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 the exchange of 11 million Homeland shares valued at approximately $1.1 million, representing just under 50% of Homeland’s currently outstanding shares. This strategic divestiture allows MAX Power to sharpen its focus on Natural Hydrogen exploration while retaining significant exposure to the future development of the Willcox Project through its equity stake in Homeland.
The company stated that the divestiture enables management to concentrate capital, technical expertise, and execution on the Lawson Natural Hydrogen Complex and the broader Genesis Trend in Saskatchewan, while preserving potential upside from lithium and other critical mineral opportunities pursued by Homeland. 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.
MAX Power is an innovative mineral and energy exploration company focused on the shift to decarbonization. The company’s 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. The company also 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.
This divestiture signals a strategic pivot for MAX Power, prioritizing Natural Hydrogen—a potentially transformative clean energy source—over lithium. Natural hydrogen, also known as white hydrogen, is naturally occurring and could offer a low-carbon alternative to conventional hydrogen production. By focusing on Saskatchewan’s Genesis Trend, MAX Power positions itself at the forefront of Canada’s nascent natural hydrogen industry. The company’s commitment to responsible exploration and development practices, including environmental stewardship and community engagement, underscores its long-term vision.
For investors, the deal provides dual exposure: direct involvement in MAX Power’s hydrogen initiatives and indirect participation in Arizona lithium development through Homeland shares. The transaction highlights the growing investor interest in natural hydrogen as a critical component of the energy transition. As MAX Power advances its Lawson Discovery, the implications for the clean energy sector could be significant, potentially reducing reliance on fossil fuels and enabling a more sustainable hydrogen economy.
The latest news and updates relating to MAX Power are available in the company’s newsroom at https://ibn.fm/MAXXF. The full press release can be viewed at https://ibn.fm/Y9XXS.
