Max Resource Corp (MXROF) 0.0600 $MXROF
MAX Closes Private Placement for $316,000
Marketwire - Fri Mar 28, 9:53AM CDT
MAX Resource Corp. (TSX VENTURE: MXR)(OTCBB: MXROF)(FRANKFURT: M1D) has closed its previously announced non-brokered private placement, which has been increased to 6,320,000 units at a price of $0.05 per unit for gross proceeds of $316,000. Each unit will be comprised of one common share and one warrant, with each warrant entitling the holder to purchase an additional common share at an exercise price of $0.12 per share until March 26, 2016. If at any time prior to the expiry date of the warrants, the closing price of the common shares of MAX on the TSX Venture Exchange is equal to or greater than $0.25 for 30 consecutive days, then MAX may elect to provide notice to the warrant holders that the warrants will expire at 4:00 p.m. (PST) on the date that is 30 days from the date of the notice, following which all unexercised warrants will be null and void. The shares and any shares acquired on the exercise of warrants will be subject to a hold period expiring on July 27, 2014.
The Future of the Entire OTT Ecosystem at Monetising OTT Services
PR Newswire - Tue Mar 04, 5:00AM CST
The deal struck in February by Facebook to buy over-the-top (OTT) messaging service provider WhatsApp for $19 billion was widely heralded as another nail in the coffin for telecom operators' traditional messaging revenues. But it is only the beginning of what is to come. Later the same month, at Mobile World Congress, came a further significant blow to operators when WhatsApp, currently used by some 450 million subscribers worldwide, announced that it will be adding voice capabilities to its offering later this year.
MAX Arranges $300,000 Private Placement
Marketwire - Wed Feb 12, 2:59PM CST
MAX Resource Corp. (TSX VENTURE: MXR)(OTCBB: MXROF)(FRANKFURT: M1D) has agreed to a non-brokered private placement of up to 6,000,000 units at a price of $0.05 per unit for gross proceeds of $300,000. Each unit will be comprised of one common share and one half of one warrant, with each full warrant entitling the holder to purchase an additional common share at an exercise price of $0.12 per share for a period of two years from the closing date of the private placement. If at any time prior to the expiry date of the warrants, the closing price of the common shares of MAX on the TSX Venture Exchange is equal to or greater than $0.25 for 30 consecutive days, then MAX may elect to provide notice to the warrant holders that the warrants will expire at 4:00 p.m. (PST) on the date that is 30 days from the date of the notice, following which all unexercised warrants will be null and void.
MAX to Drill Test Ridge of High Grade Copper and Silver Mineralization Sampled at Majuba Hill, Nevada; Outcrop Samples Returned Grades of Up to 7.72% Cu (MHR-25) and 174 g/t Ag (MHR-145)
Marketwire - Wed Feb 05, 7:02AM CST
MAX Resource Corp. (TSX VENTURE: MXR)(OTCBB: MXROF)(FRANKFURT: M1D) has identified and mapped a ridge of high grade copper/silver mineralization at Majuba Hill that will be drill tested as soon as weather permits. This high grade mineralization sampled at surface and in a short adit has been intersected at depth by MAX during drilling in 2012 (hole MM-21) and Minefinders in 1975 (MF-1) and was identified during review of sampling results recorded by a prior operator, Minterra Resources, in 2007 and never reported in their entirety. MAX has now mapped the high grade samples and they highlight a zone 250 meters across that outcrops on Majuba Ridge. The samples highlighted on this map include:
MAX Returns 1.5 g/t Au and 0.87 g/t Au From Bulk Samples at East Manhattan Wash, Nevada; Drill Permits Expected This Fall
Marketwire - Tue Aug 27, 1:30PM CDT
MAX Resource Corp. (TSX VENTURE: MXR)(OTCBB: MXROF)(FRANKFURT: M1D) has received assay results from additional bulk sampling completed at the East Manhattan Wash ("EMW"
gold project in Nevada. This bulk sampling was undertaken to prepare for drilling planned for this fall by following up on sampling conducted in 2009 that recovered 4.9 g/t Au and 1.2 g/t Ag from a 793 pound sample taken at surface within a gold mineralized soil anomaly exposed over a surface area in excess of 1,650 m by 450 m feet in size. Just north of this area, the very small streams all contain free gold that can be recovered by conventional gold panning techniques. Mineralization appears to be free gold in a volcanic lithic welded tuff. During the current program, two 10 kg samples were taken, one from the same area as the 2009 bulk sample and the second from an area approximately 150 meters to the east. The first 10 kg sample returned 1.5 g/t au and the second sample returned 0.87 g/t Au.
