MAX Power Mining Corp. (CSE: MAXX; OTC: MAXXF; FRANKFURT: 89N) has appointed Tony Van Burgsteden as chief financial officer, effective immediately, as the company accelerates efforts toward commercial evaluation of its Saskatchewan Natural Hydrogen platform. Van Burgsteden, a current board member and former CFO of Orano Canada, succeeds Ryan Cheung, who served as CFO since June 2025.
This leadership change comes at a critical juncture for MAX Power, which has positioned itself at the forefront of natural hydrogen exploration in Canada. The company's Lawson Discovery near Central Butte, Saskatchewan, represents the first confirmed subsurface Natural Hydrogen system in the country, validated through deep drilling and data verified by three independent laboratories. With a dominant land position of approximately 1.3 million acres (521,000 hectares) of permits and an additional 5.7 million acres under application, MAX Power controls prime exploration ground prospective for large-volume accumulations of Natural Hydrogen.
The appointment of Van Burgsteden, who brings extensive financial expertise from his tenure at Orano Canada, underscores MAX Power's commitment to advancing its hydrogen assets toward commercial viability. Natural hydrogen, also known as white hydrogen, is generated through natural geological processes and offers a low-carbon energy source that could play a significant role in the global energy transition. The company's work in Saskatchewan could position Canada as a leader in this emerging sector.
In addition to its hydrogen portfolio, MAX Power holds a collection of critical mineral properties in the United States and Canada, highlighted by a 2024 diamond drilling discovery at the Willcox Playa Lithium Project in southeast Arizona, which is 100%-owned by the company's U.S. subsidiary. The company emphasizes responsible exploration and development practices that prioritize environmental stewardship, community engagement, and strong corporate governance.
For investors, the latest updates on MAXXF are available in the company’s newsroom at https://ibn.fm/MAXXF. The full press release regarding the CFO appointment can be accessed at https://ibn.fm/9jvsq.
