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, effective immediately. Levesque, who has been instrumental in the company's capital markets, corporate development, and investor relations initiatives since it became publicly traded in 2022, will continue to lead those efforts while expanding awareness of the company's Natural Hydrogen strategy.
The appointment comes as MAX Power advances the Lawson Discovery and the broader Genesis Trend in Saskatchewan. Management believes these assets position the company at the forefront of the emerging Natural Hydrogen sector. The company has built a dominant district-scale land position 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.
In connection with the appointment, MAX Power granted Levesque 300,000 restricted share units and 650,000 stock options under its omnibus equity incentive plan. The options are exercisable at $2.26 per share through June 22, 2031, subject to vesting and regulatory approvals. This compensation aligns Levesque's interests with those of shareholders as the company pursues its strategic objectives.
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. This discovery underscores MAX Power's innovative approach to exploration in the shift toward decarbonization. The company's portfolio also includes 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, which is 100%-owned by MAX Power's U.S. subsidiary.
MAX Power is committed to responsible exploration and development practices that prioritize environmental stewardship, meaningful community engagement, and strong corporate governance. The appointment of Levesque is expected to accelerate the company's commercial evaluation of its Natural Hydrogen assets and enhance its visibility in the investment community.
For more details, the full press release is available at https://ibn.fm/rJPPz. Investors can also find the latest news and updates relating to MAXXF in the company's newsroom at https://ibn.fm/MAXXF.
