MAX Power Mining Corp. (CSE: MAXX) (OTC: MAXXF) (FRANKFURT: 89N) has announced the appointment of Chad Levesque as president and a member of its board of directors, effective immediately. The move expands the company's leadership team as it advances commercial evaluation of its Natural Hydrogen assets in Saskatchewan. Levesque has supported MAX Power's capital markets, corporate development and investor relations initiatives since the company became publicly traded in 2022 and will continue to lead those efforts while helping broaden awareness of the company's Natural Hydrogen strategy.
MAX Power said the appointment comes as it advances the Lawson Discovery and the broader Genesis Trend, which management believes position the company at the forefront of the emerging Natural Hydrogen sector. The company also granted Levesque 300,000 restricted share units and 650,000 stock options under its omnibus equity incentive plan, with the options exercisable at $2.26 per share through June 22, 2031, subject to vesting and regulatory approvals. For more details, see the full press release here.
The 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. 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 in southeast Arizona, 100%-owned by MAX Power's U.S. subsidiary.
MAX Power is an innovative mineral and energy exploration company focused on the shift to decarbonization. The company is committed to responsible exploration and development practices that prioritize environmental stewardship, meaningful community engagement, and strong corporate governance. Investors can find the latest news and updates relating to MAXXF in the company's newsroom here.
