MAX Power Mining Corp. (CSE: MAXX; OTC: MAXXF; FRANKFURT: 89N) has appointed Tony Van Burgsteden as chief financial officer, effective immediately, as the company intensifies efforts toward commercial evaluation of its Saskatchewan Natural Hydrogen platform. Van Burgsteden, a member of the company’s board and former CFO of Orano Canada, succeeds Ryan Cheung, who has served as CFO since June 2025.
The appointment comes at a pivotal time for MAX Power, which is advancing its Lawson Discovery near Central Butte, Saskatchewan. This discovery represents Canada’s first-ever subsurface Natural Hydrogen system confirmed through deep drilling, with data validated by three independent labs. Natural hydrogen, also known as white hydrogen, is generating significant interest as a potential clean energy source, and MAX Power has built a dominant district-scale land position across Saskatchewan, with approximately 1.3 million acres (521,000 hectares) of permits and an additional 5.7 million acres under application. This land covers prime exploration ground prospective for large-volume accumulations of natural hydrogen.
Van Burgsteden’s experience is expected to be crucial as MAX Power moves from exploration toward commercial evaluation. His previous role at Orano Canada, a major uranium mining company, provides him with deep expertise in resource project finance and operations. The company is also advancing its portfolio of critical mineral properties in the United States and Canada, highlighted by a 2024 diamond drilling discovery at the Willcox Playa Lithium Project in southeast Arizona, which is 100%-owned by MAX Power’s U.S. subsidiary.
For business and technology leaders, this development signals the growing momentum behind natural hydrogen as a viable energy source. If commercially viable, MAX Power’s project could position Canada as a leader in this emerging sector, potentially reducing reliance on fossil fuels and providing a new avenue for decarbonization. However, the technology and extraction methods for natural hydrogen are still in early stages, and commercial viability remains unproven. Investors and industry watchers will be closely monitoring the company’s progress.
MAX Power is committed to responsible exploration and development practices that prioritize environmental stewardship, meaningful community engagement, and strong corporate governance. The full press release is available at https://ibn.fm/9jvsq. For the latest news and updates relating to MAXXF, visit the company’s newsroom at https://ibn.fm/MAXXF.
