MAXX CSE is a well-funded company (over $3 million in cash) with an attractive share structure (41 million O/S) and a management team known for its business-building and wealth-creation expertise. Senior Geologist Peter Lauder recently joined MAX after many successful years with various producers and advanced juniors in Quebec.
Powerful Uptrend Developing On Recent Lithium News – Max Power Mining MAXX CSE – MAXXF OTC
1. 1/6
Powerful Uptrend Developing On Recent Lithium News
– Max Power Mining MAXX CSE – MAXXF OTC
thestreetreports.com/powerful-uptrend-developing-on-recent-lithium-news-max-power-mining-maxx-cse-maxxf-otc
ALL STREET NEWS
POWERFUL UPTREND DEVELOPING
MAX POWER MINING CORP
MAXX CSE – MAXXF OTC
LITHIUM EXT
MAX Power Cleared by U.S. Dept. of Energy for Development of Direct
Lithium Extraction (DLE) Technology With Lawrence Berkeley National
Laboratory
We feel these shares have bottomed and have begun its upward breakout
move . We feel that the years high at $0.85 cents will be tested shortly . With
41 million shares outstanding the float is tight and these shares are closely
held . The recent collaboration with Lawrence Berkeley National Labs may
add fuel to a powerful uptrend that is developing .
All serious investors should place these shares immediately on their
BUY LIST
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MAXX CSE is a well-funded company (over $3 million in cash) with an
attractive share structure (41 million O/S) and a management team known for
its business-building and wealth-creation expertise. Senior Geologist Peter
Lauder recently joined MAX after many successful years with various
producers and advanced juniors in Quebec.
2. 2/6
MAXX CSE is rapidly building a compelling multi-faceted North American-
focused lithium opportunity for investors that will differentiate the company in
this fast-growing sector critical to the clean energy transition. With high quality
assets in both Canada and now the United States, as announced April 28,
2023, MAX is poised to deliver robust year-round news flow while adding
exponentially to its shareholder base with a targeted U.S. investor outreach
program beginning later this quarter (Q2).
WEBSITE VIDEO INTERVIEW
MAX Power Cleared by U.S. Dept. of Energy for Development of Direct
Lithium Extraction (DLE) Technology With Lawrence Berkeley National
Laboratory
VANCOUVER, British Columbia, May 15, 2023 (GLOBE NEWSWIRE) —
MAX Power Mining Corp. ( CSE: MAXX; OTC: MAXXF ) (“ MAX Power ”,
“ MAX ” or the “ Company ”) has entered into a cooperative research and
development agreement (“CRADA”) with the University of California
Lawrence Berkeley National Laboratory (LBNL) to develop state-of-the-art
direct lithium extraction (“DLE”) technologies for brine resources.
Highlights:
Dr. Brett Helms and Dr. Michael Whittaker, two preeminent American
research scientists at LBNL, are leading the technology development;
Dr. Helms is the co-founder of two deep tech Bay Area start-ups while
Dr. Whittaker is the co-founder and Director of the Lithium Resource
Research and Innovation Center at Berkeley Lab;
3. 3/6
MAX Power and LBNL will focus on developing new intellectual property
and incorporating innovative methods and novel materials into the DLE
process;
MAX Power and its executives have been cleared by the U.S.
Department of Energy to proceed with this project.
Mr. Rav Mlait, MAX Power CEO, commented: “Collaborating with two
individuals of the stature of Brett Helms and Michael Whittaker on potential
groundbreaking DLE technologies is tremendously exciting for MAX and
further enhances our overall value proposition.”
Mr. Mlait concluded, “With American and Canadian lithium divisions,
encompassing hard rock, brine and technology, we have carved out a niche
for MAX in this sector that will underpin and drive shareholder value in 2023
and beyond. We look forward to officially unveiling our brand and aggressively
rolling it out to American and Canadian investors in the near future.”
MAX Power-LBNL Agreement
The agreement with Lawrence Berkeley National Laboratory will focus on new
DLE technologies targeting lower grade and challenging lithium brine deposits
located in the United States and Canada. This is largely in response to the
strategic initiative undertaken by the U.S. and Canada in their 2022 Joint
Action Plan on Critical Minerals to advance bilateral interest in securing
supply chains and resources for critical minerals like lithium needed for
strategic manufacturing sectors, including communication technology,
aerospace and defence, and clean technology.
The continuous global trend to massive electric vehicle manufacturing and
instituting alternatives to fossil fuel energy presents an opportunity to use
technology to unleash lower grade lithium deposits in order to secure
additional North American supply while also reducing time and costs for
lithium mineral extraction.
