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MAX Power Adds New Board Member

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MAX Power Mining Corp (CSE: MAXX; OTC: MAXXF) has announced the appointment of Brent Dunlop to its Board of Directors. Dunlop brings extensive experience in geology, engineering, and wealth management, including 11 years at INCO as Senior Geologist, six years with Potash as P.Eng, and 28 years at RBC Dominion Securities where he managed $700 million in assets.

Neil McMillan, former Chairman of Cameco and current MAX Power Director, endorsed Dunlop's appointment, highlighting their 40-year professional relationship. Dunlop currently holds 1,734,000 common shares, 557,000 warrants, and 100,000 stock options in MAX Power. The appointment coincides with Bill deJong's resignation from the board, though he remains as counsel to the Company.

The company has also released updated corporate presentations focusing on Natural Hydrogen and Critical Minerals, available on their website.

MAX Power Mining Corp (CSE: MAXX; OTC: MAXXF) ha annunciato la nomina di Brent Dunlop nel suo Consiglio di Amministrazione. Dunlop porta con sé una vasta esperienza in geologia, ingegneria e gestione patrimoniale, avendo lavorato per 11 anni in INCO come Geologo Senior, sei anni con Potash come P.Eng, e 28 anni presso RBC Dominion Securities, dove ha gestito 700 milioni di dollari in attivi.

Neil McMillan, ex Presidente di Cameco e attuale Direttore di MAX Power, ha sostenuto la nomina di Dunlop, sottolineando la loro relazione professionale di 40 anni. Dunlop detiene attualmente 1.734.000 azioni ordinarie, 557.000 warrant e 100.000 opzioni su azioni in MAX Power. La nomina coincide con le dimissioni di Bill deJong dal consiglio, anche se rimane come consulente per la Società.

L'azienda ha anche pubblicato presentazioni aziendali aggiornate focalizzate sull'idrogeno naturale e sui minerali critici, disponibili sul loro sito web.

MAX Power Mining Corp (CSE: MAXX; OTC: MAXXF) ha anunciado el nombramiento de Brent Dunlop en su Junta Directiva. Dunlop aporta una amplia experiencia en geología, ingeniería y gestión de patrimonio, incluyendo 11 años en INCO como Geólogo Senior, seis años con Potash como P.Eng, y 28 años en RBC Dominion Securities, donde gestionó 700 millones de dólares en activos.

Neil McMillan, ex Presidente de Cameco y actual Director de MAX Power, respaldó el nombramiento de Dunlop, destacando su relación profesional de 40 años. Dunlop actualmente posee 1,734,000 acciones comunes, 557,000 warrants y 100,000 opciones sobre acciones en MAX Power. El nombramiento coincide con la renuncia de Bill deJong de la junta, aunque permanece como consejero de la Compañía.

La empresa también ha publicado presentaciones corporativas actualizadas centradas en el Hidrógeno Natural y Minerales Críticos, disponibles en su sitio web.

MAX Power Mining Corp (CSE: MAXX; OTC: MAXXF)는 Brent Dunlop을 이사회에 임명했다고 발표했습니다. Dunlop은 지질학, 공학 및 자산 관리 분야에서 광범위한 경험을 가지고 있으며, INCO에서 11년 동안 수석 지질학자로 일했고, Potash에서 P.Eng로 6년, RBC Dominion Securities에서 28년 동안 7억 달러의 자산을 관리했습니다.

Neil McMillan, 전 Cameco 의장 및 현재 MAX Power 이사, 는 Dunlop의 임명을 지지하며 40년간의 전문 관계를 강조했습니다. Dunlop은 현재 MAX Power에서 1,734,000주, 557,000개의 워런트 및 100,000개의 주식 옵션을 보유하고 있습니다. 이 임명은 Bill deJong이 이사회에서 사임한 것과 동시에 이루어졌지만, 그는 여전히 회사의 고문으로 남아 있습니다.

회사는 또한 자연 수소와 중요한 광물에 중점을 둔 업데이트된 기업 프레젠테이션을 발표했으며, 이는 웹사이트에서 확인할 수 있습니다.

MAX Power Mining Corp (CSE: MAXX; OTC: MAXXF) a annoncé la nomination de Brent Dunlop au sein de son Conseil d'Administration. Dunlop apporte une vaste expérience en géologie, ingénierie et gestion de patrimoine, ayant travaillé 11 ans chez INCO en tant que Géologue Senior, six ans avec Potash en tant que P.Eng, et 28 ans chez RBC Dominion Securities, où il a géré 700 millions de dollars d'actifs.

Neil McMillan, ancien Président de Cameco et actuel Directeur de MAX Power, a soutenu la nomination de Dunlop, soulignant leur relation professionnelle de 40 ans. Dunlop détient actuellement 1.734.000 actions ordinaires, 557.000 bons de souscription et 100.000 options d'achat d'actions dans MAX Power. La nomination coïncide avec la démission de Bill deJong du conseil, bien qu'il reste conseiller de la Société.

L'entreprise a également publié des présentations d'entreprise mises à jour axées sur l'hydrogène naturel et les minéraux critiques, disponibles sur leur site internet.

MAX Power Mining Corp (CSE: MAXX; OTC: MAXXF) hat die Ernennung von Brent Dunlop in seinen Vorstand bekannt gegeben. Dunlop bringt umfangreiche Erfahrung in Geologie, Ingenieurwesen und Vermögensverwaltung mit, darunter 11 Jahre bei INCO als leitender Geologe, sechs Jahre bei Potash als P.Eng und 28 Jahre bei RBC Dominion Securities, wo er 700 Millionen Dollar an Vermögenswerten verwaltete.

