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NEW VIDEO: The Time is Now
Regina, SK – July 31, 2026 – Max Power Mining Corp. (“Max Power” or the “Company”) (CSE: MAXX – OTCQX: MAXXF – Germany: 89N), is pleased to announce that it has completed the previously announced strategic transaction with Homeland Critical Minerals Corp. (“Homeland”), and has received CSE clearance for this transaction, pursuant to a Share Purchase Agreement dated June 5, 2026 (the “Agreement”). MAX Power has sold all the issued and outstanding equity interests of its wholly owned subsidiary, MAX Power Resources LLC, to Homeland, in exchange for 11 million common shares of Homeland (the “Consideration Shares”). MAX Power Resources LLC owns the Willcox Playa Lithium Project (the “Willcox Project”) and is a limited liability company existing under the laws of the State of Arizona.
MAX Power may evaluate various alternatives with respect to its Homeland share position in the future, including the potential distribution of some or all such shares to MAX Power shareholders, subject to applicable corporate, securities and regulatory requirements. Homeland intends to pursue a near-term listing on the TSX Venture Exchange.
Other benefits of this transaction for MAX Power shareholders are as follows:
- MAX Power remains intensely focused on its immediate goal of making the Lawson Complex and the broader Genesis Trend the global birthplace of large-scale Natural Hydrogen commercialization;
- With an improved lithium market and an administration focused on critical minerals development, Homeland is well positioned to unlock value from the Willcox Project and pursue other potential critical mineral opportunities in the United States;
- Through its ownership of 11 million Consideration Shares, representing just under 50% of Homeland's issued and outstanding shares, MAX Power maintains significant exposure to the future success of the Willcox Project and Homeland's broader business strategy.
In early 2024, MAX Power confirmed a drilling discovery of near-surface lithium-rich clays over an extensive area of the Willcox Project along the eastern side of the broader 50-square-mile playa (refer to April 26, 2024, news release). Much of the rest of the playa is leased by the U.S. Department of Defense from the Bureau of Land Management (BLM).
The Deal
Pursuant to the Agreement, Homeland acquired all the issued and outstanding equity interests of MAX Power Resources LLC in exchange for the Consideration Shares. The Consideration Shares have an aggregate fair market value of approximately $1.1 million (CDN) and were negotiated on an arm's-length basis. No finder's fees were payable in connection with the transaction. The Consideration Shares are subject to applicable statutory resale restrictions, including a four-month hold period.
Mr. Ran Narayanasamy, MAX Power CEO, commented: “We are pleased to have completed this transaction, which unlocks the value of an asset overlooked by investors given our intense focus on Natural Hydrogen and our success in Saskatchewan. As a major shareholder of Homeland, MAX Power looks forward to this company’s development and growth as an important player in the critical minerals sector in the United States.”
Figure 1 – Drilling Photo From Lawson, Genesis Trend (Nov. 2025)
Recent Videos
What is Natural Hydrogen?
https://www.youtube.com/watch?v=S0bqqZeIpxc
Genesis Explained: Its “Salt Barrier” Advantage and Proximity to Demand
https://www.youtube.com/watch?v=3ytpHdve6S8
The Genesis Trend’s Industrial Corridor
https://youtube.com/shorts/IAgALH_s3mI
Lawson – Canada’s First Big Step into Natural Hydrogen
https://www.youtube.com/watch?v=lTTOwMxz_zo
MAX Power Leaps at Lawson
https://www.youtube.com/watch?v=Yr4Ha06__Eg
Watch the Drill in Action
https://www.youtube.com/watch?v=eguNGAfdIek
MAX Power Saskatchewan Natural Hydrogen Documentary Video
https://www.youtube.com/watch?v=TXGDtTUbJ2c
History in The Making at Lawson – Video Immediately Ahead of Drill Rig Setup
https://www.youtube.com/watch?v=BNHazk9Sy4E
MAX Power Saskatchewan Natural Hydrogen Documentary Video
https://www.youtube.com/watch?v=TXGDtTUbJ2c
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About MAX Power
MAX 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 million acres (~809,000 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.
On behalf of the Board of Directors:
Ran Narayanasamy, CEO
MAX Power Mining Corp.
info@maxpowermining.com
For further information, please contact:
Chad Levesque, Investor Relations
Ph: 1-306-981-4753
Email: chad@maxpowermining.com
Media Contact:
Sarah Mawji, Venture Strategies
Email: sarah@venturestrategies.com
About this press release:
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Cautionary Statements
This 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.
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.
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.