MAX Power Appoints Experienced CFO to Lead Commercial Development of Saskatchewan Natural Hydrogen Project

MAX Power Mining Corp. announced the appointment of Tony Van Burgsteden as Chief Financial Officer, effective immediately. Van Burgsteden, a CPA and CFA, previously served as CFO of Orano Canada, a major uranium mining company based in Saskatoon, and as VP of Finance at Federated Co-operatives Ltd., a Western Canadian cooperative wholesaler.

Van Burgsteden replaces Ryan Cheung, who held the CFO position since June 2025. CEO Ran Narayanasamy stated that Van Burgsteden's experience in Saskatchewan's resource and industrial sectors aligns with MAX Power's objective to develop the Lawson system, described as a potential significant domestic energy platform.

The appointment occurs as MAX Power advances from system confirmation toward commercial evaluation of what the company describes as Canada's first subsurface natural hydrogen system. Recent 3D seismic results have defined large potential scale at the Lawson site, and third-party evaluation is underway through GLJ Ltd. The company plans to launch a major follow-up drill program at Lawson.

Van Burgsteden also serves on the boards of Saskatchewan Blue Cross and the Canadian Light Source, Canada's only synchrotron, and is a past chair of the Greater Saskatoon Chamber of Commerce.

Separately, MAX Power extended its marketing consulting agreement with Tafin GmbH for eight weeks beginning May 1, 2026, for a fee of EUR 150,000.

Originally reported by Hydrogen Central. Read the full article →