MAX Power Mining Corp. (CSE: MAXX; OTC: MAXXF; FRANKFURT: 89N) has 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 the company advances toward commercial evaluation of its Saskatchewan Natural Hydrogen platform.
The company's flagship project, 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. MAX Power has built dominant district-scale land positions across Saskatchewan, holding approximately 1.3 million acres (521,000 hectares) of permits, plus an additional 5.7 million acres under application. These lands cover prime exploration ground prospective for large-volume accumulations of Natural Hydrogen.
Natural Hydrogen, also known as white hydrogen, is a naturally occurring, zero-carbon energy source that is gaining attention as a potential game-changer in the global energy transition. The ability to produce hydrogen from subsurface accumulations could offer a low-cost, environmentally friendly alternative to conventional hydrogen production methods, which often rely on natural gas or electrolysis powered by fossil fuels. MAX Power's progress in Saskatchewan positions the company as a pioneer in this emerging sector.
Beyond its hydrogen portfolio, MAX Power also 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 and adds to the company's diversification in the critical minerals space.
The appointment of Van Burgsteden brings significant financial expertise to the company. As former CFO of Orano Canada, a major player in the uranium industry, he has deep experience in resource project financing and corporate governance. His familiarity with MAX Power, having served on its board, is expected to facilitate a smooth transition and provide continuity during a pivotal phase of the company's development.
For investors, the news underscores MAX Power's commitment to advancing its Natural Hydrogen platform toward commercial viability. The company's large land position in Saskatchewan and validated discovery provide a strong foundation for potential economic evaluation. Additionally, the lithium project in Arizona offers exposure to the growing demand for battery metals. As the world seeks decarbonization solutions, Natural Hydrogen could play a critical role, and MAX Power is positioning itself at the forefront of this industry.
Further details are available in the full press release at https://ibn.fm/9jvsq. Updates on the company are also available in its newsroom at https://ibn.fm/MAXXF.
