MAX Completes Share Consolidation
25 February 2015 - 6:19AM
MAX Resource Corp. (TSX-V:MXR) (OTC Pink:MXROD) (Frankfurt:M1D)
(the "Company") has completed the share consolidation announced
February 23, 2015 on the basis of five (5) old shares for one (1)
new share (the "Consolidation"). The Consolidation 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 were previously issued and outstanding were reduced to
6,165,197 common shares. Each fractional common share equal to or
greater than 0.5 common shares was rounded up to the nearest whole
common share and each fractional common share less than 0.5 common
shares was rounded down to the nearest whole common share.
The effective date for the Consolidation is 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 can be accessed on
our web site at www.maxresource.com or by calling the Company
directly. 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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