Max Power Expands Scale of Saskatchewan Natural Hydrogen System With Lawson 5, Commences Follow-Up Well

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Postmedia has not reviewed the content. by GlobeNewswire Max Power Expands Scale of Saskatchewan Natural Hydrogen System With Lawson 5, Commences Follow-Up WellAuthor of the article:Lawson 5 near the western edge of the Prairie Evaporite has confirmed an active, generative Natural Hydrogen system in a 30-km step-out from the first four wells within the Lawson Complex near Central Butte in south-central Saskatchewan. Drilling at Lawson 6 is now in progress 8 km to the southeast. 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If you don't see it, please check your junk folder.The next issue of Top Stories will soon be in your inbox.We encountered an issue signing you up. Please try againREGINA, Saskatchewan, Oct. 27, 2026 (GLOBE NEWSWIRE) — MAX Power Mining Corp. (CSE: MAXX; OTC: MAXXF; FSE: 89N) (“MAX Power” or the “Company”) is pleased to report that drilling at “Lawson 5”, a 30-km step-out from the original Lawson Natural Hydrogen Discovery near Central Butte, Saskatchewan, has confirmed the presence of a Natural Hydrogen system along the western edge of the Prairie Evaporite, and a follow-up well (Lawson 6) is now in progress approximately 8 km southeast of this new discovery.The scale of the Natural Hydrogen opportunity in Saskatchewan is highlighted in part by the fact that MAX Power has now confirmed active, generative Natural Hydrogen systems in three distinct areas separated by as much as 365 kilometers across the central and southern part of the province, from the western edge of the Prairie Evaporite southwest through the Lawson Complex (Lawson 1 to 4) to the Bracken target in the far southwest near the Montana border. A completions program has also just commenced at Bracken and crews will head north next week to begin testing the Lawson Complex for flow, concentrations, and volume as MAX Power’s commercial validation program intensifies.This advertisement has not loaded yet, but your article continues below.Lawson 5 was successfully cased after being drilled to a total depth of 2,175 meters and will form part of the upcoming Lawson completions program (62 meters of core recovered for analysis);The lowermost Deadwood and Precambrian basement complex at Lawson 5 features much more pronounced iron redox, alteration and serpentinization reactions than observed to date at Lawson, including strong hematite oxidation, associated with elevated levels of Natural Hydrogen along sub-vertical faults within a package of exotic terrane source rocks;The Lower Interlake, above the Deadwood Formation, features helium prospective zones that will be examined for potential testing during completions.Mr. Steve Halabura, MAX Power Chief Geoscientist, commented:“MAX Power’s pioneering work in Natural Hydrogen continues to excite and amaze our geological team. Whether we’ve hit an entirely separate Natural Hydrogen system at L-5, or whether this is connected to the Lawson Complex, will be determined through more drilling and geophysical work we’ll be undertaking to optimize our understanding of the local and regional faulting and fracture systems. Lawson 5 skirted the edge of the Salt Wall. Lawson 6 to the southeast has a greater probability of drilling right through the Prairie Evaporite.” This advertisement has not loaded yet.This advertisement has not loaded yet, but your article continues below.Mr. Halabura added: “At the Lawson Complex we are continuing to review copious amounts of data ahead of the near-term start of completions. It has become increasingly apparent that at Lawson 4, we hit the Natural Hydrogen ‘kitchen’, but a kitchen that is potentially even bigger and more robust than originally believed. We look forward to providing an update on Lawson 4 and the broader Lawson Complex shortly.” Mr. Rob Norris, MAX Power CEO, commented: “This further expansion of the Natural Hydrogen opportunity in Saskatchewan speaks to both the favorable geology in this resource-rich province and the dedication and skill of our entire team. We’re excited to see what Lawson 6 brings as we also commence the completions round beginning at Bracken, something we’ve been eagerly anticipating for months. All of this is occurring as we approach the start of the world’s largest Natural Hydrogen conference (H-NAT) in Paris, France, where I’ll be joined next week by several of our team members as MAX Power is a significant sponsor of this event.” Figure 1 – Lawson 5 Drill Core Sample This advertisement has not loaded yet, but your article continues below.Figure 2 – Lawson 5 Drill Core Sample Why This Matters to InvestorsMAX Power’s latest results are reinforcing a much larger geological opportunity than a single Natural Hydrogen discovery. With active, generative systems now identified at the Lawson Complex and in significant step-outs at Lawson 5 (next to the Prairie Evaporite) and at Bracken in the southwest corner of the province, an area spanning 365 kilometers, the Company is building evidence for the potential of Natural Hydrogen deposits across a basin-scale exploration corridor. Importantly, these geographically separated discoveries support the broader exploration thesis while providing additional targets for technical evaluation.The commencement of completions at Bracken, followed immediately by comprehensive testing at Lawson, represents a critical next step. MAX Power is moving beyond confirming the presence of Natural Hydrogen toward measuring the characteristics that will determine its commercial potential: Natural Hydrogen concentrations, sustained flow rates, reservoir pressures, connectivity and ultimately recoverable volumes and production economics. The aggressive, back-to-back