MAX Power Mining Corp. (CSE: MAXX; OTC: MAXXF; FRANKFURT: 89N) has announced an agreement to sell its wholly owned subsidiary, MAX Power Resources LLC, which holds the Willcox Playa Lithium Project in Arizona, to Homeland Critical Minerals Corp. The transaction involves 11 million Homeland shares valued at approximately $1.1 million, giving MAX Power a stake representing just under 50% of Homeland’s currently outstanding shares. This divestiture aligns with MAX Power’s strategy to sharpen its focus on advancing Natural Hydrogen initiatives while retaining significant exposure to the future development of the Willcox Project through its equity position.
The company stated that the divestiture allows management to concentrate capital, technical expertise, and execution on the Lawson Natural Hydrogen Complex and the broader Genesis Trend in Saskatchewan. 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 with approximately 1.3 million acres (521,000 hectares) of permits covering prime exploration ground prospective for large-volume accumulations of Natural Hydrogen.
By selling the lithium asset, MAX Power can redirect resources toward its Natural Hydrogen projects, which are seen as a key part of the transition to decarbonization. The company holds a portfolio of 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. However, the decision to divest indicates a strategic pivot toward Natural Hydrogen, a potentially transformative energy source.
The transaction is expected to close on or about June 17, 2026, subject to customary conditions and regulatory approvals, including any required approval from the Canadian Securities Exchange. Following the sale, Homeland Critical Minerals Corp. will pursue lithium and other critical mineral opportunities at the Willcox Project, while MAX Power retains upside through its equity stake.
This move underscores the growing importance of Natural Hydrogen as a clean energy resource and MAX Power’s commitment to responsible exploration and development practices that prioritize environmental stewardship, meaningful community engagement, and strong corporate governance. For investors, the divestiture allows MAX Power to focus on its core Natural Hydrogen assets, which could yield significant returns if the technology scales. The company’s newsroom provides updates on its activities at https://ibn.fm/MAXXF.
The full press release is available at https://ibn.fm/Y9XXS. MAX Power is an innovative mineral and energy exploration company focused on the shift to decarbonization, with a commitment to responsible practices. The company’s strategic realignment positions it to advance its Natural Hydrogen initiatives while maintaining exposure to critical minerals through its stake in Homeland.
