Max Resource Announces TSX Venture Exchange Conditionally Approved Private Placement in Australian Subsidiary

Vancouver, British Columbia — (Newsfile Corp. – January 2, 2025) – MAX RESOURCE CORP. (TSXV: MAX) (OTC Pink: MXROF) (FSE: M1D2) (“Max” or the “Company“) is pleased to announce that, further to its news release on December 12, 2024, Max Iron Brazil Ltd. (“Max Brazil“), subsidiary of the Company, the TSX Venture Exchange (“TSXV”) has conditionally approved the non-brokered private placement of up to 30,000,000 ordinary shares in the capital of Max Brazil (the “Ordinary Shares“) at a price of AUD $0.10 per Ordinary Share for aggregate gross proceeds of up to AUD $3,000,000 (the “Offering“).

The net proceeds of the Offering will be used for the advancement of the Florália DSO Hematite Project located 67-km east of Belo Horizonte, Minas Gerais, Brazil, and for general working capital purposes. There are no finder’s fees paid in connection with the completion of the Offering.