A rapidly emerging lithium company targeting hard rock deposits, American brines, and disruptive technology.
Mr. Mlait has extensive experience in management of TSX, TSX Venture and Canadian Securities Exchange (CSE) companies as well as raising capital for public and private companies in the technology and mineral exploration sectors. He holds an MBA from Royal Roads University in British Columbia with his BA (Economics) from Simon Fraser University. Mr. Mlait has been CEO of Cannabix Technologies since 2014 and has also led several exploration companies targeting Cu-Ni-PGE, gold and uranium.
Mr. Lauder is a senior level mine and exploration geologist whose extensive experience includes working for top tier mining and exploration companies across Canada and West Africa. Notably, he was actively involved in a supervisory position in Goldcorp’s exploration team that brought the Eleonore Project in Quebec through a positive feasibility study, construction and eventually full production. Quebec is a key jurisdiction for MAX Power as it advances a North American focused lithium strategy.
Mr. Loree has held senior accounting roles for public and private companies across multiple industries including renewable energy, exploration, and construction. During his career he has also performed capital raising activities for both private and public companies, primarily in the exploration and renewable energy sectors. Prior to entering the accounting field, Mr. Loree spent three years as an investor relations manager for several public companies and two years in the banking industry. Mr. Loree holds a Certified Management Accountant designation, a Financial Management Diploma from the British Columbia Institute of Technology, and a BA from Simon Fraser University.
Mr. Clarke is an entrepreneur and professionally registered geologist who obtained a Master of Science degree from the University of the Witwatersrand while studying as an international student in Johannesburg, South Africa. Mr. Clarke has worked on gold, platinum group metals, copper and energy projects. While a director of Bonterra Resources (TSX: BTR) he coordinated all exploration which led to the definition of the first NI-43-101 gold resource on the Gladiator deposit by Snowden. He has 17 years of experience as a successful geologist and has been a director of public companies continually since May 2010. Mr. Clarke is currently VP-Exploration and director for Hawkmoon Resources.
Mark Scott is the founding President & CEO and a director of CSE-listed Sassy Resources, and is also the President, CEO and a director Sassy subsidiary Gander Gold Corporation. Mark is a former Vice-President of Vale Canada Ltd. and Head of Vale’s Manitoba Nickel Operations, one of Canada’s largest fully integrated mining and metallurgical sites, where he managed an annual budget in excess of $500 million (U.S) and a workforce of about 1,875 He has over two decades of experience in all phases of surface and underground mining, metallurgical processing, exploration and service functions within multiple mining majors. Mark holds a Bachelor of Arts (BA) degree from Dalhousie University, a Master of Industrial Relations (MIR) degree from University of Toronto, and a Master’s Certificate in Project Management from Schulich School of Business (York University).
A lawyer at Fasken Martineau DuMoulin LLP’s Securities and Mining practice groups, Mr. deJong is well versed in the public markets and also serves as a director and corporate secretary for multiple private, public and not-for-profit companies. Mr. deJong advises in matters relating to financings, mergers/acquisitions, corporate governance, continuous disclosure, stock exchange listings and other matters.
MAX Power Mining sees an incredible opportunity to take part in the growing demand for electric vehicles, mobile devices, and grid storage that is creating a long-term supply shortage and increasing lithium prices.
With the Biden Administration providing $3.16B USD in funding for lithium projects domestically, and investing $5B USD towards the EV charging network, the US is all in on the electrification of America. [1]
It is estimated that with the immense increase in battery metals demand, the world will need almost 400 new mines by 2035.[2]
[1] Benchmark Mineral Intelligence
[2] www.energy.gov/articles/biden-administration-announces-316-billion-bipartisan-infrastructure-law-boost-domestic
Global lithium mining market is expected to grow from $3.33B in 2020 to $6.37B in 2030. 98% of the worlds lithium production occurs in Australia, Latin America and China.[1]
Lithium demand is set to rise from 500,000 tonnes of lithium carbonate equivalent (LCE) in 2021 to an estimated 3,000,000 – 4,000,000 tonnes by 2030, representing an over 300% increase within the decade.[2]
Lithium has risen from $6,000 per tonne to over $78,032 a tonne in 2022, representing a 13 times increase in less than two years.[3]
Worldwide EV sales are forecasted to increase from 6.5M units to 51M by 2030. Almost 400 new mines are needed to meet this demand by 2035. With over 80% of lithium ion battery production being in China and currently only one operating lithium mine in the United States, the US Department of Energy is making a $3.16B investment in lithium ion battery production domestically to secure the supply of the future.
Source:
[1] Benchmark Mineral Intelligence
[2] Benchmark Mineral Intelligence
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Investor Relations
Adrian Sydenham
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