program is designed to generate important technical data across multiple targets while drilling continues to investigate the potential for new discoveries.This advertisement has not loaded yet, but your article continues below.At the same time, MAX Power is advancing the broader commercial strategy required to potentially bring a new primary energy source to market. Alongside its technical program, the Company continues to evaluate infrastructure requirements, prospective energy markets and opportunities for future commercial development. This parallel approach reflects MAX Power’s “Months to Molecules” strategy: Advancing geological discovery, commercial validation and potential routes to market together, rather than sequentially.For investors, the significance is the convergence of these developments. MAX Power is expanding its understanding of the regional Natural Hydrogen opportunity while beginning the testing needed to establish whether that geological potential can translate into commercially viable energy production.Figure 3 – MAX Power Drilling at Lawson 5 Well (October 2026)MAX Power Attends Two Prominent Investor Conferences This Week MAX Power is pleased to announce its participation in two prominent investor conferences taking place in Toronto on Wednesday and Thursday, October 28 and 29, 2026. Chad Levesque, President and Director, will present at the Planet MicroCap Showcase: Toronto 2026, powered by MicroCapClub, on Wednesday, October 28, at 12:00 p.m. Eastern Time, at Arcadian Court & Loft, 401 Bay Street.This advertisement has not loaded yet.This advertisement has not loaded yet, but your article continues below.The conference brings together leading microcap investors, emerging growth companies and industry professionals for corporate presentations and one-on-one investor meetings. Rob Norris, CEO and Director, will present at the Red Cloud Fall Mining Showcase on Wednesday, October 28, at 1:40 p.m. Eastern Time, at the Omni King Edward Hotel, 37 King Street East. The Red Cloud Showcase brings together mining and exploration companies, institutional investors and resource-sector professionals.In addition to their presentations, Mr. Levesque and Mr. Norris will conduct dozens of one-on-one investor meetings throughout the two conferences, engaging directly with institutional investors, fund managers and other members of the investment community. These meetings will provide an opportunity to discuss MAX Power’s recent advancements at its Lawson Natural Hydrogen Discovery, the Company’s ongoing exploration and testing programs, and its broader strategy to advance the commercialization of Natural Hydrogen across Saskatchewan’s Genesis Trend. The Company’s participation in both conferences reflects its continued commitment to expanding investor awareness, strengthening relationships within the capital markets and positioning MAX Power at the forefront of the emerging Natural Hydrogen sector.This advertisement has not loaded yet, but your article continues below.Figure 4 – Genesis Trend Map – 475 km “Natural Hydrogen Highway”MAX Power Raises $1.66 Million Through Warrant & Option ExercisesMAX Power is pleased to report that from September 1 through October 15, 2026, the Company further solidified its strong cash position by raising a total of $1,662,000 through the exercise of warrants (1,187,500 warrants for $1,462,500) and stock options (891,667 for $199,500).Effective October 13, 2026, MAX Power entered into an advisory fee agreement (the “Agreement”) with Hampton Securities Limited (“Hampton”), pursuant to which Hampton will provide advisory services to the Company. The engagement period commences on the date the Agreement was executed and extends until December 31, 2026.In consideration for the advisory services, the Company has agreed to pay Hampton a one-time advisory fee of $400,000 plus applicable taxes, payable upon execution of the Agreement. The Agreement is non-exclusive, and Hampton is not entitled to any compensation other than the advisory fee.Hampton is located at 141 Adelaide Street West, Suite 1800, Toronto, Ontario, M5H 3L5. Its primary contact is Andrew Deeb, Managing Director – Investment Banking (Telephone: 416-862-8686; Email: adeeb@hamptonsecurities.com). Any securities of the Company held by Hampton were not received as compensation for the advisory services under the Agreement, and no securities of the Company are issuable to Hampton under the Agreement.This advertisement has not loaded yet, but your article continues below.Amended Marketing Agreement – RazorPitch MAX Power has further amended its investor marketing and consulting agreement (the “Agreement”) with RazorPitch, Inc. (“RazorPitch”), previously announced by the Company, to continue and expand the scope of services and increase the compensation payable thereunder.Under two amendments, effective October 5, 2026, and October 13, 2026, respectively, RazorPitch will continue to provide investor awareness marketing services, including digital, social, influencer and broker marketing, together with news amplification services, in addition to the services previously disclosed under the Agreement.In consideration for the additional services, the Company will pay RazorPitch additional cash fees of $250,000 USD under each amendment, for an aggregate additional fee of $500,000 USD, bringing total cash consideration payable to RazorPitch under the Agreement, as amended, to $850,000 USD. No securities of the Company are issuable to RazorPitch as compensation under the Agreement, as amended.The term of the Agreement is unchanged and continues until November 14, 2026. All other terms of the Agreement remain unchanged. To the knowledge of the Company, RazorPitch and its principals remain at arm’s length to the Company and do not hold