MAX Power Mining Corp. (CSE: MAXX | OTC: MAXXF | FSE: 89N) signed an agreement on June 1, 2026 to study something ambitious: using its natural hydrogen discovery in Saskatchewan to power and cool the data centres behind the AI boom.
The agreement is a memorandum of understanding, which is a formal commitment to explore an idea together, not a finished deal. But it shows where the company is trying to take its discovery, and it connects the story to one of the biggest demand trends in the economy right now.
The problem this is aimed at
AI runs on data centres, and data centres are hungry. They need enormous amounts of electricity and large volumes of water to stay cool. Power grids are already straining to keep up, and the water use is becoming a real community issue.
That is the gap MAX Power and its partners want to fill.
What’s actually being proposed
MAX Power’s Lawson site holds two things that matter here. The first is natural hydrogen, a clean-burning fuel that occurs underground and can be produced rather than manufactured. The second is brine, the salty water that comes up alongside it, which could be used for cooling.
The idea under study is to build power and cooling right at the energy source and run AI computing next to it, instead of straining the existing grid. The partners on the agreement bring the missing pieces:
• TerraVolt Energy, an AI infrastructure and energy company that currently manages a power portfolio of more than 12 GW, enough to power roughly 10 million average homes
• EcoTech Building Solutions, which builds energy-efficient, non-combustible structures for data centres
• Carbon Neutral Growth Fund, focused on clean energy and community-friendly development
MAX Power and TerraVolt have also applied to a Canadian federal program that supports homegrown, or sovereign, AI computing. And the timing lines up with real activity nearby: Bell Canada was recently approved for a large data centre in the Regina-Moose Jaw corridor, right next to MAX Power’s ground.
Why this matters to investors
Up to now, the MAX Power story has been about the discovery itself. This agreement is the company starting to answer the next question every investor asks: who would actually buy the hydrogen, and how does it make money?
Pointing the discovery at AI power demand gives it a potential customer and a reason to exist beyond the drill results. That is a meaningful shift in the story.
The honest part
This is early. The agreement is to evaluate a concept, and the company is clear that there is no guarantee it leads to a signed deal or a built project. The whole thing depends on MAX Power proving its wells can actually deliver hydrogen at commercial rates, which is not yet proven.
The next real test is a confirmation well planned for June 2026. That result, more than any partnership announcement, is what will tell investors whether the bigger vision has a foundation under it.
This article summarizes information disclosed by MAX Power Mining Corp. in its news release dated June 1, 2026, and prior releases. It contains forward-looking statements, including statements about the memorandum of understanding, planned drilling, resource evaluation, and potential commercialization. There is no assurance the MOU will lead to a definitive agreement or any project. Forward-looking statements involve risks and uncertainties, and actual results may differ materially. Investment in early-stage exploration companies is speculative and carries a high degree of risk. Readers should review the company’s filings on SEDAR+ at www.sedarplus.ca.
Disclaimer: This is paid, promotional content published by Micro Math Capital, a company owned by Apollo Shareholder Relations, on behalf of MAX Power Mining Corp. This content is promotional, not independent research. Apollo Shareholder Relations is not a registered investment advisor or broker-dealer. This is not a solicitation or recommendation to buy or sell securities. Investing involves risk. Always do your own due diligence. Full disclaimer: https://apollorelations.com/disclaimer/