MAX Power Mining Secures $5 Million Strategic Investment from Vietnam's Bitexco for Saskatchewan Natural Hydrogen Exploration
TL;DR
MAX Power Mining secured $5 million from Vietnam's first large Saskatchewan investment, accelerating natural hydrogen exploration for early mover advantage in clean energy.
MAX Power Mining closed a non-brokered private placement, using $5 million to fund Q4 2025 drilling on 1.3 million acres for natural hydrogen discovery.
MAX Power's natural hydrogen exploration supports decarbonization by advancing a clean energy sector that could reduce environmental impact for future generations.
MAX Power Mining's partnership marks Vietnam's first major Saskatchewan investment, targeting natural hydrogen across 1.3 million acres while also discovering lithium in Arizona.
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MAX Power Mining has completed a $5 million private placement with Vietnam-based strategic partner Big Energy, an affiliate of Bitexco, representing the first significant investment by a Vietnamese company in Saskatchewan's resource sector. This non-brokered financing supports accelerated exploration and potential commercial development of natural hydrogen across MAX Power's 1.3 million-acre permitted land package in the province, positioning the company to advance discovery efforts within what is emerging as a new primary clean energy sector.
The investment comes as natural hydrogen gains recognition as a potentially transformative clean energy source, with MAX Power establishing itself as a first mover in this emerging sector. The company has built what it describes as a dominant district-scale land position covering approximately 1.3 million acres (521,000 hectares) of permits in Saskatchewan, targeting areas prospective for large volume accumulations of natural hydrogen. High priority initial drill target areas have been identified, with drilling expected to commence in the fourth quarter of 2025.
This strategic partnership with Big Energy provides MAX Power with capital to advance its natural hydrogen exploration program while establishing international connections in the clean energy sector. The company's broader portfolio includes properties in the United States and Canada focused on critical minerals, highlighted by a 2024 diamond drilling discovery at the Willcox Playa Lithium Project in southeast Arizona. Additional information about MAX Power's developments is available in the company's newsroom at https://ibn.fm/MAXXF.
The significance of this investment extends beyond the immediate capital infusion, representing growing international interest in Canada's natural hydrogen potential and the broader shift toward decarbonization. As countries and industries seek alternatives to fossil fuels, natural hydrogen exploration has emerged as a promising frontier in clean energy development. The partnership between MAX Power and Big Energy demonstrates how cross-border investment can accelerate resource development while supporting global energy transition goals.
For investors and industry observers, this development signals increasing validation of natural hydrogen as a commercially viable energy source and highlights Saskatchewan's potential as a key jurisdiction for its development. The full details of the private placement and strategic partnership are available in the company's press release at https://ibn.fm/gbTXo. As MAX Power advances its exploration program with this new funding, the company's progress will provide important insights into the technical and economic feasibility of natural hydrogen extraction in North America.
Curated from InvestorBrandNetwork (IBN)
