VANCOUVER, British Columbia, Feb. 19, 2025 (GLOBE NEWSWIRE) -- MAX Power Mining Corp. (CSE: MAXX; OTC: MAXXF; FRANKFURT: 89N) (“MAX Power” or the “Company”) is pleased to announce that it has entered into an investor relations agreement (the "Agreement") dated February 15, 2025, with Chad Levesque Consulting ("CLC"), an arm's length party to the Company.
Mr. Mansoor Jan, MAX Power CEO, commented: “Chad is very familiar with the MAX Power story, having been part of our journey as an investor since Day 1. Based in Prince Albert, Saskatchewan, he is in the heart of a province where we are at the forefront of the Natural Hydrogen sector in Canada, aided by the most advanced government policy framework for Natural Hydrogen in the country, allowing for full exploration, drill permits, and development of this critical element.”
Mr. Levesque added, “The recent appointment of Neil McMillan, former Chairman of the Board of Cameco, to the MAX Power Board has resonated strongly in Saskatchewan and elsewhere. The fact that much of the province is prospective for Natural Hydrogen deposits has put first-mover MAX Power and its shareholders in a position to win big.”
Pursuant to the Agreement, CLC has agreed to provide corporate and communications services to the Company, in consideration for an aggregate amount of $5,000 per month in cash, the reimbursement of reasonable and standard travel and other expenses incurred by CLC in connection with the services performed thereunder. CLC will also be granted stock options to be mutually determined within the next 30 days. The term of the Agreement is for a period of one year (the "Initial Term"). Following completion of the Initial Term either MAX Power or CLC may terminate the Agreement with 30 days' notice.
CLC’s business address: 27 Gillingham Cres., Prince Albert, SK, S6X 0A5. Email:ChadLevesqueConsulting@gmail.com. Cell: (306) 981-4753 / Office: (306) 763-3068. CLC currently owns 400,000 shares of MAX Power.
MAX Power Updated Corporate Presentations & Videos
MAX Power directs investors to its website (www.MaxPowerMining.com) for new corporate videos as well as updated presentations for its Natural Hydrogen and Critical Minerals’ projects.
MAX Power is an innovative mineral exploration company focused on North America’s shift to decarbonization. MAX Power is a first mover in the rapidly growing Natural Hydrogen sector, through strategic alliances with Calgary-based Chapman Hydrogen & Petroleum Engineering Ltd., and European-based Larin Engineering HHC. MAX Power also holds a portfolio of properties in the United States and Canada focused on critical minerals. These properties are highlighted by a recent diamond drilling discovery at the Willcox Playa Lithium Project in southeast Arizona.
This press release contains certain “forward-looking statements” within the meaning of Canadian securities legislation, relating to natural hydrogen, exploration and acquisition of natural hydrogen properties; ability to locate, discover and/or extract natural hydrogen from the subsurface, commentary as it relates to the opportune timing to carry out natural hydrogen exploration, and any anticipated increasing demand for natural hydrogen; any results and updates thereto as it relates to any future drill program, and the funding of that program; and upcoming press releases by the Company. Although the Company believes that such statements are reasonable, it can give no assurance that such expectations will prove to be correct. Forward-looking statements are statements that are not historical facts. They are generally, but not always, identified by the words "expects”, "plans”, "anticipates”, "believes”, “interpreted”, "intends”, "estimates”, "projects”, "aims”, “suggests”, “often”, “target”, “future”, “likely”, “pending”, "potential”, "goal”, "objective”, "prospective”, “possibly”, “preliminary”, and similar expressions, or that events or conditions "will”, "would”, "may”, "can”, "could" or "should" occur, or are those statements, which, by their nature, refer to future events. The Company cautions that forward-looking statements are based on the beliefs, estimates and opinions of the Company's management on the date the statements are made, and they involve number of risks and uncertainties. Consequently, there can be no assurances that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Except to the extent required by applicable securities laws and the policies of the CSE, the Company undertakes no obligation to update these forward-looking statements if management's beliefs, estimates or opinions, or other factors, should change. Factors that could cause future results to differ materially from those anticipated in these forward-looking statements include risks associated with possible accidents and other risks associated with mineral exploration operations, the risk that the Company will encounter unanticipated geological factors, risks associated with the interpretation of assay results and the drilling program, the possibility that the Company may not be able to secure permitting and other governmental clearances necessary to carry out its exploration plans, the risk that the Company will not be able to raise sufficient funds to carry out its business plans, and the risk of political uncertainties and regulatory or legal changes that might interfere with the Company's business and prospects. The reader is urged to refer to the Company's Management’s Discussion and Analysis, publicly available through the Canadian Securities Administrators' System for Electronic Document Analysis and Retrieval (SEDAR+) at www.sedarplus.ca for a more complete discussion of such risk factors and their potential effects.
Neither the Canadian Securities Exchange nor its Regulation Services Provider accepts responsibility for the adequacy or accuracy of this release.
