MAX Power Enters Into Collaboration with Petroleum Technology Research Centre to Accelerate Natural Hydrogen Development
MAX Power (OTC: MAXXF) announced a long-term strategic technical collaboration with the Petroleum Technology Research Centre (PTRC) effective October 2025 to accelerate Natural Hydrogen exploration in Saskatchewan.
The three-year MOU covers PTRC lab analyses, Industrial CT core testing, subsurface reservoir characterization and co-development of low-emission technologies tied to MAX Power’s 200-km Genesis Natural Hydrogen Trend and planned Q4 2025 drilling on high-priority Lawson targets. PTRC brings 20+ years of subsurface experience and provincial research links intended to provide third-party validation and technical oversight for MAX Power’s ~1.3 million acres of permits.
MAX Power (OTC: MAXXF) ha annunciato una collaborazione tecnica strategica a lungo termine con il Petroleum Technology Research Centre (PTRC) con effetto da ottobre 2025 per accelerare l'esplorazione dell'idrogeno naturale in Saskatchewan.
Il memorandum d'intesa di tre anni include analisi di laboratorio PTRC, test del core con Tomografia a Raggi X Industriale, caratterizzazione del sottosuolo e co-sviluppo di tecnologie a basse emissioni legate al Genesis Natural Hydrogen Trend di MAX Power di 200 km e alle perforazioni pianificate per il quarto trimestre 2025 su obiettivi Lawson ad alta priorità. PTRC porta oltre 20 anni di esperienza nel sottosuolo e contatti di ricerca provinciali pensati per fornire validazione indipendente e supervisione tecnica per i circa 1,3 milioni di acri di permessi di MAX Power.
MAX Power (OTC: MAXXF) anunció una colaboración técnica estratégica a largo plazo con el Petroleum Technology Research Centre (PTRC) con efecto a octubre de 2025 para acelerar la exploración de hidrógeno natural en Saskatchewan.
El memorando de entendimiento de tres años cubre análisis de laboratorio PTRC, pruebas de núcleo por tomografía industrial (Industrial CT), caracterización de reservorios subterráneos y desarrollo conjunto de tecnologías de bajas emisiones vinculadas al Genesis Natural Hydrogen Trend de MAX Power, de 200 km, y a la perforación planificada para el cuarto trimestre de 2025 en objetivos de Lawson de alta prioridad. PTRC aporta más de 20 años de experiencia en subsuelo y vínculos de investigación provincial destinados a proporcionar validación independiente y supervisión técnica para los permisos de aproximadamente 1.3 millones de acres de MAX Power.
MAX Power (OTC: MAXXF) 는 2025년 10월 발효되는 파이프라인으로 Saskatchewan에서의 천연 수소 탐사를 가속화하기 위해 Petroleum Technology Research Centre (PTRC)와 장기 전략적 기술 협력을 발표했습니다.
3년간의 양해각서는 PTRC 실험실 분석, 산업용 CT 코어 테스트, 지하 저장소 특성화 및 MAX Power의 200km Genesis Natural Hydrogen Trend과 2025년 4분기 Lawson 고우선 대상의 시추 계획과 연계된 저배출 기술의 공동 개발을 다룹니다. PTRC는 20년이 넘는 지하 경험과 주정부 연구 네트워크를 제공하여 MAX Power의 약 130만 에이커 면허에 대한 제3자 검증 및 기술 감독을 제공하는 것을 목표로 합니다.
MAX Power (OTC: MAXXF) a annoncé une collaboration technique stratégique à long terme avec le Petroleum Technology Research Centre (PTRC) effective octobre 2025 pour accélérer l’exploration de l’hydrogène naturel dans la Saskatchewan.
Le MOU de trois ans couvre les analyses en laboratoire PTRC, les tests de carotte par tomodensité industrielle (Industrial CT), la caractérisation des réservoirs souterrains et le développement conjoint de technologies à faibles émissions liées à la Genesis Natural Hydrogen Trend de MAX Power sur 200 km et aux forages prévus au T4 2025 sur des cibles Lawson prioritaires. PTRC apporte plus de 20 ans d’expérience en subsurface et des liens de recherche provinciaux destinés à fournir une validation indépendante et une supervision technique pour les permis d’environ 1,3 million d’acres de MAX Power.
MAX Power (OTC: MAXXF) hat eine langfristige strategische technologische Zusammenarbeit mit dem Petroleum Technology Research Centre (PTRC) mit Wirkung Oktober 2025 angekündigt, um die Exploration von natürlichem Wasserstoff in Saskatchewan zu beschleunigen.
Die dreijährige Absichtserklärung (MOU) deckt PTRC-Laboranalysen, industrielle CT-Kerntesting, die Charakterisierung subsurface Reservoirs und die gemeinsame Entwicklung emissionsarmer Technologien ab, die mit MAX Powers 200-km Genesis Natural Hydrogen Trend und geplanten Bohrungen im vierten Quartal 2025 auf hochpriorisierte Lawson-Ziele verbunden sind. PTRC bringt über 20 Jahre Erfahrung in Subsurface mit und hat provinciale Forschungsnetzwerke, die darauf abzielen, eine Drittpartei-Validierung und technische Aufsicht für MAX Powers ca. 1,3 Millionen Acres an Genehmigungen bereitzustellen.
