Global Energy Partner Backs Hydrogen Exploration Stock Max Power (CSE: MAXX) (OTC: MAXXF) With $5 Million to Target Natural Hydrogen Discovery in Saskatchewan

Core Viewpoint - MAX Power Mining Corp. has secured a $5 million investment from a Southeast Asian conglomerate to support its natural hydrogen exploration efforts in Saskatchewan, marking a significant step towards the potential commercialization of natural hydrogen [3][5]. Investment Details - The investment will provide the Corporate Investor with approximately 16% non-diluted ownership in MAX Power, based on the current share structure, through the purchase of units at $0.30 each [3][4]. - Each unit consists of one common share and one-half of a share purchase warrant, with full warrants allowing the investor to acquire additional shares at $0.45 for 24 months [5]. Strategic Implications - The investment is seen as a validation of MAX Power's vision and aligns the company with a partner that recognizes the potential of the natural hydrogen sector [5]. - The company plans to initiate Canada's first deep drill program targeting natural hydrogen in the upcoming quarter [5]. Use of Proceeds - The net proceeds from the offering will be allocated to the natural hydrogen drill program in Saskatchewan, as well as for working capital and general corporate purposes [8]. Regulatory Considerations - The closing of the offering is contingent upon receiving necessary corporate, regulatory, and shareholder approvals, including from the Canadian Securities Exchange [8].