Max Power Prepares to Drill Second Natural Hydrogen Well as Program Expands 325 km SW of Lawson Discovery Newly acquired proprietary 2D seismic data has allowed for delineation of a technically robust Natural Hydrogen drill target at “Bracken” on the Grasslands Project along the Saskatchewan-Montana borderBracken will test a second “play concept” with its own unique trap and seal mechanisms compared to Lawson, Canada’s first Natural Hydrogen drilling discovery 325 km to the northeast Bracken, on a different trend than Genesis, further highlights scale and repeatability potential of Natural Hydrogen accumulations across the province of Saskatchewan where MAX Power owns Canada’s largest permitted land package for this emerging new primary energy sourceDrilling at Bracken will occur in parallel with advancement of Lawson toward potential commerciality MAX Power Saskatchewan Natural Hydrogen Documentary Videohttps://www.maxpowermining.com/NaturalHydrogen-NewEra/ SASKATOON, Saskatchewan, Jan. 30, 2026 (GLOBE NEWSWIRE) -- MAX Power Mining Corp. (CSE: MAXX; OTC: MAXXF; FRANKFURT: 89N) (“MAX Power” or the “Company”) is pleased to announce that in parallel with the ongoing analytical testing, resource modelling, and resource estimation program at its Lawson Natural Hydrogen Discovery in the heart of the 475-km-long Genesis Trend, the Company has identified a robust target for near-term drilling of a second “play concept” for Natural Hydrogen in Saskatchewan. Licensing is underway to commence the “Bracken” well along the Saskatchewan-Montana border in February. With a Natural Hydrogen discovery now confirmed at Lawson, MAX Power is advancing toward potential commercialization while simultaneously testing additional play concepts across Saskatchewan. The Bracken well represents an important step in demonstrating basin-scale continuity, supporting the geological team’s interpretation that Natural Hydrogen systems in Saskatchewan are repeatable and scalable across multiple trends. Bracken Highlights The Bracken well location was generated through an integrated geophysical and geological workflow leveraging 34.3-line kilometers of newly acquired proprietary 2D seismic data combined with legacy 2D seismic.This dataset was rigorously interpreted to delineate basement architecture, structural and stratigraphic pathways, and prospective migration corridors considered critical to Natural Hydrogen and associated clean gas accumulation.Like Genesis to the northeast, the Grasslands Project is considered prospective for multiple potential Natural Hydrogen discoveries that may also include helium.Bracken and the broader Grasslands Project is benefiting from, and informing, the Company’s in-house AI-assisted Large Earth Model Integration (LEMI) platform known as MAXX LEMI, MAX Power’s proprietary tool to optimize Natural Hydrogen exploration and drill target selection. Mr. Steve Halabura, MAX Power’s Chief Geoscientist, commented: “We’re very excited regarding Bracken given the amount of data we have from the area and all that we’ve learned from Lawson. Bracken is where the MAX Power team first discovered Natural Hydrogen in the sub-surface in Saskatchewan, through historical drilling, and the broader area is a known helium fairway. At Bracken, we’ll be testing a stratigraphic play concept vs. the structural play concept successfully developed at Lawson and across the Genesis Trend. There are some similarities in the Natural Hydrogen geological model between Bracken and Lawson, but each has its own unique trap and seal mechanisms.” Mr. Ran Narayanasamy, MAX Power CEO, added: “We continue to move at a rapid pace with respect to Natural Hydrogen exploration and development in Saskatchewan where we have the advantage of a mature and favorable policy framework. This also highlights the stark timeline difference between exploration and potential commercialization of Natural Hydrogen vs. traditional mineral and metal projects. This is months to molecules, not years. Our goal is to quickly unlock scalable, low-carbon energy resources in Saskatchewan, and leverage the MAXX LEMI model for Natural Hydrogen on a global basis.” Bracken and the Grasslands Project The Bracken prospect forms part of a broader, regionally extensive exploration fairway across MAX Power’s 75-km-wide permitted Grasslands Project. This emerging play has meaningful district-scale potential, with Bracken serving as a key calibration point for future drilling locations. Success at Bracken would materially de-risk additional prospects already defined within the seismic and MAXX LEMI framework, positioning MAX Power to rapidly advance a growing inventory of follow-up targets across its highly prospective Saskatchewan portfolio. Figure 1: Grasslands Project Map Why This Matters to Investors Advancing a second, independently derived Natural Hydrogen play concept a few hundred kilometers from Lawson in the southwest corner of the province reinforces that the Company’s opportu