MAX Power Mining Corp. (CSE: MAXX) (OTC: MAXXF) (FRANKFURT: 89N) has announced the appointment of Chad Levesque as president and a member of its board of directors, effective immediately. Levesque, who has been integral to the company's capital markets, corporate development, and investor relations since it became publicly traded in 2022, will continue to lead these efforts while expanding awareness of MAX Power's Natural Hydrogen strategy.
The appointment comes at a pivotal time as the company advances the Lawson Discovery and the broader Genesis Trend in Saskatchewan. MAX Power believes these assets position it at the forefront of the emerging Natural Hydrogen sector. The company's Lawson Discovery represents Canada's first subsurface Natural Hydrogen system confirmed through deep drilling, with data validated by three independent labs.
To support Levesque's leadership role, MAX Power granted him 300,000 restricted share units and 650,000 stock options under its omnibus equity incentive plan. The options are exercisable at $2.26 per share through June 22, 2031, subject to vesting and regulatory approvals. This compensation aligns Levesque's interests with shareholders as the company pursues its strategic objectives.
MAX Power has built a dominant land position 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 is also advancing a portfolio of critical mineral properties in the United States and Canada, highlighted by a 2024 diamond drilling discovery at the Willcox Playa Lithium Project in southeast Arizona, 100%-owned by its U.S. subsidiary.
For more details on the press release, visit https://ibn.fm/rJPPz.
MAX Power is committed to responsible exploration and development practices that prioritize environmental stewardship, meaningful community engagement, and strong corporate governance. The company's newsroom provides the latest updates at https://ibn.fm/MAXXF.
