Max Power Confirms Canada’s First Natural Hydrogen Drilling Discovery Hydrogen concentrations up to 286,000 ppm confirmed at Lawson, establishing the discovery of a Natural Hydrogen system in MAX Power’s first well on 475-km-long Genesis Trend in SaskatchewanFree-flowing hydrogen to surface and reservoir drive at Lawson accelerate the project beyond conceptual stage to resource modelling and commercial evaluation, with a confirmatory well planned during H1 2026 following upcoming 3D seismic survey to delineate the projected high purity apex of the structure As Lawson advances toward commercial evaluation, this Saskatchewan discovery marks a major milestone in the global development of an emerging clean energy source and underscores the scalability potential of Natural Hydrogen along an entire 475-km belt that stretches into Montana and the Dakotas MAX Power Saskatchewan Natural Hydrogen Documentary Videohttps://www.maxpowermining.com/NaturalHydrogen-NewEra/ SASKATOON, Saskatchewan, Jan. 16, 2026 (GLOBE NEWSWIRE) -- MAX Power Mining Corp. (CSE: MAXX; OTC: MAXXF; FSE: 89N) (“MAX Power” or the “Company”) is pleased to announce confirmation of Canada’s first-ever subsurface Natural Hydrogen system following the successful completion and testing of the first well ever drilled in Canada (“Lawson”) specifically targeting Natural Hydrogen near Central Butte, Saskatchewan, approximately 140 km south of Saskatoon. Notably, immediate drilling success in the province featuring Canada’s most advanced policy framework for Natural Hydrogen presents a series of potential short-term catalysts (refer to Next Steps – H1 2026) that could accelerate the development of this emerging clean energy industry in Saskatchewan, already a global leader in uranium and potash and Canada’s only producer of helium. The Lawson discovery supports the Company’s geological model for Natural Hydrogen accumulations and allows for potential repeatability and scalability across the 475-km-long Genesis Trend and elsewhere on MAX Power’s 1.3-million acre permitted land package where a multi-well drill program is set to resume with a fully funded second well along the Saskatchewan-Montana border. The highly prospective Genesis Trend lies adjacent to the Regina–Moose Jaw Industrial Corridor, where demand for hydrogen is strong. Its entire eastern boundary is nestled against the Prairie Evaporite, which hosts the world’s largest potash reserves and, in the assessment of MAX Power’s geological team, functions as a regional “Salt Barrier” providing a trap and seal conducive to the accumulation of Natural Hydrogen. Lawson Discovery Highlights Hydrogen concentrations up to 286,000 ppm (28.6% H₂)Free gas flow to surface with robust initial rates and pressures following perforationEvidence of a potentially large reservoir with strong drive mechanismFractured Precambrian “exotic terrane” rocks hosting favorable source rocksElevated helium values up to 8.7% detected in sealed core tube gas samples from zone above the basement complex, indicating potential for a stacked gas systemDiscovery accelerates the development of MAXX LEMI, MAX Power’s AI-assisted Large Earth Model for Natural Hydrogen, designed to become the global standard for Natural Hydrogen exploration Figure 1: Genesis Natural Hydrogen Trend Next Steps – H1 2026 MAX Power will now advance Lawson toward commercial evaluation through: Resource modelling and estimation in accordance with applicable standards and regulatory guidance, which is expected to commence shortly given an already extensive datasetA 47-sq. km 3D seismic survey over the Lawson discovery to define reservoir geometry and trap integrity, which will also aid in developing a contingent resourceA confirmatory well to evaluate commercial deliverability, with targeting optimized through the 3D seismic survey slated to be carried out in FebruaryStakeholder and customer engagement with Saskatchewan-based industrial and energy users, and national and global companies specializing in AI infrastructure In parallel, data from Lawson will be integrated into MAXX LEMI, MAX Power’s AI-assisted Large Earth Model for Natural Hydrogen exploration. MAXX LEMI is designed to optimize targeting and accelerate discovery of Natural Hydrogen deposits, not only in Saskatchewan but globally as a leading platform that MAX Power plans to monetize. CEO and Technical Team Commentary Mr. Ran Narayanasamy, MAX Power President and CEO, commented: “This is a defining moment for MAX Power, Saskatchewan and Canada. We have confirmed the existence of a Natural Hydrogen system in the subsurface from the first well ever drilled in this country specifically targeting this new primary energy source. Lawson is no longer a concept – it’s a discovered geological system with gas flow, pressure, and the key ingredients required for future commercial Natural Hydrogen development. This is an important milestone that positions Saskatchewan at the forefront of a rapidly emerging new