Business
Max Resource Increases Work Capital by $1.36 Million Through Exercised Warrants
Vancouver, British Columbia--(Newsfile Corp. - August 23, 2021) - MAX RESOURCE CORP. (TSXV:...
About this update from Max Resource Corp
[{"type":"text","content":"Max Resource Increases Work Capital by $1.36 Million Through Exercised WarrantsVancouver, British Columbia--(Newsfile Corp. - August 23, 2021) - MAX RESOURCE CORP. (TSXV: MXR) (OTC Pink: MXROF) (FSE: M1D2) (\"Max\" or the \"Company\") is pleased to report the Company has received proceeds of $1,359,522 as a result of the exercise of 9,711,089 common share purchase warrants.The warrants were issued in connection with a private placement closed August 19, 2020 and were set to expire August 19, 2021. The Company intends to use the proceeds of the warrant exercise for mineral exploration and general working capital purposes.\"We would like to thank our long-term shareholders, for supporting the Company through the process of exercising these warrants. The exercise of these warrants provides additional funds for Max's well-financed exploration programs in both Colombia and Peru,\" commented Max CEO, Brett Matich.ABOUT MAX RESOURCE CORP.Max Resource Corp. is a copper and precious metals exploration company, engaged in advancing both newly discovered global scale CESAR copper-silver project (100% owned) in Colombia and the newly acquired RT Gold project (100% earn-in) in Peru. Both projects have potential for the discovery of large-scale mineral deposits; both stratabound-type copper-silver in Colombia and high-grade gold porphyry and massive sulfide in Peru. Max Resource was awarded a Top 10 Ranked Company in the Mining Sector on the TSX Venture 50™ for 2021, achieving a market cap increase of 1,992% and a share price increase of 282% in 2020.For more information visit: https://www.maxresource.com/For more information visit: www.tsx.com/venture50TSX Venture 50™ for 2021 video: MAX Resource Corp. (TSXV: MXR) - 2021 TSX Venture 50 - YouTubeFor additional information contact:Max Resource Corp.Tim McNulty E: [email protected] T: (604) 290-8100 *The Venture 50 ranking is provided by TSX Venture Exchange Inc. (\"TSXV\") for information purposes only. Neither TMX Group Limited nor any of its affiliated companies guarantees the completeness of this information and are not responsible for any errors or omissions in or any use of, or reliance on, this information. The Venture 50 program is not an invitation to purchase securities listed on TSX Venture Exchange. TSXV and its affiliates do not endorse or recommend any of the refe...