MAX Power Adds New Board Member
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.
Links for the above are as follows:
Neil McMillan Video
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.
[email protected]
For further information, please contact:
Chad Levesque
Ph: 1-306-981-4753
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.
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