Max Resource Corp. is pleased to announce that, further to its news releases on December 12, 2024, January 2, 2025, and January 7, 2025, Max Iron Brazil Ltd. , formerly a wholly-owned subsidiary of the Company, has closed the second tranche of its non-brokered private placement for a new aggregate amount of 25,000,000 ordinary shares in the capital of Max Brazil at a price of AUD $0.10 per Ordinary Share for aggregate [...]
Max Resource Corp. is pleased to announce that Max Iron Brazil Ltd. , a majority owned subsidiary of Max, intends to complete an initial public offering of a minimum of 30,000,000 Ordinary Shares in the capital of Max Brazil at a price of AUD$0.20 per Ordinary Share for minimum aggregate gross proceeds of AUD$6,000,000 up to a maximum of 50,000,000 Ordinary Shares for maximum aggregate proceeds of AUD$10,000,000 [...]
Max Resource Corp. is pleased to announce that, further to its news release on December 12, 2024, Max Iron Brazil Ltd. , subsidiary of the Company, the TSX Venture Exchange has conditionally approved the non-brokered private placement of up to 30,000,000 ordinary shares in the capital of Max Brazil at a price of AUD $0.10 per Ordinary Share for aggregate gross proceeds of up to AUD $3,000,000 . The net proceeds of the [...]
Max Resource Corp. is pleased to provide an update in relation to the Company's news release dated November 4, 2024. The Company has added a wholly-owned Australian entity, Max Iron Brazil Ltd. to hold the "Florália Brazilian Assets" within the existing Canadian and Brazilian holding entities. The Company plans to seek listing on the ASX Limited , prior to a pre-listing financing directly into Max Brazil to fund the [...]
Max Resource Corp. is pleased to announce that as a result of an internal strategic review of its asset portfolio, the Company has determined that the optimal pathway to maximize shareholder value is to spin out its Brazilian Florália Hematite Iron Ore Assets into a new Australian entity, Max Iron Brazil Ltd. and seek listing on the ASX Limited . In connection with the proposed spin out, Max Brazil will complete a [...]
Max Resource Corp. is pleased to announce that, further to its news releases on May 16, June 17, August 6, and August 19 2024, it has closed the transaction to purchase a 100% interest in Mineral Right n° 832.022/2018, which represents the Florália Hematite Iron Ore Project located 70-km east of the city Belo Horizonte, State of Minas Gerais, Brazil . The Transaction closed pursuant to a mineral right purchase agreement [...]
Max Resource Corp. is pleased to announce assay results from 10 continuous channel samples collected at the recently discovered AM-13 target on its Sierra Azul Copper-Silver Project located in Northeastern Colombia . AM-13 Highlights Results from 10 mineralized outcrops from the Cedro Valley include: 1.8% Copper & 7.2 g/t Silver over 48.0m Including 3.4% Copper & 14.0 g/t Silver over 15.0m and 3.5% Copper and 15.7 g/t [...]
Max Resource Corp. is pleased to announce that, further to its news releases of May 16, June 17 and August 6, 2024, it has entered into a definitive mineral right purchase agreement with its wholly-owned Brazilian subsidiary, Max Resource Brazil Ltda. , Jaguar Mining Inc. and Jaguar's wholly-owned Brazilian subsidiary, Mineração Serras Do Oeste Limitada , to acquire a 100% interest in Mineral Right n° 832.022/2018, which [...]
Florália Max Resource Corp. has secured a 30-day extension on the option to purchase of 100% of the Florália DSO Iron Ore Property located 120-km east of the city Belo Horizonte, State of Minas Gerais, Brazil . On June 5, 2024, the Company received conditional approval from the TSX Venture Exchange for the Transaction. Final acceptance of the Transaction is conditional upon satisfying the filing requirements outlined in [...]
Max Resource Corp. is pleased to announce the 2024 exploration program for its Sierra Azul Copper-Silver Project , located in northeastern Colombia. The program, with an approved expenditure of USD $4.2 million, will be funded by Freeport-McMoRan Exploration Corporation , as per an earn-in agreement announced on May 13th, 2024. 2024 Exploration Program and Budget The US$4.2 million exploration program is underway. There [...]
Max Resource Corp. reports further to its news release of May 16, 2024, the Company hereby provides an update on the purchase of 100% of the Florália Hematite Iron Ore Property located 120-km east of the city Belo Horizonte, State of Minas Gerais, Brazil . On June 5, 2024, the Company received conditional approval from the TSX Venture Exchange for the Transaction. Final acceptance of the Transaction is conditional upon [...]
Max Resource Corp. is pleased to report the receipt of TSX Venture Exchange acceptance for its previously announced earn-in transaction with Freeport-McMoRan Exploration Corporation , a wholly owned-affiliate of Freeport-McMoRan Inc. relating to its Cesar Project in Colombia. The earn-in agreement with Freeport is effective as at May 29, 2024 . "Max is pleased to announce exchange acceptance for our earn in transaction [...]
