New Equipment Mining

Equipment Delivered to Mining Division

LAS VEGAS, NEVADA- (OTC Markets - Dec 29, 2016) – UMAX Group Corp. (Pink Sheets: UMAX) announced the mining division, Rockstar Mining Corp. (“Rockstar Mining”), took possession of the wash plant in Winnemucca, Nevada in preparation for the season which is capable of processing 50 Tons per hour.  This wash tank would normally would cost $98,000 new, was purchased for $25,000. UMAX fully expects to complete the purchase of the remaining large equipment items on behalf of Rockstar Mining which will include two excavators along with a rock truck and crusher in time to meet our planned start date for mining operations of March 1st, 2017.

In an effort to hit the start date planned, the Rockstar Mining has already recruited the work crews willing to be employed on the mine. The crews will begin safety training during the period of January to obtain their certifications to work on the mining area. Donald Franco president of Rockstar Mining, UMAX’s mining division, quotes “That everything is on track to begin operations as soon as the remaining equipment arrives during the next six weeks”.

The historical data on the mine can be found under mining section of UMAX’s official web site at www.UmaxCorp.com. Based upon historical research of previous small-scale mining operations on the property, the mine produced an average of five ounces per day using operating recovery equipment and technology that was both dated and less efficient. Additionally, these previous mining operations and results were the result of eight hours of processing daily, as compared to the twenty hours a day Rockstar Mining plans to operate the mine.

The CEO of UMAX, Ian Dixon, believes that the Rockstar Mining will become operational as planned when additional equipment has been purchased. Mr. Dixon stated that “the figures and the test results done on the property look very promising, and that UMAX having a 20% stake in Rockstar Mining will result in significant revenues that we plan to invest our other divisions. This will be a very exciting year for us as a company, but also our shareholders.”

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About UMAX Group Corp.

UMAX GROUP CORP. (the “UMAX” or the “Company”) is a development-stage company formed to develop and acquire operating companies through partnership agreements. Our primary focus is in the development and expansion of an existing model of partnership with private entities in accessing the capital markets via a public entity. At the current time, the Company is part owner of Rockstar Mining Corp. which will be operating a 1,000 acre mining prospect in Winnemucca, Nevada. Additionally, the Company has recently executed joint venture agreements with several companies including Harmony Homes, LLC (Construction Services), Clever-Tech Consulting, LTD (Nano-Technology) and Sol-Up USA (Solar Technology).

Forward Looking Statement

Certain statements that we make may constitute “forward-looking statements” under the Private Securities Litigation Reform Act of 1995. Forward-looking statements include information concerning future strategic objectives, business prospects, anticipated savings, financial results (including expenses, earnings, liquidity, cash flow and capital expenditures), industry or market conditions, demand for and pricing of our products, acquisitions and divestitures, anticipated results of litigation and regulatory developments or general economic conditions.  In addition, words such as “believes,” “expects,” “anticipates,” “intends,” “plans,” “estimates,” “projects,” “forecasts,” and future or conditional verbs such as “will,” “may,” “could,” “should,” and “would,” as well as any other statement that necessarily depends on future events, are intended to identify forward-looking statements. Forward-looking statements are not guarantees, and they involve risks, uncertainties and assumptions.  Although we make such statements based on assumptions that we believe to be reasonable, there can be no assurance that actual results will not differ materially from those expressed in the forward-looking statements.  We caution investors not to rely unduly on any forward-looking statements and urge you to carefully consider the risks described in our filings with the Securities and Exchange Commission from time to time, including our most recent Annual Report and subsequent Flings, which are available on Otcmarkets.com. We expressly disclaim any obligation to update any forward-looking statement in the event it later turns out to be inaccurate, whether as a result of new information, future events or otherwise.

info@umaxgroupcorp.com

Source: UMAX Group Corp.

Investor Contact
Ian Dixon, President
(702) 628-0211