MAX Power Mining Appoints Tony Van Burgsteden as CFO as Natural Hydrogen Project Advances
MAX Power Mining Corp. has appointed Tony Van Burgsteden as CFO to lead financial strategy as the company moves toward commercial evaluation of its Saskatchewan Natural Hydrogen platform, marking a significant step in Canada's emerging natural hydrogen sector.
MAX Power Mining Corp. (CSE: MAXX; OTC: MAXXF; FRANKFURT: 89N) has appointed Tony Van Burgsteden as chief financial officer, effective immediately, signaling the company's strategic focus on commercializing its Natural Hydrogen assets in Saskatchewan. Van Burgsteden, a board member and former CFO of Orano Canada, succeeds Ryan Cheung, who served in the role since June 2025.
The appointment comes as MAX Power advances toward commercial evaluation of its Saskatchewan Natural Hydrogen platform, anchored by the Lawson Discovery near Central Butte, Saskatchewan. According to the company, this represents Canada's first-ever subsurface Natural Hydrogen system confirmed through deep drilling, with data validated by three independent labs. The company has built a dominant district-scale land position across Saskatchewan, holding approximately 1.3 million acres (521,000 hectares) of permits, with an additional 5.7 million acres under application.
Natural hydrogen, also known as white hydrogen, is naturally occurring hydrogen found in underground geological formations. It has garnered increasing attention as a potential low-carbon energy source, as it does not require energy-intensive production methods like electrolysis or steam methane reforming. For MAX Power, the ability to access natural hydrogen through drilling could provide a cost-competitive and environmentally friendly alternative to conventional hydrogen production.
The company's land position in Saskatchewan covers prime exploration ground prospective for large-volume accumulations of natural hydrogen, positioning it as a key player in this emerging sector. The appointment of Van Burgsteden, with his experience in the uranium and mining industry, underscores the company's commitment to rigorous financial management as it transitions from exploration to potential development.
In addition to its hydrogen projects, MAX Power holds a portfolio of properties focused on critical minerals in the United States and Canada. These include the Willcox Playa Lithium Project in southeast Arizona, where the company made a diamond drilling discovery in 2024. The project is 100%-owned by MAX Power's U.S. subsidiary.
The company emphasizes responsible exploration and development practices, prioritizing environmental stewardship, meaningful community engagement, and strong corporate governance. As MAX Power moves toward commercial evaluation, the appointment of a seasoned CFO like Van Burgsteden is expected to strengthen the company's financial oversight and strategic planning.
For more information, the full press release is available at https://ibn.fm/9jvsq. Updates related to MAXXF can be found in the company's newsroom at https://ibn.fm/MAXXF.