MAX Power Mining Corp. (CSE: MAXX; OTC: MAXXF; FRANKFURT: 89N) announced the appointment of Tony Van Burgsteden as chief financial officer, effective immediately. 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 as MAX Power advances toward commercial evaluation of its Saskatchewan Natural Hydrogen platform, a development that could position the company at the forefront of the emerging natural hydrogen sector.
Natural hydrogen, also known as white hydrogen, is a naturally occurring resource that has gained significant attention as a potential low-carbon energy source. MAX Power's Lawson Discovery near Central Butte, Saskatchewan, is recognized as Canada's first-ever subsurface natural hydrogen system confirmed through deep drilling, with data validated by three independent labs. The company has built a dominant district-scale land position across Saskatchewan, holding approximately 1.3 million acres (521,000 hectares) of permits, plus an additional 5.7 million acres under application. These holdings cover prime exploration ground prospective for large-volume accumulations of natural hydrogen.
The appointment of Van Burgsteden, with his extensive experience in the resource sector, is expected to strengthen MAX Power's financial leadership as the company moves toward the next phase of development. Van Burgsteden's background includes serving as CFO of Orano Canada, a major player in the uranium industry, where he oversaw financial operations and strategic planning. His board membership at MAX Power provides continuity and a deep understanding of the company's vision and projects.
In addition to its natural hydrogen focus, MAX Power holds a portfolio of properties in the United States and Canada focused on critical minerals. These include the Willcox Playa Lithium Project in southeast Arizona, where the company made a diamond drilling discovery in 2024. The project is 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.
The natural hydrogen sector is still in its early stages, but it holds promise as a clean energy source with minimal environmental impact. MAX Power's progress in Saskatchewan could pave the way for commercial production, potentially supplying hydrogen for various applications, including industrial processes, transportation, and power generation. The company's large land position and confirmed discovery provide a strong foundation for future growth.
For more information on MAX Power and its projects, visit the company's newsroom at https://ibn.fm/MAXXF. The full press release is available at https://ibn.fm/9jvsq.