Neil McMillan, ehemaliger Vorsitzender von Cameco und aktueller MAX Power-Direktor, unterstützte Dunlops Ernennung und hob ihre 40-jährige berufliche Beziehung hervor. Dunlop hält derzeit 1.734.000 Stammaktien, 557.000 Warrants und 100.000 Aktienoptionen in MAX Power. Die Ernennung fällt mit dem Rücktritt von Bill deJong aus dem Vorstand zusammen, der jedoch weiterhin als Berater des Unternehmens tätig bleibt.

Das Unternehmen hat außerdem aktualisierte Unternehmenspräsentationen veröffentlicht, die sich auf natürliches Wasserstoff und kritische Mineralien konzentrieren und auf ihrer Website verfügbar sind.

Positive
  • New board member brings significant industry experience across geology, engineering, and wealth management
  • Director holds substantial equity position (1.7M shares) showing alignment with shareholder interests
  • Strong endorsement from former Cameco Chairman adds credibility to appointment
Negative
  • None.

VANCOUVER, British Columbia, Feb. 21, 2025 (GLOBE NEWSWIRE) -- MAX Power Mining Corp. (CSE: MAXX; OTC: MAXXF; FRANKFURT: 89N) (“MAX Power” or the “Company”) is pleased to announce that Mr. Brent Dunlop of Saskatoon, Saskatchewan, has joined the Company’s Board of Directors, adding new strengths to the board given his extensive geological, engineering, and wealth management background.

Mr. Neil McMillan, former Chairman of Cameco and recently-appointed Director of MAX Power, commented: “I’ve known Brent for over 40 years, including working with him for 15 years. He is a skilled and competent individual in both resource engineering and investment management. He is an experienced and highly principled individual in everything he does and will make a solid addition to the MAX Board of Directors. We’re very fortunate to have him on the board.”

Brent Dunlop Highlights

  • Quickly rose through the ranks of INCO to become Senior Geologist in his early 20’s, working for 11 years at mines in Thompson, Manitoba, and Sudbury including Copper Cliff North and Levack;
  • Six years in engineering, research and development as a P.Eng with Potash Corporation in Saskatchewan;
  • 28 years in wealth management with RBC Dominion Securities in Saskatoon where he built an impressive client list and $700 million in assets under management.

Mr. Dunlop commented:“I’m delighted to join the MAX Power board and work with an exceptional team at this pivotal moment in Company history as we approach important catalysts on the Natural Hydrogen front. I’m a huge believer in Saskatchewan and how it’s so well positioned to be a global leader in Natural Hydrogen exploration and development. Saskatchewan people know how to get 'er done! I’ve got skin in the game and this is a game I believe we’re going to win in a very big way.”

Mr. Mansoor Jan, MAX Power CEO, added: “Brent is a get-things-done entrepreneur who will help the Company in many areas, especially with our focus on Saskatchewan which he’s extremely passionate about and where he’s so well connected, like Neil. The two of them worked together previously for many years and they bring a special chemistry to MAX Power.”

Mr. Dunlop currently holds 1,734,000 common shares of MAX Power, acquired in the open market and in financings, in addition to 557,000 warrants and 100,000 stock options in the Company.

To make room for Mr. Dunlop on the MAX Power board, Mr. Bill deJong has resigned as a Director, effective immediately. MAX Power extends its appreciation to Mr. deJong for his excellent service to the board since the company first went public on the CSE in 2022. He remains as counsel to the Company.

MAX Power Updated Corporate Presentations & Videos

MAX Power directs investors to its website (www.MaxPowerMining.com) for new corporate videos as well as updated corporate presentations.

Links for the above are as follows:

MAX Power Natural Hydrogen Presentation

MaxPowerMining.com/Maxpower_Hydrogen_Feb21_2025.pdf

MAX Power Critical Minerals Presentation

MaxPowerMining.com/MAXPower_CriticalMinerals_Feb21_2025.pdf

MAX Power Corporate Presentation

MaxPowerMining.com/Maxpower_Corporate_Feb21.pdf

MAX Power Corporate Video

Learn more about MAX Power by clicking on the following link:

https://vimeo.com/1050826855/79a9b5c0cc

Neil McMillan Video

https://www.youtube.com/watch?v=QoXfr5uki5A

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

For further information, please contact:        
Chad Levesque
Ph: 1-306-981-4753                                                
Email: ChadLevesqueConsulting@gmail.com

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.


FAQ

How many MAX Power Mining (MAXXF) shares does new director Brent Dunlop own?

Brent Dunlop holds 1,734,000 common shares of MAX Power, along with 557,000 warrants and 100,000 stock options in the Company.

What is Brent Dunlop's professional background before joining MAXXF?

Dunlop was Senior Geologist at INCO for 11 years, worked 6 years as P.Eng with Potash , and spent 28 years in wealth management at RBC Dominion Securities managing $700 million in assets.

Who endorsed Brent Dunlop's appointment to MAX Power Mining's board?

Neil McMillan, former Chairman of Cameco and current MAX Power Director, endorsed Dunlop's appointment based on their 40-year professional relationship.

What board changes occurred at MAX Power Mining (MAXXF) in February 2025?

Brent Dunlop joined the board while Bill deJong resigned as Director, though deJong remains as counsel to the Company.

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