June 16, 2008
MAX Engages Gateway Securities for Corporate Finance Services
VANCOUVER, June 16 /PRNewswire-FirstCall/ -- MAX Resource Corp. (TSX.V: MXR; OTCBB: MXROF; Frankfurt: M1D) has engaged Gateway Securities Inc. ("Gateway") as corporate finance advisor, on a non-exclusive basis, subject to acceptance for filing by the TSX Venture Exchange.
Gateway has been retained for a twelve month period at $5,000 per month plus reimbursement of approved expenses. MAX has also agreed to issue 250,000 non-transferrable warrants to Gateway, with each warrant exercisable to purchase one common share of the Company at an exercise price of $0.40 for a two year period, subject to monthly vesting over a one year period.
Gateway Securities Inc. is a Vancouver, B.C. based investment dealer that provides a broad range of investment related services to both its individual and corporate clients. Their primary focus is providing investment advisory, trade execution, research, capital raising and corporate advisory services as they relate to the venture markets. Gateway Securities is a member of the Investment Industry Regulatory Organization of Canada, the Canadian Investor Protection Fund, the Investment Industry Association of Canada, a participating organization of the Toronto Stock Exchange, a Member of TSX Venture Exchange and a Government Securities Distributor for the Bank of Canada.
"We are very pleased to be working with Gateway as we begin the 2008 exploration season, while continuing to review potential acquisitions and joint venture opportunities. We are confident that Gateway will provide the additional resources we need to implement our growth strategy while we focus on maximizing shareholder value from our existing assets" stated Stuart Rogers, the President of MAX Resource Corp.
About MAX Resource Corp. ------------------------
MAX Resource Corp. is a Canadian based exploration company with a diversified portfolio of mineral exploration projects in Canada and the Western United States. Our properties include Uranium projects in the south western U.S. and northern Canada, Molybdenum in Alaska and Nevada, and Gold in Nevada and British Columbia. For more information, please visit our web site at http://www.maxresource.com/.
On behalf of the Board of Directors of MAX Resource Corp. "STUART ROGERS" Stuart Rogers President THE CONTENTS OF THIS NEWS RELEASE HAVE NEITHER BEEN APPROVED NOR DISAPPROVED BY THE TSX VENTURE EXCHANGE.
CONTACT: Leonard MacMillan, Corporate Communication, Telephone: (800) 248-1872 or (604) 637-2140, [email protected], http://www.maxresource.com/
MAX Resource Corp.
CONTACT: Leonard MacMillan, Corporate Communication, Telephone: (800)248-1872 or (604) 637-2140, [email protected], http://www.maxresource.com/