Former Cameco Chairman Neil McMillan Joins MAX Power Board of Directors
MAX Power Mining Corp. (CSE: MAXX; OTC: MAXXF) has appointed Neil McMillan, former Chairman of Cameco, to its Board of Directors. McMillan brings extensive experience from his 16-year tenure at Cameco, including six years as Chairman of the world's largest publicly traded uranium company. His background includes serving as President and CEO of Claude Resources, where he led Saskatchewan's first gold mining company to a $337 million buyout by Silver Standard Resources in 2016.
As an independent director and Chair of the Audit Committee, McMillan joins MAX Power's board, expanding it to five members. The appointment aligns with MAX Power's focus on discovering North America's first commercial Natural Hydrogen concentration in Saskatchewan. McMillan highlighted Saskatchewan's potential to become a world leader in Natural Hydrogen, citing the province's existing leadership in uranium and potash, along with its advanced policy framework for Natural Hydrogen development.
MAX Power Mining Corp. (CSE: MAXX; OTC: MAXXF) ha nominato Neil McMillan, ex Presidente di Cameco, nel suo Consiglio di Amministrazione. McMillan porta con sé una vasta esperienza derivante dai suoi 16 anni di carriera in Cameco, inclusi sei anni come Presidente della più grande azienda mineraria di uranio quotata in borsa al mondo. Il suo background include il ruolo di Presidente e CEO di Claude Resources, dove ha guidato la prima compagnia mineraria d'oro del Saskatchewan a una fusione da 337 milioni di dollari con Silver Standard Resources nel 2016.
In qualità di direttore indipendente e Presidente del Comitato di Controllo, McMillan si unisce al consiglio di MAX Power, ampliandolo a cinque membri. La nomina è in linea con l'obiettivo di MAX Power di scoprire la prima concentrazione commerciale di Idrogeno Naturale in Nord America nel Saskatchewan. McMillan ha sottolineato il potenziale del Saskatchewan per diventare un leader mondiale nell'Idrogeno Naturale, citando la leadership esistente della provincia nell'uranio e nel potassio, insieme al suo avanzato quadro normativo per lo sviluppo dell'Idrogeno Naturale.
MAX Power Mining Corp. (CSE: MAXX; OTC: MAXXF) ha nombrado a Neil McMillan, ex Presidente de Cameco, en su Junta Directiva. McMillan aporta una amplia experiencia de sus 16 años en Cameco, incluidos seis años como Presidente de la mayor empresa de uranio que cotiza en bolsa en el mundo. Su trayectoria incluye haber sido Presidente y CEO de Claude Resources, donde llevó a la primera empresa minera de oro de Saskatchewan a una compra de 337 millones de dólares por parte de Silver Standard Resources en 2016.
Como director independiente y Presidente del Comité de Auditoría, McMillan se une a la junta de MAX Power, ampliándola a cinco miembros. La designación está alineada con el enfoque de MAX Power en descubrir la primera concentración comercial de Hidrógeno Natural en América del Norte en Saskatchewan. McMillan destacó el potencial de Saskatchewan para convertirse en un líder mundial en Hidrógeno Natural, citando el liderazgo existente de la provincia en uranio y potasa, junto con su avanzado marco político para el desarrollo del Hidrógeno Natural.
MAX Power Mining Corp. (CSE: MAXX; OTC: MAXXF)는 전 Cameco 회장인 Neil McMillan을 이사회에 임명했습니다. McMillan은 Cameco에서의 16년 경력, 그 중 6년은 세계 최대 상장 우라늄 회사의 회장으로서의 경험을 보유하고 있습니다. 그의 경력에는 Claude Resources의 사장 겸 CEO로서 2016년 Silver Standard Resources에 3억 3천7백만 달러에 매각된 사스카체완 최초의 금광 회사를 이끌었던 경험이 포함되어 있습니다.
독립 이사이자 감사위원회 의장으로서 McMillan은 MAX Power의 이사회에 합류하여 이사회를 5명으로 확장합니다. 이번 임명은 MAX Power가 사스카체완에서 북미 최초의 상업적 자연 수소 농축을 발견하는 데 집중하고 있음을 반영합니다. McMillan은 사스카체완이 자연 수소 분야에서 세계적인 리더가 될 잠재력을 강조하며, 이 주의 기존 우라늄 및 칼리 분야의 리더십과 자연 수소 개발을 위한 선진 정책 체계를 언급했습니다.
MAX Power Mining Corp. (CSE: MAXX; OTC: MAXXF) a nommé Neil McMillan, ancien président de Cameco, au sein de son conseil d'administration. McMillan apporte une vaste expérience de ses 16 années passées chez Cameco, dont six ans en tant que président de la plus grande entreprise d'uranium cotée en bourse au monde. Son parcours comprend un poste de président et directeur général de Claude Resources, où il a dirigé la première entreprise minière d'or de la Saskatchewan dans le cadre d'un rachat de 337 millions de dollars par Silver Standard Resources en 2016.
