MAX Power Mining Corp. (CSE: MAXX; OTC: MAXXF; FRANKFURT: 89N) announced that shareholders voted overwhelmingly in favor of all resolutions presented at its Annual General and Special Meeting held on April 17, 2026. The approved resolutions include the appointment of Tony Van Burgsteden to the board of directors, the reappointment of D&H Group LLP as auditors, setting the board size at six directors, electing all six nominees, and ratifying the company's shareholder rights plan. A total of 31,363,104 common shares were voted, representing approximately 24.8% of the outstanding shares.
The shareholder approval underscores confidence in MAX Power's strategic focus on natural hydrogen and critical minerals. The company's Lawson Discovery in Saskatchewan represents Canada's first subsurface natural hydrogen system confirmed through deep drilling, with data validated by three independent labs. MAX Power has amassed a dominant land position of approximately 1.3 million acres under permit in Saskatchewan, with an additional 5.7 million acres under application, targeting large-volume natural hydrogen accumulations. In the U.S., the company's 100%-owned subsidiary holds the Willcox Playa Lithium Project in Arizona, where a 2024 diamond drilling discovery highlighted the project's potential.
In conjunction with the meeting, MAX Power granted 200,000 stock options and 200,000 restricted share units to a director under its existing equity incentive plan. The company remains committed to responsible exploration, emphasizing environmental stewardship, community engagement, and strong corporate governance. Investors can access the full press release at https://ibn.fm/JMepc and follow corporate updates at https://ibn.fm/MAXXF.