The MAX Power-LBNL research agreement is targeting dynamic new
approaches in DLE covering pre-treatment, concentration, extraction,
purification and post-treatment.
Dr. Brett Helms
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Dr. Helms’ research program at Berkeley Lab is devoted to materials
discovery and development to solve outstanding challenges in energy and
sustainability, including membranes for efficient ion separations relevant to
resource extraction, refining, and circularity. He is co-founder of two deep tech
Bay Area start-ups, Sepion Technologies and Cyklos Materials. At Cyklos, his
award-winning innovations in PDK circularity have been featured in print,
radio, television, on the web. Dr. Helms is a Kavli Fellow (2019) and co-
inventor on more that 30 patents on performance polymers. He is deeply
committed to solving problems in energy and sustainability through the
development of better materials and lower-carbon manufacturing processes.
Dr. Helms received his B.S. from Harvey Mudd College in 2000 and his Ph.D.
in 2006 at the U.C. Berkeley at the Technische Universiteit Eindhoven where
his focus was on supramolecular chemistry.
Dr. Michael Whittaker
Dr. Whittaker is a research scientist in the Energy Geoscience and Materials
Science Divisions at LBNL. He is also co-founder and Director of the Lithium
Resource Research and Innovation Center (LIRRIC) ( https://lirric.lbl.gov/ ) at
LBNL. Berkeley Lab established LIRRIC to power lithium innovation and
guide research and development into lithium extraction technologies so that
science breakthroughs lead to the greatest economic and environmental
benefits. He is Principle Investigator of the Minerals for Energy Storage
(MINES) Project, and Group Leader of the Living Minerals Team
( https://livingmineral.lbl.gov/ ). Dr. Whittaker received his BS/MS degrees
from the University of Utah in Materials Science and Engineering in 2012, and
a Ph.D. from Northwestern University in Materials Science and Engineering in
2017.
Agreement Details
Under the Agreement, MAX Power will be funding research and development
for DLE technology, estimated at $915,111 (U.S.) over two years (both direct
and in-kind contributions). Furthermore, the Company has been granted the
right to negotiate an exclusive license in the field of use for inventions
generated from the CRADA and file related patents. The U.S. Government
will retain a non-exclusive license to practice the invention.
Video
5. 5/6
To view a video interview with MAX CEO regarding today’s news, please click
on the following link:https://youtu.be/sXFhDdVzY7Y
About MAX Power
MAX Power is a dynamic exploration stage resource company targeting
domestic lithium resources to advance North America’s renewable energy
prospects.
Contact: info@maxpowermining.com
MarketSmart Communications at 877-261-4466.
Forward-Looking Statement Cautions
Neither the Canadian Securities Exchange nor its Regulation Services
Provider, (as the term is defined in the
Policies of the Canadian Securities
Exchange) accepts responsibility for the adequacy or accuracy of this
release. This press release includes certain “forward-looking information” and
“forward-looking
statements” (collectively “forward-looking statements”) within
the meaning of applicable Canadian
securities legislation. All statements,
other than statements of historical fact, included herein, without
limitation,
statements relating to the future operating or financial performance of the
Company, are
forward-looking statements. Forward-looking statements are
frequently, but not always, identified by
words such as “expects”, “anticipates”,
“believes”, “intends”, “estimates”, “potential”, “possible”, and
similar
expressions, or statements that events, conditions, or results “will”, “may”,
“could”, or “should”
occur or be achieved. Forward-looking statements in this
press release relate to, among other things:
statements relating to the
CRADA, and any particular outcomes thereof. Actual future results may differ
materially. There can be no assurance that
such statements will prove to be
accurate, and actual results and future events could differ materially
from
those anticipated in such statements. Forward looking statements reflect the
beliefs, opinions and
projections on the date the statements are made and
are based upon a number of assumptions and
estimates that, while
considered reasonable by the respective parties, are inherently subject to
significant
business, technical, economic, and competitive uncertainties and
contingencies. Many factors, both
known and unknown, could cause actual
results, performance or achievements to be materially different
from the
results, performance or achievements that are or may be expressed or
implied by such forward-
looking statements and the parties have made
6. 6/6
assumptions and estimates based on or related to many of
these factors.
Readers should not place undue reliance on the forward-looking
statements
and information contained in this news release concerning these times.
Except as required by
law, the Company does not assume any obligation to
update the forward-looking statements of beliefs,
opinions, projections, or
other factors, should they change, except as required by law.
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