any securities of the Company. RazorPitch is responsible for ensuring that its promotional activities comply with applicable securities laws and CSE policies.This advertisement has not loaded yet.This advertisement has not loaded yet, but your article continues below.Marketing Agreement – EMC MAX Power has engaged Emerging Markets Consulting, LLC (“EMC”) to conduct an influencer and AI discoverability campaign (the “Campaign”) to raise awareness of Natural Hydrogen and the Company for a 2-week period beginning the week of October 26, 2026. In consideration for the Campaign, the Company has agreed to pay EMC $200,000 USD. EMC is located at 390 North Orange Avenue, Suite 2300, Orlando, Florida, and its principal is James S. Painter. EMC deals with the Company at arm’s length, and neither EMC nor its principals own, directly or indirectly, any securities of the Company. EMC’s compensation is payable in cash only, not securities of the Company.Stay Connected by Following Us OnWhat if the Answer to Natural Hydrogen Was Beneath Our Feet All Along?https://youtu.be/srV-RCmzzPkThis advertisement has not loaded yet, but your article continues below.President Chad Levesque On Significance of Lawson https://youtu.be/wCeFQTKtOuIGenesis Explained: Its “Salt Barrier” Advantage and Proximity to Demandhttps://www.youtube.com/watch?v=3ytpHdve6S8The Genesis Trend’s Industrial Corridorhttps://youtube.com/shorts/IAgALH_s3mILawson – Canada’s First Big Step into Natural Hydrogenhttps://www.youtube.com/watch?v=lTTOwMxz_zoMAX Power Saskatchewan Natural Hydrogen Documentary Videohttps://www.youtube.com/watch?v=TXGDtTUbJ2cHistory in The Making at Lawson – Video Immediately Ahead of Drill Rig Setuphttps://www.youtube.com/watch?v=BNHazk9Sy4EMAX 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 2.5 million acres (~1 million hectares) of permits covering prime exploration ground prospective for large-volume accumulations of Natural Hydrogen, and has commenced a multi-well follow-up drill program to validate the commerciality of the broader Lawson Complex interpreted to cover a 28 sq. km area along the 475-km Genesis Trend. MAX Power also holds a significant equity position in Homeland Critical Minerals, which now owns the Willcox Project in Arizona, a lithium discovery confirmed in early 2024 by MAX Power. MAX Power is committed to responsible exploration and development practices that prioritize environmental stewardship, meaningful community engagement, and strong corporate governance.This advertisement has not loaded yet, but your article continues below.On behalf of the Board of Directors,Rob Norris, CEOMAX Power Mining Corp.info@maxpowermining.comFor further information, please contact:Chad Levesque, PresidentPh: 1-306-981-4753chad@maxpowermining.comSarah Mawji, Venture Strategiessarah@venturestrategies.comCautionary Statement and Forward-Looking InformationThis news release contains certain forward-looking statements and forward-looking information (collectively, “forward-looking information”) within the meaning of applicable securities laws. Forward-looking information is often identified by words such as “anticipate”, “believe”, “continue”, “could”, “estimate”, “expect”, “intend”, “may”, “plan”, “potential”, “predict”, “project”, “should”, “will” and similar expressions.Forward-looking information is based on management’s current expectations, estimates, projections and assumptions, including, among other things, that required regulatory approvals will be obtained, financing will be available on acceptable terms, planned exploration, appraisal and development activities will proceed as anticipated, equipment and personnel will be available as required, geological interpretations and technical results will support further advancement of the Company’s projects, and market conditions will remain favourable.This advertisement has not loaded yet.This advertisement has not loaded yet, but your article continues below.Forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause actual results, performance or achievements to differ materially from those expressed or implied by such forward-looking information. Such risks and uncertainties include, without limitation, risks relating to exploration and development activities, geological and technical uncertainties, commercialization of Natural Hydrogen, reservoir performance, infrastructure availability, strategic partnership opportunities, market acceptance, commodity and energy prices, access to capital, regulatory approvals, environmental and permitting requirements, and general economic, market and business conditions.There can be no assurance that the Company’s plans, expectations or objectives will be achieved. Readers are cautioned not to place undue reliance on forward-looking information. Forward-looking information contained in this news release is made as of the date hereof and the Company undertakes no obligation to update or revise any forward-looking information, whether due to new information, future events or otherwise, except as required by applicable securities laws.This advertisement has not loaded yet, but your article continues below.Additional information regarding the Company and the risks and uncertainties affecting its business and operations is available under the Company’s profile on SEDAR+ at www.sedarplus.ca.Neither the Canadian Securities Exchange nor its Regulation Services Provider accepts responsibility for the adequacy or accuracy of this release.This press release was published by a CLEAR® Verified individual.This advertisement has not loaded yet.Notice for the Postmedia NetworkThis website uses cookies to personalize your content (including ads), and allows us to analyze our traffic. Read more about cookies here. 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