MAX Power Initiates Next Phase at Canada’s First Natural Hydrogen Well With Service Rig Mobilization to Lawson

Core Insights - MAX Power Mining Corp. is advancing Canada's first dedicated Natural Hydrogen well at Lawson, following positive preliminary results from core scanning and gas testing [1][3] - The company is preparing for targeted zone testing to evaluate the commercial potential of the well, with a service rig expected to arrive by December 1, 2025 [2][3] - MAX Power has secured a strategic partnership with a Southeast Asian conglomerate, which includes an initial investment of $5 million, marking the investor's first entry into Canada [3] Company Developments - The service rig will facilitate the perforation of casing in specific zones, allowing for gas and liquid sample collection for chemical analysis [2] - Data collected will provide insights into gas composition, flow rates, and pressures, which are crucial for assessing commercial viability [3] - The company holds approximately 1.3 million acres (521,000 hectares) of permits in Saskatchewan, focusing on large volume accumulations of Natural Hydrogen [7] Strategic Partnerships - The partnership with the Southeast Asian conglomerate has received final government approvals in Vietnam, reflecting increasing international interest in Natural Hydrogen [3] - The transaction is expected to close soon, pending final approval from the Canadian Securities Exchange (CSE) [3]