First Well of Lawson Commercial Validation Drill Program – Still in Progress – Encounters Continuous Natural Hydrogen Readings Over 831 Meters and Highest Readings to Date in Major Basement Complex Fracture Zone

About this update from Max Power Mining Corp

Ongoing drilling of first well in commercial validation program, a 2.4-km step-out from original discovery, supports existence of a large and robust Natural Hydrogen system - drilling is being extended further to depth after just encountering the highest Natural Hydrogen gas detection readings to date at Lawson.  NEW Video: The Time is Nowhttps://youtu.be/TKnEnBEQ0TM REGINA, Saskatchewan, July 27, 2026 (GLOBE NEWSWIRE) -- MAX Power Mining Corp. (CSE: MAXX; OTC: MAXXF; FSE: 89N) ("MAX Power" or the "Company") is pleased to provide an update on drilling progress at Lawson 2-24 ("Lawson 2"), marking the start of a multi-well commercial validation drill program at Canada's first confirmed Natural Hydrogen subsurface system near Central Butte, Saskatchewan, in the heart of the 475-km Genesis Trend. Highlights Mr. Steve Halabura, MAX Power Chief Geoscientist, commented: "We are indeed witnessing Natural Hydrogen history being made again at Lawson in the heart of Saskatchewan's Genesis Trend, which immediately helps de-risk our current program. What we're seeing in this first step-out well is extremely exciting. We're in unchartered territory, so it'll be fascinating to see what we encounter as we deepen the well beyond this Natural Hydrogen-rich fracture zone at 2,370 meters. Every extra meter sets a new record for total meters cored into the basement complex. A completions program after casing of this well will give us the key metrics around flow, volume, and concentrations, as we strive toward commerciality at Lawson. With more drilling and much more data to review over the coming days, we eagerly look forward to providing our next update." Mr. Ran Narayanasamy, MAX Power CEO, commented: "Saskatchewan is once again demonstrating why it's one of the world's premier resource jurisdictions – the geology is incredible, and we have the policy framework for Natural Hydrogen to lead the world in this rapidly emerging new clean energy industry focused on delivering a new primary energy source. There is a quick and predictable path forward in Saskatchewan for the world's first potential large-scale commercialization of Natural Hydrogen. Congratulations to our dedicated team for building on this unique Canadian discovery at Lawson." Third party review of results from the Lawson commercial validation drill program by GLJ Ltd. will ensure that Canada's first-ever Na...

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