesis Trend in Saskatchewan, while retaining significant exposure to the future development of the Willcox Project through an equity stake representing just under 50% of Homeland’s currently outstanding shares.
The decision marks a pivotal shift for MAX Power, which has been actively exploring Natural Hydrogen as a 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 covering prime exploration ground prospective for large-volume accumulations of Natural Hydrogen. By divesting the Arizona asset, MAX Power aims to streamline operations and allocate resources more efficiently to its core hydrogen projects.
The divestiture also preserves potential upside from lithium and other critical mineral opportunities pursued by Homeland. MAX Power will retain an equity stake in Homeland, allowing it to benefit from any future success at the Willcox Project without diverting management attention. The transaction is expected to close on or about June 17, 2026, subject to customary conditions and regulatory approvals, including any required approval from the Canadian Securities Exchange. The full press release can be accessed at https://ibn.fm/Y9XXS.
MAX Power is an innovative mineral and energy exploration company focused on the shift to decarbonization. Beyond its hydrogen assets, the company 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. The company is committed to responsible exploration and development practices that prioritize environmental stewardship, meaningful community engagement, and strong corporate governance. For the latest news and updates relating to MAXXF, the company’s newsroom can be found at https://ibn.fm/MAXXF.
This strategic move underscores MAX Power’s commitment to becoming a leader in Natural Hydrogen exploration, a nascent but potentially transformative energy source. By shedding non-core assets, the company is positioning itself to capitalize on the growing interest in hydrogen as a clean fuel. The divestiture also highlights the evolving dynamics in the critical minerals sector, where companies are increasingly focusing on specific commodities to optimize their portfolios. InvestorWire, a specialized communications platform, disseminated this news as part of its wire-grade press release syndication services for private and public companies. For more information, visit https://www.InvestorWire.com. This article has been disseminated on behalf of MAX Power Mining and may include paid advertising.
