MAX Power Exits Arizona Lithium Asset for $1.1M in Homeland Shares — MAX Power Mining Corp.

Event summary

MAX Power sold its Arizona lithium asset to Homeland for 11 million shares worth ~$1.1M CAD.
The deal closed on July 31, 2026, with CSE approval under a June 5 agreement.
MAX Power retains near-50% ownership in Homeland post-transaction.
Homeland plans to list on the TSX Venture Exchange.
Willcox Project lithium discovery confirmed by MAX Power in early 2024.

The big picture

This transaction marks MAX Power's strategic pivot toward natural hydrogen while maintaining exposure to critical minerals through Homeland. The deal comes as U.S. policy increasingly prioritizes domestic lithium supply chains, positioning Homeland to capitalize on favorable market dynamics. With $1.1M in shares exchanged, the transaction represents a modest but potentially high-leverage bet on both companies' future growth trajectories.

What we're watching

Strategic Focus: Whether MAX Power can maintain momentum in natural hydrogen while monitoring Homeland's lithium progress.
Market Timing: The pace at which Homeland advances the Willcox Project under improved lithium market conditions.
Shareholder Value: How MAX Power will deploy its 11M Homeland shares, including potential distribution to shareholders.