MAX Power Mining Corp. (CSE: MAXX; OTC: MAXXF; FRANKFURT: 89N) has announced an agreement to sell its wholly owned subsidiary, MAX Power Resources LLC, which owns the Willcox Playa Lithium Project in Arizona, to Homeland Critical Minerals Corp. The transaction, valued at approximately $1.1 million through 11 million Homeland shares, represents a strategic pivot for MAX Power as it sharpens its focus on Natural Hydrogen exploration.
The divestiture allows MAX Power to concentrate its capital, technical expertise, and operational execution on the Lawson Natural Hydrogen Complex and the broader Genesis Trend in Saskatchewan. The company emphasizes that this move aligns with its long-term vision of advancing decarbonization through Natural Hydrogen, while still retaining significant exposure to the lithium project through an equity stake representing just under 50% of Homeland’s currently outstanding shares.
MAX Power’s Lawson Discovery near Central Butte, Saskatchewan, has been hailed as 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, covering approximately 1.3 million acres (521,000 hectares) of permits that are prospective for large-volume accumulations of Natural Hydrogen.
“This transaction is a strategic step to sharpen our focus on what we believe is our most promising asset: Natural Hydrogen,” said a company spokesperson. “By divesting the Arizona lithium project, we can allocate resources more efficiently to advance the Lawson Complex and the Genesis Trend, while still benefiting from potential upside in critical minerals through our stake in Homeland.”
The Willcox Playa Lithium Project, located in southeast Arizona, was 100% owned by MAX Power’s U.S. subsidiary and featured a 2024 diamond drilling discovery. Homeland Critical Minerals Corp. will now take over the project, with MAX Power retaining a significant equity interest. The transaction is expected to close on or about June 17, 2026, subject to customary conditions and regulatory approvals, including any required approval from the Canadian Securities Exchange.
MAX Power’s portfolio also includes other properties in the United States and Canada focused on critical minerals. However, the company’s primary emphasis is now on Natural Hydrogen, which it views as a key component of the global shift to decarbonization. The company is committed to responsible exploration and development practices that prioritize environmental stewardship, meaningful community engagement, and strong corporate governance.
For more details on the transaction, the full press release is available at https://ibn.fm/Y9XXS. Additional information about MAX Power and its Natural Hydrogen initiatives can be found on its website.
This strategic divestiture underscores MAX Power’s commitment to becoming a leader in Natural Hydrogen exploration, a sector that holds promise for clean energy production. By streamlining its asset base, the company aims to accelerate development of the Lawson Complex and position itself at the forefront of Canada’s emerging Natural Hydrogen industry.