MAX Power (OTC: MAXXF) أعلنت عن تعاون تقني استراتيجي طويل الأجل مع مركز أبحاث تكنولوجيا النفط PTRC ساري المفعول من أكتوبر 2025 لتعجيل استكشاف الهيدروجين الطبيعي في ساسكاتشوان.
يغطي مذكرة التفاهم لمدة ثلاث سنوات تحليلات مختبر PTRC واختبارات موضعية باستخدام CT الصناعي، وت characterization subsurface reservoir وآليات تطوير مشتركة لتقنيات منخفضة الانبعاثات مرتبطة بمسار Genesis Natural Hydrogen Trend بطول 200 كم وبئريات حفر مخطط لها في الربع الرابع من 2025 على أهداف Lawson عالية الأولوية. يجلب PTRC أكثر من 20 عامًا من الخبرة في الطبقة السفلى وروابط البحث الإقليمية المخصصة لتوفير تحقق من الطرف الثالث و إشراف تقني على نحو 1.3 مليون فدان من تصاريح MAX Power.
MAX Power (OTC: MAXXF) 宣布与 Petroleum Technology Research Centre (PTRC) 建立长期战略技术合作关系，自 2025 年 10 月起生效，以加速萨斯喀彻温省的天然氢探索。
为期三年的谅解备忘录涵盖 PTRC 实验室分析、工业CT芯样测试、地下储层表征以及与 MAX Power 的 200 公里 Genesis Natural Hydrogen Trend 相关的低排放技术共开发，并计划在 2025 年第四季度对 Lawson 的高优先目标进行钻探。PTRC 拥有超过 20 年的地下经验和省级研究纽带，旨在为 MAX Power 大约 130 万英亩许可提供第三方验证和技术监管。
- Three-year MOU effective October 2025
- Access to PTRC’s Industrial CT and Energy Innovation Hub labs
- Scale: ~1.3 million acres of permits in Saskatchewan
- Planned drilling start in Q4 2025 on Genesis trend
- Planned drill program remains subject to permits and financing
- No commercial Natural Hydrogen discovery yet; outcomes uncertain
- Brings world class validation, technical scientific research and development expertise to establish Canada’s first deep subsurface Natural Hydrogen program.
- Strategic technical collaboration with globally recognized PTRC further solidifies MAX Power’s leadership in the pursuit of the world’s first commercial Natural Hydrogen discovery.
- The MAX Power-PTRC collaboration marks a major milestone in advancing sustainable energy innovation across Saskatchewan through the exploration and potential near-term development of Natural Hydrogen resources in the province.
SASKATOON, Saskatchewan, Oct. 10, 2025 (GLOBE NEWSWIRE) -- MAX Power Mining Corp. (CSE: MAXX; OTC: MAXXF; FRANKFURT: 89N) (“MAX Power” or the “Company”), rapidly moving toward the start of drilling on the Genesis Natural Hydrogen Trend in Saskatchewan, is pleased to announce a long-term strategic technical collaboration with the globally-recognized, award-winning Petroleum Technology Research Centre (PTRC) based in Regina, with the goal of making Saskatchewan the global leader in Natural Hydrogen exploration and development.
The Memorandum of Understanding (MOU) between MAX Power and PTRC is effective immediately (October 2025) and will guide collaborative work over the next three years.
Highlights
- Leveraging PTRC’s state-of-the-art Energy Innovation Hub Labs: PTRC will carry out highly advanced analytical and interpretive techniques for Natural Hydrogen reservoirs (refer to MAX Power Sept. 30, 2025 news release on Lawson drill target and the 200-km-long Genesis Trend).
- Leveraging PTRC’s expertise: PTRC’s subsurface reservoir characterization will draw on decades of leadership in CO₂ storage, geothermal energy, Enhanced Oil Recovery, and compressed air energy storage (CAES).
- Additional critical PTRC subsurface geological support: Through testing of cores with its Industrial CT Scanner, mapping, and rock mechanical work, among other initiatives, PTRC’s expertise in subsurface geology will further strengthen MAX Power’s leadership in the study, exploration and development of Natural Hydrogen as a new primary energy source.
- New technologies: PTRC and MAX Power will also pursue co-development opportunities in support of low-emission energy technologies related to the Natural Hydrogen sector.
MAX Power CEO Commentary
Mr. Mansoor Jan, MAX Power CEO, stated: “We’re honored to enter into this long-term collaboration with the Petroleum Technology Research Centre which has such an excellent reputation in the clean energy field. Their expertise in subsurface geology is recognized around the world, and they are passionate about carving out a niche for Saskatchewan in Natural Hydrogen. The immediate collaboration between these two teams - MAX Power and PTRC - brings us closer to the goal of making the world’s first commercial discovery of Natural Hydrogen.”
PTRC Commentary
Mr. Ranjith Narayanasamy, President and CEO of PRTC, added: “PTRC is very eager to support Natural Hydrogen in Saskatchewan, utilizing our subsurface expertise with CO₂ storage, geothermal, and CAES. Natural Hydrogen exploration provides another exciting dimension for subsurface opportunities in Saskatchewan and beyond.”
