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MAX Power Mining Corp. (CSE: MAXX) (OTC: MAXXF) Natural Hydrogen Vision Gains Momentum with Major $5M Investment

Disseminated on behalf of MAX Power Mining Corp. (CSE: MAXX) (OTC: MAXXF) and may include paid advertising.

  • The investment marks the first major investment by a Vietnam-based company into Saskatchewan’s emerging Natural Hydrogen sector.
  • MAX Power Mining is among the first publicly traded companies in North America focused on commercial-scale Natural Hydrogen development.
  • This funding round follows a series of other strategic moves by MAX Power aimed at positioning the company for success.

MAX Power Mining (CSE: MAXX) (OTC: MAXXF) has announced a significant financial milestone this week, revealing the successful closing of a $5 million non-brokered private placement with a leading Vietnamese energy conglomerate. This strategic move is expected to accelerate the company’s efforts to unlock Natural Hydrogen across its vast land position in Saskatchewan, one of Canada’s premier resource jurisdictions. This injection of capital not only provides fuel for exploration but also positions MAX Power Mining to deepen its role in developing one of the most promising frontiers in clean energy.

According to the company, the investment was made by Big Energy Joint Stock Company, an affiliate of Bitexco, marking the first major investment by a Vietnam-based company into Saskatchewan’s emerging Natural Hydrogen sector. The transaction, which closed at a price of C$0.30 per unit, saw the issuance of 16,666,666 units for aggregate gross proceeds of C$5 million. Each unit included one common share and one-half of a warrant exercisable at C$0.45 for a two-year period, with certain acceleration provisions tied to share price performance.

This investment is not just about capital. The move represents a strategic partnership aimed at accelerating potential discovery and commercial development of Natural Hydrogen across MAX Power’s 1.3-million-acre permitted land package in Saskatchewan, a corridor the company views as highly prospective for large-scale hydrogen accumulations.

“We are on the cusp of another clean-energy breakthrough in Saskatchewan, and this new Vietnamese partnership, on top of the investment by Eric Sprott this past summer, strategically positions MAX Power to achieve its short-term and longer-term objectives,” stated MAX Power Mining CEO Ran Narayanasamy. “We welcome Big Energy, an affiliate of Bitexco, as a major new shareholder in MAX Power under its owner and chairman, Mr. Vu Quang Hoi, a prominent Vietnamese business leader and founder and chairman of Bitexco. MAX Power’s Natural Hydrogen Project is Big Energy’s first investment in Canada.”

The significance of this funding cannot be overstated in the context of the company’s broader mission. Natural Hydrogen, also sometimes called geologic or white hydrogen, is hydrogen that occurs naturally in subsurface environments, unconstrained by the high energy costs and emissions associated with traditional hydrogen production processes such as steam methane reforming or water electrolysis. Scientists and industry analysts see Natural Hydrogen as a potentially transformative source of clean energy precisely because it could be extracted with fewer carbon inputs and at potentially lower cost, offering a clean, reliable energy vector to complement renewable sources.

MAX Power is among the first publicly traded companies in North America focused on commercial-scale Natural Hydrogen development. The company’s Saskatchewan projects are centered on the Genesis Trend, a geological corridor that has been delineated through extensive aeromagnetic, gravity and legacy data as highly prospective for both hydrogen and helium accumulations. The company commenced drilling on Canada’s first dedicated Natural Hydrogen well at its Lawson target in late 2025, intersecting multiple hydrogen-bearing horizons and moving into analytic and completion testing phases to better understand the volume and flow characteristics of the gas.

Access to solid financial backing is crucial for companies operating in frontier resource sectors such as Natural Hydrogen. Exploration and drilling programs, particularly when they aim to pioneer a new class of energy resource, require sustained capital commitment. The $5 million investment from Big Energy not only supports near-term exploration and drilling activities but also de-risks the company’s path toward potential commercial discovery and development by improving its balance sheet and credibility with institutional and strategic partners.

Beyond funding technical operations, strong financial support can also expand market confidence in a company’s strategy. Investors often view strategic investments from established industry players, particularly those with deep experience in energy production, as endorsements of a company’s vision and prospects. In this case, Bitexco’s decision to invest signals confidence in both MAX Power’s leadership and the commercial potential of Natural Hydrogen as a long-term clean energy source.

In addition to expanding the investor base, the agreement grants Big Energy certain investor rights, including pro rata participation in future financings and potential board-nomination privileges, subject to exchange approval. MAX Power also plans to use the net proceeds from the offering to advance its Saskatchewan Natural Hydrogen exploration, as well as for general corporate purposes.

This funding round follows a series of other strategic moves by MAX Power aimed at positioning the company for success. Earlier in 2025, the company accelerated its CEO transition to bring in Narayanasamy ahead of schedule to guide the Natural Hydrogen program through critical technical and commercial milestones. It also announced new board leadership and other partnerships designed to support its exploration efforts and global communications strategy.

From a broader industry perspective, investment momentum toward natural hydrogen exploration is part of a larger push to decarbonize energy systems while meeting rising global energy demand, particularly in sectors where renewable electricity alone may not suffice as a primary energy source. Hard-to-abate sectors such as heavy industry, long-distance transport and grid-scale baseload power all have burgeoning demand for low-carbon fuels such as hydrogen, and Natural Hydrogen offers a potential pathway to provide these fuels with a smaller carbon footprint.

For MAX Power Mining, the combination of strategic capital, a massive land position, early drilling success and a clear roadmap for advancing discovery into development underscores its potential as a leading player in the Natural Hydrogen sector. While exploration inherently involves uncertainty, the company’s ability to attract substantial backing from international energy players highlights the compelling opportunity that Natural Hydrogen represents and reflects growing confidence in the company’s vision to help define this new energy frontier.

As the company advances its drilling programs and continues to integrate new geological data, investors and industry observers will be watching closely to see how this financial foundation enables MAX Power to progress toward commercialization and help deliver cleaner, more sustainable energy solutions for the future.

For more information, visit www.MaxPowerMining.com.

NOTE TO INVESTORS: The latest news and updates relating to MAXXF are available in the company’s newsroom at https://ibn.fm/MAXXF

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