Max Resource Corp - Mining Stock Analysis & Updates

Max Resource Reports High-Grade Iron Ore (Fe) Results from Florália Hematite DSO Project in Minas Gerais, Brazil

Max Resource Reports High-Grade Assays from the Florália Hematite DSO Project in Minas Gerais, Brazil

MAX Resource Corp. has reported high-grade assay results from the Florália Hematite DSO Project in Brazil, with significant iron content found in channel samples. An 800m drilling program is nearing completion, aiming to further define the geological target’s potential.

Max Resource Announces Shareholder Approval of IPO Offering of Max Iron Brazil Ltd. for Admission to the Official List of the ASX

Max Resource Corp. announced shareholder approval for an IPO of its subsidiary, Max Iron Brazil, after a special meeting on February 26, 2025. The Florália DSO Project's geological target was significantly increased, but the potential remains conceptual pending further exploration.

Max Resource Reports 1.6% Copper over 55 Metres at Sierra Azul

MAX Resource Corp. announces expansion of the AM-13 exploration target to 1,500m by 100m and the discovery of a new Manto-style target, AM-15, in Colombia. A fully funded US $4.8 million exploration budget for 2025 has been approved.

Max Resource Extends Expiry Date and Amends Price on Share Purchase Warrants

Max Resource Corp. announced an amendment to 14,825,000 share purchase warrants, extending their expiry from March 28, 2025, to March 28, 2026, and reducing the exercise price to $0.31. The changes require TSX Venture Exchange approval. The company also highlighted its Sierra Azul and Florália DSO projects.

Max Iron Brazil Ltd Has Received In-Principle Advice on Suitability from the ASX to Advance Plans for Admission to the Official List of the ASX

MAX Resource Corp. announces that its subsidiary, Max Brazil, has received advice from ASX to pursue listing on the Australian Securities Exchange. Max Brazil plans a Pre-IPO private placement and an initial public offering to raise up to AUD$10 million, potentially reducing MAX's ownership below 50%.

Max Resource Announces Closing of Second Tranche of Financing in Australian Subsidiary

MAX Resource Corp. announced the closing of a non-brokered private placement for Max Iron Brazil Ltd., raising AUD $2.5 million by issuing 25 million ordinary shares. The funds will support the Florália DSO Hematite Iron Ore Project and general expenses.

Max Resource Announces Initial Public Offering for Australian Subsidiary

MAX Resource Corp. announces that its subsidiary, Max Iron Brazil Ltd., plans to conduct an IPO for 30-50 million shares at AUD$0.20 each, aiming for AUD$6-10 million. Proceeds will support the Florália DSO Hematite Project and working capital, pending ASX approval.

Max Resource Announces TSX Venture Exchange Conditionally Approved Private Placement in Australian Subsidiary

MAX Resource Corp. announces conditional approval for a private placement of up to 30 million shares at AUD $0.10 each, aiming to raise up to AUD $3 million for its Florália DSO Hematite Project in Brazil and general working capital.

Max Resource Provides Update on its Florália Hematite Iron Ore Project, Mina Gerais State, Brazil

MAX RESOURCE CORP. has added a wholly-owned Australian entity, Max Iron Brazil Ltd., to hold the "Florália Brazilian Assets". The company intends to list on the Australian Stock Exchange and conduct pre-listing financing into Max Brazil to fund the transaction and advance drilling. Drone magnetics at Florália have identified a large zone of high-grade mineralization associated with hematite/itabirite type iron formation, far exceeding the size of the historical open cut. The Florália hematite geological target has expanded from 8 to 12 million tons to 50 to 70 million tonnes at 55% to 61% Fe, with an additional itabirite geological target of 130 to 170 million tonnes.

Max Resource Completes Strategic Review - Plans To Spin Out Iron Ore Assets to "Max Iron Brazil Ltd" and Seek Listing on ASX

MAX RESOURCE CORP. has decided to spin out its Brazilian Florália Hematite Iron Ore Assets into a new Australian entity, Max Iron Brazil Ltd. This move is aimed at maximizing shareholder value and will be followed by a reorganization of the current structure and pre-listing financing into Max Iron Brazil. The spin out is expected to be completed in Q1 2025, with the company retaining majority shares in Max Iron Brazil and managing all exploration activity on the Floralia project. The project is strategically located in a rich iron ore mining region in Minas Gerais, Brazil.

Max Resource Corp Presentation Update - 2025-04-25 - Max Resource Corp:...

Max Resource Corp's latest update shows minor adjustments with no significant impact on financials, resources, or operations, indicating stability and no material changes.