Leading News Release
June 17,2019 – Max Resource Announces Financing of up to $2,500,000
Vancouver B.C., June 17, 2019 – MAX RESOURCE CORP. (“Max” or the “Company”) (TSX.V: MXR; OTC:
MXROF; Frankfurt: M1D1) announces that it has agreed to a non-brokered private placement of up to
25,000,000 units (the “Units”) at a price of $0.10 per Unit (the “Placement”) for gross proceeds of $2,500,000.
Each Unit will consist of one common share and one-half of one transferable share purchase warrant. Each
whole warrant (a “Warrant”) will be exercisable by the holder to acquire one additional common share of the
Company for a period of two years from issuance at an exercise price of $0.15 per share.
The Company intends to use the net proceeds of the Offering to advance the Company’s North Choco Gold-
Copper and Choco Gold-Platinum projects and for general working capital purposes.
Closing of this Placement is subject to acceptance for filing by the TSX Venture Exchange. All securities issued
will be subject to hold period of four months and one day from the date of issuance. Finders’ fees may be
payable in accordance to TSX Venture Exchange policies. Read more…
June 17, 2019 – RNC Minerals Added to MVIS® Global Junior Gold Miners Index
TORONTO, June 17, 2019 /CNW/ – RNC Minerals (TSX: RNX) (“Royal Nickel Corp.” or “RNC“) is pleased to announce that MVIS® has added RNC Minerals to its MVIS® Global Junior Gold Miners Index.
Mark Selby, President and CEO of RNC, commented “Inclusion in the MVIS® Global Junior Gold Miners Index is another major milestone for RNC. Our inclusion in the index should bring further liquidity and increased market visibility for RNC and reflects the company’s growth as a gold producer and developer. With the recent closing of our acquisition of the Higginsville mine and mill from Westgold, the further confirmation of our model for high grade coarse gold at Beta Hunt, and our coming resource update for Beta Hunt at the end of the second quarter, today’s announcement is another exciting development for RNC shareholders.”
About MVIS® Global Junior Gold Miners Index1
The modified market cap-weighted index tracks the performance of the most liquid junior companies in the global gold and silver mining industry. The pure-play index contains only companies that invest primarily in gold or silver, or generate at least 50% of their revenues from gold or silver mining or own properties that have the potential to generate at least 50% of their revenues from gold or silver mining when developed. The MVIS Global Junior Gold Miners Index (MVGDXJ) has been licensed to underlie financial products with currently USD $4.9 billion in assets under management. Read more…