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, expanding the company’s leadership team as it accelerates commercial evaluation of its Natural Hydrogen assets in Saskatchewan. Levesque, who has supported MAX Power’s capital markets, corporate development and investor relations initiatives since the company became publicly traded in 2022, will continue to lead those efforts while helping broaden awareness of the company’s Natural Hydrogen strategy.
The appointment comes as MAX Power advances the Lawson Discovery and the broader Genesis Trend, which management believes positions the company at the forefront of the emerging Natural Hydrogen sector. 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. The company 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.
MAX Power 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. The company is committed to responsible exploration and development practices that prioritize environmental stewardship, meaningful community engagement, and strong corporate governance.
In conjunction with the appointment, MAX Power 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. This move aligns leadership incentives with shareholder value creation as the company progresses its strategic initiatives.
The appointment is expected to bolster MAX Power’s capital markets presence and investor relations, which are critical as the company advances its Natural Hydrogen assets. Natural Hydrogen is gaining attention as a potential clean energy source, and MAX Power’s early mover status in Canada could provide a competitive advantage. For business leaders, this development highlights the growing interest in alternative energy sources and the strategic importance of securing prime exploration acreage.
For more information, the full press release is available at this link. The latest news and updates relating to MAXXF are available in the company’s newsroom at https://ibn.fm/MAXXF.