En tant que directeur indépendant et président du comité d'audit, McMillan rejoint le conseil d'administration de MAX Power, qui passe ainsi à cinq membres. Cette nomination s'inscrit dans le cadre de l'objectif de MAX Power de découvrir la première concentration commerciale d'hydrogène naturel en Amérique du Nord, en Saskatchewan. McMillan a souligné le potentiel de la Saskatchewan pour devenir un leader mondial de l'hydrogène naturel, en citant le leadership existant de la province dans les domaines de l'uranium et du potassium, ainsi que son cadre politique avancé pour le développement de l'hydrogène naturel.
MAX Power Mining Corp. (CSE: MAXX; OTC: MAXXF) hat Neil McMillan, ehemaligen Vorsitzenden von Cameco, in seinen Vorstand berufen. McMillan bringt umfangreiche Erfahrungen aus seiner 16-jährigen Tätigkeit bei Cameco mit, darunter sechs Jahre als Vorsitzender des größten börsennotierten Uranunternehmens der Welt. Sein Werdegang umfasst die Position des Präsidenten und CEO von Claude Resources, wo er das erste Goldbergbauunternehmen in Saskatchewan zu einem Übernahmeangebot von 337 Millionen Dollar durch Silver Standard Resources im Jahr 2016 führte.
Als unabhängiger Direktor und Vorsitzender des Prüfungsausschusses tritt McMillan dem Vorstand von MAX Power bei und erweitert ihn auf fünf Mitglieder. Die Ernennung steht im Einklang mit dem Fokus von MAX Power auf die Entdeckung der ersten kommerziellen Konzentration von natürlichem Wasserstoff in Nordamerika in Saskatchewan. McMillan hob das Potenzial von Saskatchewan hervor, ein weltweiter Führer im Bereich natürlicher Wasserstoff zu werden, und verwies auf die bestehende Führungsrolle der Provinz in Uran und Kali sowie auf den fortschrittlichen politischen Rahmen für die Entwicklung von natürlichem Wasserstoff.
- Appointment of high-profile former Cameco Chairman strengthens board expertise
- Board expansion to 5 members improves corporate governance
- New director brings successful M&A experience (Claude Resources $337M buyout)
- Addition of experienced audit committee chair enhances financial oversight
- None.
VANCOUVER, British Columbia, Feb. 12, 2025 (GLOBE NEWSWIRE) -- MAX Power Mining Corp. (CSE: MAXX; OTC: MAXXF; FRANKFURT: 89N) (“MAX Power” or the “Company”) is pleased to announce that Mr. Neil McMillan, former Chairman of the world’s largest publicly traded uranium company, has joined the MAX Power Board of Directors, effective immediately.
Mr. Mansoor Jan, MAX Power CEO, commented: “Having Neil on our Board of Directors speaks to the transformational moment MAX Power has arrived at as we target the discovery of the first commercial concentration of Natural Hydrogen in North America in the pro-business, pro-energy province of Saskatchewan. Neil has enjoyed a dynamic career spanning several decades in the investment industry, mining and government, including 16 years on the board of Cameco and six years as Chairman of the Board for Cameco. I’m delighted to have Neil join the MAX Power Board of Directors and I’m confident that in this expanded role with the Company he’ll help deliver very positive impacts for shareholders.”
Neil McMillan Highlights
- Chairman of the Board of Cameco from 2013 to 2018 after first joining the board in 2002
- Former Board member of Atomic Energy of Canada Ltd., a federal Crown agency
- President and CEO of Claude Resources from 1995-2014 where he led Saskatchewan’s first gold mining company and made it profitable, contributing to its ultimate buyout by Silver Standard Resources in 2016 for
$337 million - Long-time Director of Star Diamond Corp. until 2020
- 16 years in the financial sector, managing RBC Dominion Securities in Saskatoon
- Former President of the Saskatoon Chamber of Commerce
- Saskatchewan MLA from 1975 to 1978
Mr. McMillan commented: “MAX Power has a unique opportunity to do something extraordinary in the resource sector in terms of both exploration and development of a critical new element, Natural Hydrogen. Saskatchewan is already a world leader in uranium and potash, so there’s no reason it can’t become a world leader in Natural Hydrogen as our experts have confirmed the geological recipe exists. No Canadian province is more advanced in its policy framework for Natural Hydrogen than Saskatchewan. The team we have assembled to make things happen is best-in-class, and the property potential is enormous, so get ready for an exciting new stage in MAX Power’s development and Saskatchewan’s resource leadership.”
Mr. McMillan joins MAX Power’s board as an independent director, increasing the overall number of directors to five, and has also been appointed as Chair of the Company’s Audit Committee.
New MAX Power Corporate Video
Learn more about MAX Power by clicking on the following link:
https://vimeo.com/1050826855/79a9b5c0cc
About MAX Power
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.
On behalf of the Board of Directors,
Mansoor Jan - CEO
MAX Power Mining Corp.
info@maxpowermining.com
Tel: 778-655-9266
Forward-Looking Statement Cautions
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.
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