Max Resource Provides Update on its Florália Hematite Iron Ore Project, Mina Gerais State, Brazil

Vancouver B.C., November 15, 2024 – MAX RESOURCE CORP. (“Max” or the “Company”) (TSX.V: MAX; OTC: MXROF; Frankfurt: M1D2) 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. (“Max Brazil”) to hold the “Florália Brazilian Assets” through the existing Canadian and Brazilian holding entities. The Company plans to seek listing on the ASX Limited (“ASX” or “Australian Stock Exchange”), prior to a pre-listing financing directly into Max Brazil to fund the proposed transaction and to advance drilling.