MAX Announces Positive Metallurgical Results from Majuba Hill, Nevada, with Leach Recoveries of 84.6% for Copper and 73.4% for Silver
CNW Group - Mon Mar 04, 8:30AM CST
TSX-V: MXR OTC BB: MXROF Frankfurt: M1D
MAX Closes Private Placement for $316,000
Marketwire - Fri Mar 28, 9:53AM CDT
MAX Resource Corp. (TSX VENTURE: MXR)(OTCBB: MXROF)(FRANKFURT: M1D) has closed its previously announced non-brokered private placement, which has been increased to 6,320,000 units at a price of $0.05 per unit for gross proceeds of $316,000. Each unit will be comprised of one common share and one warrant, with each warrant entitling the holder to purchase an additional common share at an exercise price of $0.12 per share until March 26, 2016. If at any time prior to the expiry date of the warrants, the closing price of the common shares of MAX on the TSX Venture Exchange is equal to or greater than $0.25 for 30 consecutive days, then MAX may elect to provide notice to the warrant holders that the warrants will expire at 4:00 p.m. (PST) on the date that is 30 days from the date of the notice, following which all unexercised warrants will be null and void. The shares and any shares acquired on the exercise of warrants will be subject to a hold period expiring on July 27, 2014.
The Future of the Entire OTT Ecosystem at Monetising OTT Services
PR Newswire - Tue Mar 04, 5:00AM CST
The deal struck in February by Facebook to buy over-the-top (OTT) messaging service provider WhatsApp for $19 billion was widely heralded as another nail in the coffin for telecom operators' traditional messaging revenues. But it is only the beginning of what is to come. Later the same month, at Mobile World Congress, came a further significant blow to operators when WhatsApp, currently used by some 450 million subscribers worldwide, announced that it will be adding voice capabilities to its offering later this year.
MAX Arranges $300,000 Private Placement
Marketwire - Wed Feb 12, 2:59PM CST
MAX Resource Corp. (TSX VENTURE: MXR)(OTCBB: MXROF)(FRANKFURT: M1D) has agreed to a non-brokered private placement of up to 6,000,000 units at a price of $0.05 per unit for gross proceeds of $300,000. Each unit will be comprised of one common share and one half of one warrant, with each full warrant entitling the holder to purchase an additional common share at an exercise price of $0.12 per share for a period of two years from the closing date of the private placement. If at any time prior to the expiry date of the warrants, the closing price of the common shares of MAX on the TSX Venture Exchange is equal to or greater than $0.25 for 30 consecutive days, then MAX may elect to provide notice to the warrant holders that the warrants will expire at 4:00 p.m. (PST) on the date that is 30 days from the date of the notice, following which all unexercised warrants will be null and void.
MAX to Drill Test Ridge of High Grade Copper and Silver Mineralization Sampled at Majuba Hill, Nevada; Outcrop Samples Returned Grades of Up to 7.72% Cu (MHR-25) and 174 g/t Ag (MHR-145)
Marketwire - Wed Feb 05, 7:02AM CST
MAX Resource Corp. (TSX VENTURE: MXR)(OTCBB: MXROF)(FRANKFURT: M1D) has identified and mapped a ridge of high grade copper/silver mineralization at Majuba Hill that will be drill tested as soon as weather permits. This high grade mineralization sampled at surface and in a short adit has been intersected at depth by MAX during drilling in 2012 (hole MM-21) and Minefinders in 1975 (MF-1) and was identified during review of sampling results recorded by a prior operator, Minterra Resources, in 2007 and never reported in their entirety. MAX has now mapped the high grade samples and they highlight a zone 250 meters across that outcrops on Majuba Ridge. The samples highlighted on this map include:
MAX Returns 1.5 g/t Au and 0.87 g/t Au From Bulk Samples at East Manhattan Wash, Nevada; Drill Permits Expected This Fall
Marketwire - Tue Aug 27, 1:30PM CDT
MAX Resource Corp. (TSX VENTURE: MXR)(OTCBB: MXROF)(FRANKFURT: M1D) has received assay results from additional bulk sampling completed at the East Manhattan Wash ("EMW"
gold project in Nevada. This bulk sampling was undertaken to prepare for drilling planned for this fall by following up on sampling conducted in 2009 that recovered 4.9 g/t Au and 1.2 g/t Ag from a 793 pound sample taken at surface within a gold mineralized soil anomaly exposed over a surface area in excess of 1,650 m by 450 m feet in size. Just north of this area, the very small streams all contain free gold that can be recovered by conventional gold panning techniques. Mineralization appears to be free gold in a volcanic lithic welded tuff. During the current program, two 10 kg samples were taken, one from the same area as the 2009 bulk sample and the second from an area approximately 150 meters to the east. The first 10 kg sample returned 1.5 g/t au and the second sample returned 0.87 g/t Au. MAX Announces Positive Metallurgical Results from Majuba Hill, Nevada, with Leach Recoveries of 84.6% for Copper and 73.4% for Silver
CNW Group - Mon Mar 04, 8:30AM CST
TSX-V: MXR OTC BB: MXROF Frankfurt: M1D
