Shares Higher as New CEO Marks Shift to Natural Hydrogen for this Junior Miner

By: Tomas Ronolski - AllPennyStocks.com News

Thursday, November 7, 2024

As an innovative mineral exploration company focused on North America’s shift to decarbonization, this company is a first mover in the rapidly growing natural hydrogen sector. And an announcement of a new CEO is sending shares higher in Thursday trade.

MAX Power Mining Corp. (CSE: MAXX) (OTC: MAXXF) announced in a press release today that it has appointed a new CEO, effective immediately. Mr. Mansoor Jan, an 18-year mining industry executive with extensive experience in various roles at BHP Australia, BHP Chile and Rio Tinto, has been appointed as the new CEO of MAX Power as the firm realigns its strategy on what it sees as a rapidly growing Natural Hydrogen opportunity in Saskatchewan.

MAX Power has strategic alliances with Calgary-based Chapman Hydrogen & Petroleum Engineering Ltd. and European-based Larin Engineering HHC. The firm also holds a portfolio of properties in the United States and Canada focused on critical minerals. A recent diamond drilling discovery at the Willcox Playa Lithium Project in southeast Arizona highlights these properties.

Both U.S. and Canadian-listed shares were higher in morning trading.

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