Mr. Mansoor Jan reports

MAX POWER ADVANCES CANADA'S LEADING NATURAL HYDROGEN CORRIDOR WITH LUCKY LAKE TARGET

Max Power Mining Corp. has discovered an important, new, large natural hydrogen target area known as Lucky Lake in the northwestern corner of the 200-kilometre-long Genesis trend in Southern Saskatchewan.

Favourably situated near major infrastructure, Lucky Lake has similar attributes to Lawson (50 kilometres to the southeast), including geophysical footprint, where Max Power will soon launch Canada's first dedicated deep drilling program for natural hydrogen.

Lucky Lake highlights:

• Lucky Lake is within what is interpreted by Max Power's geoscience team as a mobile zone, a belt of rocks of higher density and low magnetic response, which suggests these rocks may have been serpentinized (a process that releases hydrogen).
• Lucky Lake shares similar features to Lawson (refer to Sept. 30, 2025, news release); preliminary reconnaissance 2-D trade seismic suggests the presence of complex structures created by multiple processes, including periodic basement movement, early and late dissolution of Middle Devonian salts, and relatively young igneous intrusive activity.
• The Max Power geoscience team is immediately proceeding with further detailed analysis of Lucky Lake, including the acquisition of additional trade data, to prioritize potential drill targets.
• Lucky Lake is near a major source of hydroelectric power at the Gardiner dam. In addition, it is adjacent to the potash mining corridor and within a two-hour drive of the city of Saskatoon to the northeast, Saskatchewan's largest city.

Steve Halabura, chief geoscientist of Max Power, commented: "Lucky Lake underscores how a pipeline of high-quality targets is developing at Genesis as we review an abundance of early-stage prospects with a disciplined scientific approach.

"The scalability of Genesis is remarkable -- it is unmatched in Canada for natural hydrogen potential in terms of size, the elements necessary for accumulations, and nearby infrastructure to allow for a relatively quick pathway to commercialization."

Mansoor Jan, chief executive officer of Max Power, added: "Our work at Lucky Lake reinforces the scale and momentum of the Genesis trend. Each new advanced target adds depth to our exploration model and expands the foundation for Canada's first commercial natural hydrogen program, also giving our shareholders additional leverage. With PTRC's scientific collaboration and Saskatchewan's strong support for innovation, Max Power is well positioned to lead this emerging clean energy frontier."

Why this matters to investors

Lucky Lake further validates the size and scalability of Max Power's Genesis trend, reinforcing the company's position as the clear leader in Canada's emerging natural hydrogen industry. For investors, this represents exposure to a potential new primary energy source -- clean, low cost, and backed by Saskatchewan's infrastructure and institutional support. As Max Power advances its first deep well program at Lawson and expands the Genesis trend portfolio, the company continues to build the scientific and operational framework that could reshape Canada's natural hydrogen landscape.

National Instrument 43-101 quality assurance/quality control and qualified person

The technical information in this news release has been reviewed and approved by Steve Halabura, PGeo, FGC, FEC (honours), a qualified person as defined by NI 43-101. Mr. Halabura is Max Power's chief geoscientist and has extensive experience in Saskatchewan's subsurface systems.

About Max Power Mining Corp.

Max Power is an innovative mineral exploration company focused on North America's shift to decarbonization. The company is a first mover in the rapidly growing natural hydrogen sector, where it has built a dominant district-scale land position with approximately 1.3 million acres (521,000 hectares) of permits covering prime exploration ground prospective for large-volume accumulations of natural hydrogen. High-priority initial drill target areas have been identified for commencement of drilling in Q4 2025. 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 southeastern Arizona.

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