MAX Power Mining Corp. (CSE: MAXX; OTC: MAXXF; FRANKFURT: 89N) announced an agreement to sell its wholly owned subsidiary, MAX Power Resources LLC, which owns the Willcox Playa Lithium Project in Arizona, to Homeland Critical Minerals Corp. The deal, valued at approximately $1.1 million through the issuance of 11 million Homeland shares, aligns with MAX Power’s strategy to concentrate resources on advancing its natural hydrogen initiatives.
Under the agreement, MAX Power will retain just under 50% of Homeland’s currently outstanding shares, providing significant exposure to the future development of the Willcox Project. The divestiture allows MAX Power to focus capital, technical expertise, and execution on its Lawson Natural Hydrogen Complex and the broader Genesis Trend in Saskatchewan, while preserving potential upside from lithium and other critical mineral opportunities pursued by Homeland.
MAX Power’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. The company has built dominant district-scale land positions across Saskatchewan, with approximately 1.3 million acres (521,000 hectares) of permits covering prime exploration ground prospective for large-volume accumulations of natural hydrogen.
The transaction is expected to close on or about June 17, 2026, subject to customary conditions and regulatory approvals, including any required approval from the Canadian Securities Exchange. The company stated that the move allows it to sharpen its focus on natural hydrogen, a clean energy resource that could play a key role in decarbonization efforts.
MAX Power is an innovative mineral and energy exploration company committed to responsible exploration and development practices that prioritize environmental stewardship, meaningful community engagement, and strong corporate governance. For more information, visit the company’s newsroom at https://ibn.fm/MAXXF.
