MAX Power has initiated a financing round aiming to raise between C$4 million and C$20 million to accelerate development of its Saskatchewan natural hydrogen assets.
The funding will be directed toward analytical testing, resource modelling, and the drilling of a confirmatory well at the Lawson discovery on the Genesis Trend near Central Butte. Additional capital will support seismic acquisition and exploration activities across the company’s substantial Saskatchewan land holdings.
The offering is structured as units priced at C$1.30, accompanied by warrants exercisable at C$1.80 over a 24-month period. Hampton Securities is leading the placement, signaling investor confidence in the emerging natural hydrogen sector.
This financing milestone comes as MAX Power advances the first confirmed subsurface natural hydrogen system in Canada. Following the Lawson discovery, the company’s immediate priorities are defining the scale of the resource, assessing repeatability across its land position, and progressing toward commercial evaluation. MAX Power’s Saskatchewan footprint encompasses 1.3 million permitted acres and an additional 5.7 million acres under application.
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