Mr. Matt Nasehi, Director of PTRC’s Energy Innovation Hub Labs, stated: “We’re looking forward to analyzing core samples and simulating reservoir conditions with our advanced equipment to evaluate the potential for Natural Hydrogen production as MAX Power commences this unique drill program in Saskatchewan. This is a perfect fit for PTRC and will aid the effort toward a commercial breakthrough in this emerging field.”
About PTRC
Petroleum Technology Research Centre is a not-for-profit corporation founded in 1998 to facilitate research, development and field demonstration projects that reduce the carbon footprint and increase the production of subsurface energy. PTRC is committed to Indigenous engagement and consultation as the corporation strives to accelerate research and innovation in the production of subsurface energy.
In June 2025, at the Global Energy Show in Calgary, PTRC received the Suzanne West Environmental Excellence Award for its Aquistore Project located near Estevan’s Boundary Dam. Aquistore became the first project in the world to store CO₂ captured from a coal-fired plant.
Why This Matters To Investors
Petroleum Technology Research Centre (PTRC) brings more than 20 years of subsurface expertise and clean energy research to MAX Power, providing third party validation for Canada’s most extensive Natural Hydrogen program. As a provincially connected research institution with deep ties to both industry and educational institutions in Saskatchewan, PTRC brings a level of technical oversight and institutional credibility that is unparalleled in Saskatchewan – significantly de-risking MAX Power’s exploration efforts and strengthening its position as Canada’s leader in this new clean energy frontier.
MAX Power Saskatchewan Natural Hydrogen Documentary Video
https://www.youtube.com/watch?v=TXGDtTUbJ2c
MAX Power Natural Hydrogen Presentation
Learn more about MAX Power’s advantage in North America’s Natural Hydrogen sector by clicking on the following link:
https://www.maxpowermining.com/Maxpower_Hydrogen_Oct3_2025.pdf
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About MAX Power
MAX Power is an innovative mineral exploration company focused on North America’s shift to decarbonization. The Company is a first mover in the rapidly growing Natural Hydrogen sector where it has built a dominant district scale land position with approximately 1.3 million acres (521,000 hectares) of permits covering prime exploration ground prospective for large volume accumulations of Natural Hydrogen. High priority initial drill target areas have been identified for commencement of drilling in Q4 2025. MAX Power also holds a portfolio of properties in the United States and Canada focused on critical minerals. These properties are highlighted by a 2024 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.
info@maxpowermining.com
For further information, please contact:
Chad Levesque
Ph: 1-306-981-4753
Email: ChadLevesqueConsulting@gmail.com
Cautionary Statements
Certain statements contained in this press release may constitute “forward-looking information” within the meaning of applicable Canadian securities legislation, including National Instrument 51-102 – Continuous Disclosure Obligations. Forward-looking information is based on management’s current expectations, assumptions, and estimates as of the date of this release and is subject to known and unknown risks, uncertainties, and other factors that may cause actual results or events to differ materially from those expressed or implied herein.
Forward-looking statements are often, but not always, identified by words such as “anticipates”, “believes”, “targets”, “estimates”, “expects”, “plans”, “intends”, “may”, “will”, “could”, “would”, “should”, or similar expressions. These statements are not guarantees of future performance, and readers are cautioned not to place undue reliance on them. Forward-looking statements in this release include, without limitation, the Company’s planned drill program and the timing thereof.
Such forward-looking statements are based on assumptions believed by management to be reasonable as of the date hereof, including assumptions regarding: availability of capital and financing on acceptable terms; timely receipt of required permits; and general business, economic, and capital market conditions.
Forward-looking information involves significant risks and uncertainties, many of which are beyond the Company’s control, and actual results may differ materially from those expressed or implied. Such risks and uncertainties include, but are not limited to: market conditions and investor sentiment; fluctuations in commodity prices; risks inherent in mineral exploration and development, including operational risks, unexpected geological conditions, accidents, and delays; the availability and timing of financing; the ability to obtain permits and regulatory approvals; uncertainty of drilling and exploration results; reliance on key personnel; and changes in political, regulatory, or legal environments that could impact the Company’s business.
Readers are cautioned that the foregoing list is not exhaustive. Additional information on risks, assumptions, and uncertainties can be found in the Company’s continuous disclosure filings available on SEDAR+ at www.sedarplus.ca. Except as required by law, the Company undertakes no obligation to update or revise any forward-looking information, whether as a result of new information, future events, or otherwise.
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FAQ
What did MAX Power (MAXXF) announce on October 10, 2025 about PTRC?
When will MAX Power begin drilling on the Genesis Natural Hydrogen Trend (MAXXF)?
How large is MAX Power’s Saskatchewan land position (MAXXF)?
What technical capabilities will PTRC provide to MAX Power (MAXXF)?
Does the MAX Power–PTRC collaboration guarantee a commercial Natural Hydrogen discovery (MAXXF)?
What key risks did MAX Power (MAXXF) highlight for the planned drill program?
