Max Resource Corp. is pleased to report an update on the Florália Hematite DSO Project located 67 km east of Belo Horizonte, Minas Gerais, Brazil's largest iron ore and steel producing state. Max has received high-grade assay results. To date, a total of 174 channel samples were taken across banded iron formation , with 131 returning values from 50 to 61% Fe with highlight value of 64.7% Fe . Phosphorus values were low [...]
Max Resource Corp. is pleased to announce that, further to its news releases on December 12, 2024, January 2, 2025, January 7, 2025, January 9, 2025, January 20, 2025 and January 31, 2025, at the special meeting held on February 26, 2025, shareholders of the Company approved an ordinary resolution approving the undertaking of an initial public offering by the Company's majority owned subsidiary, Max Iron Brazil Ltd [...]
Significantly Expands Footprint at AM-13 Discovers new Manto-Style Target: AM-15 Approval of US $4.8M Fully Funded 2025 Budget Max Resource Corp. is pleased to announce assay results from composite channel samples and expansion of the exploration target footprint at AM-13 to 1,500 by 100 metres. In addition, Max reports the discovery of a new Manto-style target, AM-15 and the approval of a fully funded 2025 exploration [...]
Max Resource Corp. announces the amendment of certain common share purchase warrants originally issued by way of private placement . The Amendment consists of an aggregate 14,825,000 warrants issued on March 28, 2022, having an exercise price of $0.36, whereby the expiry date of the warrants will be extended one additional year from March 28, 2025 to March 28, 2026 and the exercise price will be amended to $0.31. The [...]
Max Resource Corp. is pleased to announce that, further to its news releases on December 12, 2024, January 2, 2025, January 7, 2025, January 9, 2025, and January 20, 2025, Max Iron Brazil Ltd. , formerly a wholly-owned subsidiary of the Company, has received in-principle advice on suitability from ASX Limited to advance plans for admission to the official list of the Australian Securities Exchange. Max Brazil plans to [...]
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 [...]