Announcement • May 29
Max Power Mining Corp. announced that it has received CAD 25 million in funding from 2176423 Ontario Ltd. On May 29, 2026, Max Power Mining Corp closed the transaction. Announcement • May 22
Max Power Mining Corp. announced that it expects to receive CAD 25 million in funding from 2176423 Ontario Ltd. Max Power Mining Corp announced a non-brokered private placement with 2176423 Ontario Ltd to issue 12,500,000 units at an issue price of CAD 2 for the proceeds of CAD 25,000,000 on May 21, 2026. Each Unit will consist of one common share in the capital of the Company (each, a “Common Share”) and one Common Share purchase warrant (each, a “Warrant”). Each Warrant will entitle to purchase one Common Share (each, a “Warrant Share”) at a price of CAD 2.75 per Warrant Share for a period of 24 months following the closing date of the Private Placement. All securities issued in connection with the Private Placement will be subject to a statutory hold period of four months plus one day from the date of issuance, in accordance with applicable securities legislation. The Private Placement remains subject to approval of the Canadian Securities Exchange and other applicable regulatory approvals and is expected to close on or around May 28, 2026. No finder’s fees or commissions will be payable in connection with the Private Placement Announcement • May 05
Max Power Mining Corp. Announces CFO Changes Max Power Mining Corp. announced the appointment, effectively immediately, May 04, 2026, of Mr. Tony Van Burgsteden as Chief Financial Officer, strengthening the Company’s leadership team as it advances toward commercial evaluation of its Saskatchewan Natural Hydrogen platform. Mr. Van Burgsteden, who recently joined the MAX Power Board of Directors, is the former CFO of Saskatchewan-based Orano Canada, a major uranium mining and exploration company headquartered in Saskatoon. He is also the former VP of Finance at Federated Co-operatives Ltd. Mr. Van Burgsteden takes over from Mr. Ryan Cheung who has served as MAX Power’s Chief Financial Officer since June 2025. Mr. Van Burgsteden, a CPA and CFA, serves on the boards of Saskatchewan Blue Cross and the Canadian Light Source, Canada’s only synchrotron. He is also past chair of the Greater Saskatoon Chamber of Commerce.