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MAX Power Announces Neil McMillan as Chairman of the Board
Globenewswireยท 2025-12-04 15:47
Core Insights - MAX Power Mining Corp. has appointed Mr. Neil McMillan as Chairman of the Board, aiming to advance its Natural Hydrogen initiatives in Saskatchewan [1][3][7] - The company is focused on a multi-well Natural Hydrogen discovery program across 1.3 million permitted acres in Saskatchewan, marking a significant step in the sector [1][5][11] Company Leadership - Mr. McMillan has extensive experience in Saskatchewan's resource economy, having previously served as Chairman of Cameco Corp. and CEO of Claude Resources, which was sold for $337 million in 2016 [2][4] - His leadership is expected to enhance MAX Power's governance and strategic oversight as the company progresses in the Natural Hydrogen sector [3][4][7] Operational Advancements - MAX Power has successfully drilled Canada's first deep well dedicated to Natural Hydrogen at the Lawson target, reaching a total depth of 2,278 meters [5][11] - The company is advancing a fully funded multi-well program, including the Bracken target, and has confirmed Natural Hydrogen and helium across multiple horizons [5][11] Strategic Importance - The appointment of Mr. McMillan is seen as a critical move for MAX Power as it enters a new phase of development, with confirmed Natural Hydrogen at Lawson and ongoing testing [7][8] - The company aims to leverage its large land position and Mr. McMillan's expertise to enhance its profile and brand globally in the emerging clean-energy sector [7][11]