Max Resource Announces Shareholder Approval of IPO Offering of Max Iron Brazil Ltd. for Admission to the Official List of the ASX

Vancouver B.C., February 27, 2025 – MAX RESOURCE CORP. (“Max” or the “Company”) (TSX.V: MAX; OTC: MXROF; Frankfurt: M1D2) 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. (“Max Brazil”). There was overwhelming support with 99.55% of shares voted at the meeting in favour of the resolution.

The Florália DSO Project is wholly owned by Max Brazil and is located 67 km east of Belo Horizonte, Minas Gerais, Brazil’s largest iron ore and steel producing State. Max Brazil’s 2024 exploration program has resulted in the technical team significantly increasing the Florália DSO geological target from 8-12mt at 58% Fe to 50-70mt at 55%-61% Fe.