MAX Power Mining Corp. (CSE: MAXX; OTC: MAXXF; FRANKFURT: 89N) has announced the appointment of Tony Van Burgsteden as chief financial officer, effective immediately, as the company advances toward commercial evaluation of its Saskatchewan Natural Hydrogen platform. Van Burgsteden, a member of the company’s board and former CFO of Orano Canada, succeeds Ryan Cheung, who has served as CFO since June 2025.
This leadership change comes at a pivotal time for MAX Power, which holds dominant district-scale land positions across Saskatchewan with approximately 1.3 million acres (521,000 hectares) of permits, plus an additional 5.7 million acres under application. 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.
Natural hydrogen, also known as white hydrogen, is generated naturally through geological processes and is being explored as a low-carbon energy source. The appointment of Van Burgsteden, with his experience in the uranium and mining sectors, signals MAX Power’s commitment to rigorous financial management as it moves toward commercial evaluation of this resource.
The company is also active in critical minerals, highlighted by a 2024 diamond drilling discovery at the Willcox Playa Lithium Project in southeast Arizona, 100%-owned by MAX Power’s U.S. subsidiary. MAX Power is focused on responsible exploration and development practices that prioritize environmental stewardship, meaningful community engagement, and strong corporate governance.
For more details on the announcement, the full press release is available at https://ibn.fm/9jvsq. Investors seeking the latest news and updates on MAXXF can visit the company’s newsroom at https://ibn.fm/MAXXF.
The appointment comes amid growing interest in natural hydrogen as a potential clean energy source. Unlike green hydrogen produced via electrolysis, natural hydrogen is extracted directly from subsurface reservoirs, potentially offering a lower-cost and more energy-efficient alternative. MAX Power’s large land position in Saskatchewan positions it as a key player in this emerging sector.
The implications of this development extend beyond the company. If commercial evaluation proves successful, it could open a new frontier in clean energy, reducing reliance on fossil fuels and supporting decarbonization goals. For investors, the move signals that MAX Power is progressing toward monetizing its assets, which could impact the company’s valuation and the broader natural hydrogen industry.
MAX Power is an innovative mineral and energy exploration company focused on the shift to decarbonization. The company holds a portfolio of properties in the United States and Canada focused on critical minerals. With Van Burgsteden’s appointment, the company is poised to strengthen its financial oversight as it navigates the path from exploration to commercial production.
