MAX Announces Effective Date for Share Consolidation
24 February 2015 - 6:02AM
MAX Resource Corp. (TSX-V:MXR) (OTC PINK:MXROF) (Frankfurt:M1D)
(the "Company") announces that it is proceeding with a share
consolidation, on the basis of five (5) old shares for one (1) new
share (the "Consolidation"), as was approved by a special
resolution of the shareholders of the Company on October 14, 2014.
As a result of the Consolidation, the 30,825,985 common shares
which are currently issued and outstanding will be reduced to
6,165,197 common shares. Each fractional common share equal to or
greater than 0.5 common shares will be rounded up to the nearest
whole common share and each fractional common share less than 0.5
common shares will be rounded down to the nearest whole common
share.
The effective date for the Consolidation will be February 24,
2015. The Company advises that the post-consolidation common
shares of the Company will trade under the new CUSIP number
57772U208 and the new ISIN number CA57772U2083. The Company's name
and stock symbol will remain unchanged.
Letters of transmittal describing the process by which
shareholders may obtain new share certificates representing their
consolidated common shares will be mailed to registered
shareholders. Shareholders who hold their shares through a
broker or other intermediary and do not have shares registered in
their own name will not be required to complete a letter of
transmittal.
MAX Resource Corp. is a reporting issuer in the provinces of
British Columbia and Alberta.
MAX RESOURCE CORP.
"Stuart Rogers" Stuart Rogers, President and CEO
Neither the TSX Venture Exchange nor its
Regulation Services Provider (as that term is defined in the
policies of the TSX Venture Exchange) accepts responsibility for
the adequacy or accuracy of this release.
CONTACT: Leonard MacMillan, Corporate Communication
info@maxresource.com
Phone: 604-637-2140
Toll Free: 1-866-331-5088
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