MAX Power Mining Corp. (
CSE: MAXX; OTC: MAXXF;
FRANKFURT: 89N) (“
MAX Power” or
the “
Company”) is pleased to announce that it has
entered into a Strategic Alliance with
Larin Engineering
HHC (“Larin”) of Prague, Czech Republic, a pioneering
international engineering firm specializing in Natural Hydrogen, to
target the first accumulations of Natural Hydrogen gas in the
United States.
Highlights:
- The Larin team,
with offices in Europe and Dubai, has been conducting cutting-edge
research into exploration and commercialization of Natural Hydrogen
for 20 years and is now aggressively applying that expertise to the
United States;
- Larin’s
involvement in the recent successful first-ever drill program for
Natural Hydrogen in the United States helped spark a post-pandemic
rush into this rapidly growing sector in America;
- Larin’s
targeting techniques will enable the MAX Power-Larin alliance to
efficiently vector in on land packages considered highly
prospective for Natural Hydrogen accumulations across multiple U.S.
states, with work starting immediately.
Pavel Piankov, General Manager of Larin Engineering, stated:
“Our technical team, led by Dr. Nikolay Larin and Vitaly Vidavsky,
has developed innovative methods to detect and monitor the emission
of Natural Hydrogen from the earth’s surface. This, along with
other scientific approaches and modeling, will help immensely in
the search for significant subsurface sources of Natural Hydrogen
at high flow rates through geological structures. We’re elated to
work with MAX Power which shares our big vision for this sector in
the United States and also has a successful operating history in
the U.S. through its Arizona subsidiary.”
Mr. Piankov added, “The cornerstone of our
company is the foundational work inspired by renowned geologist
Vladimir N. Larin who published: Hydridic Earth:
The New Geology of Our Primordially Hydrogen-Rich
Planet (1993), theorizing that the
earth’s core contains much more hydrogen than originally believed
and is formed by hydrides - compounds of hydrogen bonded to metals.
These views have been substantiated through the fundamental lab
experiments by independent research groups around the world.”
Video Clip - Larin’s Vitaly
Vidavsky
“The resource of Natural Hydrogen in the earth
eternals is massive, it’s huge.” - Vitaly Vidavsky, Larin
Engineering
Click on the following link to learn more:
https://vimeo.com/976679979/d70670b7f1
Mr. Rav Mlait, CEO of MAX Power, stated: “The
MAX Power-Larin Strategic Alliance gives us a comprehensive United
States strategy for Natural Hydrogen, from exploration to potential
commercialization, further cementing our first-mover leadership in
this sector in North America among publicly traded companies. With
Larin plus Chapman Hydrogen and Petroleum Engineering Ltd. in
Canada, and the addition of Quebec Natural Hydrogen expert Stephan
Sejourne, we have truly assembled a world class team with the
ability to deliver shareholders high-impact discoveries across the
United States and Canada.”
MAX Power Corporate Video
Learn more about MAX Power by clicking on the
following link:
https://vimeo.com/960577397/1511a6d016
MAX Power Natural Hydrogen Video
Learn more about Natural Hydrogen by clicking on the following
link:
https://vimeo.com/953002092/d6f8574ba4
MAX Power Corporate Presentation
Click on the following link to view MAX Power’s
new Corporate Deck:
https://maxpowermining.com/Presentations/MAXPower-Corporate.pdf
Qualified Person
The technical information in this news release
has been reviewed and approved by Peter Lauder, P.Geo., Member of
the Order of Geologists of Quebec and Senior Geologist and
Exploration Manager for MAX Power Mining Corp. Mr. Lauder is the
Qualified Person responsible for the scientific and technical
information contained herein under National Instrument 43-101
standards.
About MAX Power
MAX Power is an innovative mineral exploration
company focused on North America’s shift to decarbonization. MAX
Power is a first-mover in the rapidly growing Natural Hydrogen
sector, through a Strategic Alliance with Calgary-based Chapman
Hydrogen & Petroleum Engineering Ltd., and also holds a
portfolio of properties in the United States and Canada focused on
critical minerals. These properties are highlighted by a recent
diamond drilling discovery at the Willcox Playa Lithium Project in
southeast Arizona. MAX Power has also entered into a cooperative
research and development agreement with the University of
California Lawrence Berkeley National Laboratory (LBNL) to develop
state-of-the-art direct lithium extraction (DLE) technologies for
brine resources.
On behalf of the Board of Directors,
Rav Mlait - CEOMAX Power Mining
Corp.info@maxpowermining.comTel: 778-655-9266
Investor Relations:MarketSmart
CommunicationsTel: 877-261-4466
Forward-Looking Statement Cautions
This press release contains certain
“forward-looking statements” within the meaning of Canadian
securities legislation, relating to natural hydrogen, exploration
and acquisition of natural hydrogen properties, and entering into a
strategic alliance with third parties; ability to locate, discover
and/or extract natural hydrogen from the subsurface, commentary as
it relates to the opportune timing to carry out natural hydrogen
exploration, and any anticipated increasing demand for natural
hydrogen; any results and updates thereto as it relates to any
future drill program, and the funding of that program; and upcoming
press releases by the Company. Although the Company believes that
such statements are reasonable, it can give no assurance that such
expectations will prove to be correct. Forward-looking statements
are statements that are not historical facts. They are generally,
but not always, identified by the words "expects”, "plans”,
"anticipates”, "believes”, “interpreted”, "intends”, "estimates”,
"projects”, "aims”, “suggests”, “often”, “target”, “future”,
“likely”, “pending”, "potential”, "goal”, "objective”,
"prospective”, “possibly”, “preliminary”, and similar expressions,
or that events or conditions "will”, "would”, "may”, "can”, "could"
or "should" occur, or are those statements, which, by their nature,
refer to future events. The Company cautions that forward-looking
statements are based on the beliefs, estimates and opinions of the
Company's management on the date the statements are made, and they
involve number of risks and uncertainties. Consequently, there can
be no assurances that such statements will prove to be accurate and
actual results and future events could differ materially from those
anticipated in such statements. Except to the extent required by
applicable securities laws and the policies of the CSE, the Company
undertakes no obligation to update these forward-looking statements
if management's beliefs, estimates or opinions, or other factors,
should change. Factors that could cause future results to differ
materially from those anticipated in these forward-looking
statements include risks associated with possible accidents and
other risks associated with mineral exploration operations, the
risk that the Company will encounter unanticipated geological
factors, risks associated with the interpretation of assay results
and the drilling program, the possibility that the Company may not
be able to secure permitting and other governmental clearances
necessary to carry out its exploration plans, the risk that the
Company will not be able to raise sufficient funds to carry out its
business plans, and the risk of political uncertainties and
regulatory or legal changes that might interfere with the Company's
business and prospects. The reader is urged to refer to the
Company's Management’s Discussion and Analysis, publicly available
through the Canadian Securities Administrators' System for
Electronic Document Analysis and Retrieval (SEDAR+) at
www.sedarplus.ca for a more complete discussion of such risk
factors and their potential effects.
Neither the Canadian Securities Exchange
nor its Regulation Services Provider accepts responsibility for the
adequacy or accuracy of this release.