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FAQ: MAX Power Mining's $5 Million Private Placement with Vietnam-Based Strategic Partner
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 closed a non-brokered private placement for $5 million (CDN) with Vietnam-based Big Energy, an affiliate of Bitexco, forming a strategic partnership to accelerate natural hydrogen exploration in Saskatchewan.
This represents the first large investment by a Vietnam-based company in Saskatchewan and supports MAX Power's exploration of natural hydrogen, positioning the company in an emerging clean energy sector as part of North America's decarbonization efforts.
The funds will support accelerated exploration and potential commercial development of natural hydrogen across MAX Power's 1.3 million-acre permitted land package in Saskatchewan.
The strategic partner is Big Energy, an affiliate of Bitexco, which is a Vietnam-based company making its first large investment in Saskatchewan through this partnership.
The exploration is focused on Saskatchewan, Canada, where MAX Power holds approximately 1.3 million acres (521,000 hectares) of permits covering prime exploration ground for 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, including the Willcox Playa Lithium Project in southeast Arizona where a 2024 diamond drilling discovery was made.
The latest news and updates relating to MAXXF are available in the company's newsroom at https://ibn.fm/MAXXF.
MAX Power is an innovative mineral exploration company focused on North America's shift to decarbonization, with a primary focus on natural hydrogen exploration and a secondary focus on critical minerals properties.
This investment positions MAX Power to advance discovery efforts within what is emerging as a new primary clean energy sector (natural hydrogen) and supports the company's role in North America's decarbonization shift.
Curated from InvestorBrandNetwork (IBN)
