Max Resource issues an update on the acquisition the Floralia Hematite Iron Ore Property in Brazil

Vancouver B.C., June 17, 2024 – MAX RESOURCE CORP. (“Max” or the “Company”) (TSX.V: MAX; OTC: MXROF; Frankfurt: M1D2) reports further to its news release of May 16, 2024, hereby provides an update on the purchase of 100% of the Florália Hematite Iron Ore Property (“Florália Property” or “Property”) located 120-km east of the city Belo Horizonte, State of Minas Gerais, Brazil (refer to Figures 1 to 3 and Summary of the Transaction).

On June 5, 2024, the Company received conditional approval from the TSX Venture Exchange (“TSXV”) for the Transaction. Final acceptance of the Transaction is conditional upon satisfying the filing requirements outlined in Policy 5.3 of the TSXV Finance Manual.