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Home » MAX Power Adopts Shareholder Rights Plan
Press Release

MAX Power Adopts Shareholder Rights Plan

By News RoomMarch 9, 20265 Mins Read
MAX Power Adopts Shareholder Rights Plan
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MAX Power Saskatchewan Natural Hydrogen Documentary Video
https://www.maxpowermining.com/NaturalHydrogen-NewEra/

SASKATOON, Saskatchewan, March 09, 2026 (GLOBE NEWSWIRE) — MAX Power Mining Corp. (CSE: MAXX; OTC: MAXXF; FSE: 89N) (“MAX Power” or the “Company”) announces that the Board of Directors of the Company has adopted a Shareholder Rights Plan and has entered into a Shareholder Rights Plan Agreement with TMX Trust Company as Rights Agent effective today.

The Shareholder Rights Plan is consistent with rights plans adopted by other Canadian public companies and has not been adopted in response to any specific proposal or intention to acquire control of MAX Power. In the event of an unsolicited takeover bid in the future, the purpose of the Shareholder Rights Plan is to provide the Board and shareholders of MAX Power with an adequate amount of time to evaluate such unsolicited offer, explore value-enhancing alternatives, encourage potential bidders to treat MAX Power shareholders fairly and provide full and fair value for the MAX Power shares.

While the Shareholder Rights Plan is effective immediately, it is subject to ratification by MAX Power’s shareholders at the upcoming Annual General and Special Meeting, to be held on or around April 17, 2026. A summary of the principal terms of the Shareholder Rights Plan will be described in the management information circular being sent to MAX Power shareholders and a complete copy of the Shareholder Rights Plan will be made available for viewing under the Company’s SEDAR+ profile. The Shareholders Right Plan is expected to initially remain in effect for three years after the date of formal shareholder ratification.

Stay Connected by Following Us On

X (formerly Twitter) x.com/MaxPowerMining
LinkedIn: linkedin.com/company/max-power-mining-corp
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and by joining our Telegram channel: t.me/MaxpowerMining

Drilling Photo From Lawson, Genesis Trend (Nov. 2025)

Recent Videos

MAX Power Goes Big at Bracken
https://www.youtube.com/watch?v=mYcaVyU2yfY

The Power of MAXX LEMI
https://www.youtube.com/watch?v=kPeHdsBuqho

The Genesis Trend’s Industrial Corridor
https://youtube.com/shorts/IAgALH_s3mI

Lawson – Canada’s First Big Step into Natural Hydrogen
https://www.youtube.com/watch?v=lTTOwMxz_zo

MAX Power Leaps at Lawson
https://www.youtube.com/watch?v=Yr4Ha06__Eg

Watch the Drill in Action
https://www.youtube.com/watch?v=eguNGAfdIek

MAX Power Saskatchewan Natural Hydrogen Documentary Video
https://www.youtube.com/watch?v=TXGDtTUbJ2c

History in The Making at Lawson – Video Immediately Ahead of Drill Rig Setup
https://www.youtube.com/watch?v=BNHazk9Sy4E

About MAX Power

MAX Power is an innovative mineral and energy exploration company focused on the shift to decarbonization. The Company is a first mover in the rapidly growing Natural Hydrogen sector where it has built dominant district-scale land positions across Saskatchewan with approximately 1.3 million acres (521,000 hectares) of permits, plus an additional 5.7 million acres under application, covering prim. e exploration ground prospective for large-volume accumulations of Natural Hydrogen. Canada’s first-ever well specifically targeting Natural Hydrogen has been drilled by MAX Power at the Lawson target on the Genesis Trend, confirming a working subsurface system. MAX Power also holds a portfolio of properties in the United States and Canada focused on critical minerals. These properties are highlighted by a 2024 diamond drilling discovery at the Willcox Playa Lithium Project in southeast Arizona, 100%-owned by MAX Power’s U.S. subsidiary Homeland Critical Minerals Corp.

On behalf of the Board of Directors,

Ran Narayanasamy, CEO
MAX Power Mining Corp.
[email protected]

For further information, please contact:        

Cautionary Statement Regarding Forward-Looking Information

This news release contains forward-looking information within the meaning of applicable securities laws, which includes, without limitation, statements about: the interpretation of exploration and drilling results; the potential existence, size, continuity, recoverability, and commercial viability of Natural Hydrogen accumulations; the timing, scope, design, and success of anticipated appraisal, testing, and drilling programs; the advancement of the Lawson Discovery towards potential commercialization; the development, integration, and prospective use of MAXX LEMI; and the Company’s broader Natural Hydrogen strategy.

Forward-looking information is based on management’s current expectations, estimates, projections, and assumptions, including, among other things, assumptions regarding the Company’s ability to execute its work programs as planned, the availability and performance of equipment and personnel, regulatory timelines and approvals, geological continuity and reservoir characteristics, market conditions, and access to sufficient capital on acceptable terms.

Forward-looking information is inherently subject to known and unknown risks, uncertainties, and other factors that may cause actual results, performance, or achievements to differ materially from those expressed or implied by such forward-looking information, including, without limitation: exploration, appraisal, and development risks; the ability to obtain and maintain required permits and regulatory approvals in a timely manner; availability and cost of equipment and qualified personnel; geological, geophysical, and technical uncertainties; fluctuations in commodity and energy market prices; general economic conditions; and the Company’s ability to secure additional financing on acceptable terms. There can be no assurance that the Company will complete its planned drilling or related programmes as currently contemplated or within the anticipated timelines, or that any such programmes, if completed, will be successful or result in commercial production.

Readers are cautioned not to place undue reliance on forward-looking information. Forward-looking information in this news release is provided as of the date hereof, and the Company does not undertake any obligation to update or revise such information except in accordance with applicable securities laws. Additional information regarding risks and uncertainties applicable to the Company’s business is available under the Company’s profile on SEDAR+ at www.sedarplus.ca.

Neither the CSE nor its Regulation Services Provider accepts responsibility for the adequacy or accuracy of this release.

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/cec5f082-d4a4-4692-9dbc-fdb591db89b1

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