Former Cameco Chairman Neil McMillan Joins MAX Power Board of Directors
February 12 2025 - 7:00AM
MAX Power Mining Corp. (
CSE: MAXX; OTC: MAXXF;
FRANKFURT: 89N) (“
MAX Power” or
the “
Company”) is pleased to announce that Mr.
Neil McMillan, former Chairman of the world’s largest publicly
traded uranium company, has joined the MAX Power Board of
Directors, effective immediately.
Mr. Mansoor Jan, MAX Power CEO, commented:
“Having Neil on our Board of Directors speaks to the
transformational moment MAX Power has arrived at as we target the
discovery of the first commercial concentration of Natural Hydrogen
in North America in the pro-business, pro-energy province of
Saskatchewan. Neil has enjoyed a dynamic career spanning several
decades in the investment industry, mining and government,
including 16 years on the board of Cameco and six years as Chairman
of the Board for Cameco. I’m delighted to have Neil join the MAX
Power Board of Directors and I’m confident that in this expanded
role with the Company he’ll help deliver very positive impacts for
shareholders.”
Neil McMillan Highlights
- Chairman of the Board of Cameco from 2013 to 2018 after first
joining the board in 2002
- Former Board member of Atomic Energy of Canada Ltd., a federal
Crown agency
- President and CEO of Claude Resources from 1995-2014 where he
led Saskatchewan’s first gold mining company and made it
profitable, contributing to its ultimate buyout by Silver Standard
Resources in 2016 for $337 million
- Long-time Director of Star Diamond Corp. until 2020
- 16 years in the financial sector, managing RBC Dominion
Securities in Saskatoon
- Former President of the Saskatoon Chamber of Commerce
- Saskatchewan MLA from 1975 to 1978
Mr. McMillan commented: “MAX Power has a unique
opportunity to do something extraordinary in the resource sector in
terms of both exploration and development of a critical new
element, Natural Hydrogen. Saskatchewan is already a world leader
in uranium and potash, so there’s no reason it can’t become a world
leader in Natural Hydrogen as our experts have confirmed the
geological recipe exists. No Canadian province is more advanced in
its policy framework for Natural Hydrogen than Saskatchewan. The
team we have assembled to make things happen is best-in-class, and
the property potential is enormous, so get ready for an exciting
new stage in MAX Power’s development and Saskatchewan’s resource
leadership.”
Mr. McMillan joins MAX Power’s board as an
independent director, increasing the overall number of directors to
five, and has also been appointed as Chair of the Company’s Audit
Committee.
New MAX Power Corporate
Video
Learn more about MAX Power by clicking on the
following link:
https://vimeo.com/1050826855/79a9b5c0cc
About MAX
Power
MAX Power is an innovative mineral exploration
company focused on North America’s shift to decarbonization. MAX
Power is a first mover in the rapidly growing Natural Hydrogen
sector, through strategic alliances with Calgary-based Chapman
Hydrogen & Petroleum Engineering Ltd., and European-based Larin
Engineering HHC. MAX Power also holds a portfolio of properties in
the United States and Canada focused on critical minerals. These
properties are highlighted by a recent diamond drilling discovery
at the Willcox Playa Lithium Project in southeast Arizona.
On behalf of the Board of Directors,
Mansoor Jan - CEOMAX Power
Mining Corp.info@maxpowermining.comTel:
778-655-9266
Forward-Looking Statement
Cautions
This press release contains certain
“forward-looking statements” within the meaning of Canadian
securities legislation, relating to natural hydrogen, exploration
and acquisition of natural hydrogen properties; ability to locate,
discover and/or extract natural hydrogen from the subsurface,
commentary as it relates to the opportune timing to carry out
natural hydrogen exploration, and any anticipated increasing demand
for natural hydrogen; any results and updates thereto as it relates
to any future drill program, and the funding of that program; and
upcoming press releases by the Company. Although the Company
believes that such statements are reasonable, it can give no
assurance that such expectations will prove to be correct.
Forward-looking statements are statements that are not historical
facts. They are generally, but not always, identified by the words
“expects”, “plans”, “anticipates”, “believes”, “interpreted”,
“intends”, “estimates”, “projects”, “aims”, “suggests”, “often”,
“target”, “future”, “likely”, “pending”, “potential”, “goal”,
“objective”, “prospective”, “possibly”, “preliminary”, and similar
expressions, or that events or conditions “will”, “would”, “may”,
“can”, “could” or “should” occur, or are those statements, which,
by their nature, refer to future events. The Company cautions that
forward-looking statements are based on the beliefs, estimates and
opinions of the Company's management on the date the statements are
made, and they involve number of risks and uncertainties.
Consequently, there can be no assurances that such statements will
prove to be accurate and actual results and future events could
differ materially from those anticipated in such statements. Except
to the extent required by applicable securities laws and the
policies of the CSE, the Company undertakes no obligation to update
these forward-looking statements if management's beliefs, estimates
or opinions, or other factors, should change. Factors that could
cause future results to differ materially from those anticipated in
these forward-looking statements include risks associated with
possible accidents and other risks associated with mineral
exploration operations, the risk that the Company will encounter
unanticipated geological factors, risks associated with the
interpretation of assay results and the drilling program, the
possibility that the Company may not be able to secure permitting
and other governmental clearances necessary to carry out its
exploration plans, the risk that the Company will not be able to
raise sufficient funds to carry out its business plans, and the
risk of political uncertainties and regulatory or legal changes
that might interfere with the Company's business and prospects. The
reader is urged to refer to the Company's Management’s Discussion
and Analysis, publicly available through the Canadian Securities
Administrators' System for Electronic Document Analysis and
Retrieval (SEDAR+) at www.sedarplus.ca for a more complete
discussion of such risk factors and their potential effects.
Neither the Canadian Securities Exchange
nor its Regulation Services Provider accepts responsibility for the
adequacy or accuracy of this release.
Max Power Mining (TG:89N)
Historical Stock Chart
From Jan 2025 to Feb 2025
Max Power Mining (TG:89N)
Historical Stock Chart
From Feb 2024 to Feb 2025