November 8th 2017
Maxtech Announces Positive Mn Research After Site Visit in Goias, Brazil
Vancouver, British Columbia – November 8th 2017 – Maxtech Ventures Inc. (CSE: MVT) (Frankfurt: M1N) (OTC: MTEHF), (“Maxtech” or the “Company”) is pleased to announce that after a site visit, it is moving forward with further research on a potential asset located in the state of Goias, Brazil due to positive indications of potential manganese deposits.
Maxtech in conjunction with Maringá Ferro-Liga, is planning to return to the Raimunda, Cavalcante claim in northern Goias for further due diligence. The Company signed a letter of interest on the existing mining operation as previously released on September 12th 2017. Initial results of the visit were positive and warrant further research activities. The exploration team from Maringá indicated that there was manganese mineralization visible in sieved stockpiles and they recommended further fieldwork to ascertain the potential resource of the site.
Peter Wilson, CEO of Maxtech said “Although the rainy season has begun in Brazil, it is a good time to expand research on new manganese claims and potential acquisitions. We are committed to make Brazil our base in South America while teaming up with Maringá. We are fortunate to have such an engaged and experienced strategic partner who we hope to be our key off-take partner both in Brazil and throughout the South American region.”
Additionally, Maxtech Ventures Inc. announces that it is undertaking a non-brokered private placement of up to $2,000,000 by the issuance of units priced at $.30 per unit, each unit being comprised of one common share in the capital of the Company and one share purchase warrant (a “Warrant”). Each Warrant will entitle the holder to purchase one additional common share for a period of one year at an exercise price of $.40 per share. The Warrants will be subject to an accelerated expiration period in the event the Company’s shares trade on a recognized exchange at more than $.60 for a 14 day period, which will include days where no shares trade, after a period that is four months and a day from the issuance of the Warrants.
The Company has issued 3,000,000 million options at $.30 per share to certain officers, directors and consultants, pursuant to the Company’s stock option plan.
About Grupo Maringá
Founded in 1946, Grupo Maringá now has over 2,000 employees with over USD $200 million in 2016 revenues. The Maringá companies are located in the states of Paraná and São Paulo. They produce sugar cane, sugar, ethanol, energy and manganese alloy. Maringá Ferro-Liga S.A. is a subsidiary of Grupo Maringá and is located in Itapeva, State of São Paulo. It is the second largest manganese ferroalloy producer in South America, producing high quality silico-manganese and high-carbon ferromanganese.
About Maxtech Ventures Inc.
Maxtech Ventures Inc. is a Canadian based diversified industries corporation with gold and manganese mineral properties. Its focus is on mining and the products that are derived therefrom.
For additional information see the Company’s web site at http://www.maxtech-ventures.com
Email to [email protected]
Phone: 604-484-8989
Further information about the Company is available on www.SEDAR.com under the Company’s profile.
Neither the Canadian Securities Exchange nor its Regulation Services Provider (as that term is defined in the policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this release.
Certain statements contained in this release may constitute “forward–looking statements” or “forward-looking information” (collectively “forward-looking information”) as those terms are used in the Private Securities Litigation Reform Act of 1995 and similar Canadian laws. These statements relate to future events or future performance. The use of any of the words “could”, “intend”, “expect”, “believe”, “will”, “projected”, “estimated”, “anticipates” and similar expressions and statements relating to matters that are not historical facts are intended to identify forward-looking information and are based on the Company’s current belief or assumptions as to the outcome and timing of such future events. Actual future results may differ materially. In particular, this release contains forward-looking information relating to the business of the Company, the Property, financing and certain corporate changes. The forward-looking information contained in this release is made as of the date hereof and the Company is not obligated to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, except as required by applicable securities laws. Because of the risks, uncertainties and assumptions contained herein, investors should not place undue reliance on forward-looking information. The foregoing statements expressly qualify any forward-looking information contained herein.
October 31st 2017
Maxtech Partners with Maringá Ferro-Liga S.A on Juina Claims in Mato Grosso
Begins Final Phases of GUIA Submission
Vancouver, British Columbia – October 31st 2017 – Maxtech Ventures Inc. (CSE: MVT) (Frankfurt: M1N) (OTC: MTEHF), (“Maxtech” or the “Company”) is pleased to announce that it is moving forward with due diligence activities on its 100% owned assets in Mato Grosso, Brazil, and is beginning the final phase of exploration in order to acquire a trial mining license (“GUIA”).
Maxtech in conjunction with Maringa, is currently coordinating a site visit to its assets in Mato Grosso within the next two weeks to evaluate in preparation for filing an application to the DNPM (National Department of Mineral Production, Departamento Nacional da Produção Mineral) for a GUIA (Guia de Utilizacao, i.e. trial mining use permit) license on the Juina Claims. Upon approval, the Company will have the ability to process “initial high-grade surface tonnage” and mine to a maximum of 6,000 tons of manganese. (as released on May 4th).
Additionally, Maxtech has completed due diligence on the targeted area in the state of Goias. The Company is evaluating the results and will ascertain if further research is warranted.
Peter Wilson, CEO of Maxtech said “This has been an exciting year for Maxtech. As it comes to a close, we are developing strong partnerships globally with potential offtake partners. Their expertise and continuous support of our exploration activities is pivotal to our success as a relevant manganese mining concern.”
About Grupo Maringá
Founded in 1946, Grupo Maringá now has over 2,000 employees with over USD $200 million in 2016 revenues. The Maringá companies are located in the states of Paraná and São Paulo. They produce sugar cane, sugar, ethanol, energy and manganese alloy. Maringá Ferro-Liga S.A. is a subsidiary of Grupo Maringá and is located in Itapeva, State of São Paulo. It is the second largest manganese ferroalloy producer in South America, producing high quality silico-manganese and high-carbon ferromanganese.
About Maxtech Ventures Inc.
Maxtech Ventures Inc. is a Canadian based diversified industries corporation with gold and manganese mineral properties. Its focus is on mining and the products that are derived therefrom.
For additional information see the Company’s web site at http://www.maxtech-ventures.com
Email to [email protected]
Phone: 604-484-8989
Neither the Canadian Securities Exchange nor its Regulation Services Provider (as that term is defined in the policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this release.
Certain statements contained in this release may constitute “forward–looking statements” or “forward-looking information” (collectively “forward-looking information”) as those terms are used in the Private Securities Litigation Reform Act of 1995 and similar Canadian laws. These statements relate to future events or future performance. The use of any of the words “could”, “intend”, “expect”, “believe”, “will”, “projected”, “estimated”, “anticipates” and similar expressions and statements relating to matters that are not historical facts are intended to identify forward-looking information and are based on the Company’s current belief or assumptions as to the outcome and timing of such future events. Actual future results may differ materially. In particular, this release contains forward-looking information relating to the business of the Company, the Property, financing and certain corporate changes. The forward-looking information contained in this release is made as of the date hereof and the Company is not obligated to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, except as required by applicable securities laws. Because of the risks, uncertainties and assumptions contained herein, investors should not place undue reliance on forward-looking information. The foregoing statements expressly qualify any forward-looking information contained herein.
October 5th 2017
Maxtech Introduces S.K. Sarawagi as New Strategic Partner
Vancouver, British Columbia – October 5th 2017 – Maxtech Ventures Inc. (CSE: MVT) (Frankfurt: M1N) (OTC: MTEHF), (“Maxtech” or the “Company”) is pleased to announce that it has signed a strategic cooperation agreement with S.K. Sarawagi & Co. Pvt. Ltd. located in India.
S.K. Sarawagi & Co. Pvt. Ltd. is one of India’s oldest and largest mining companies and one of the largest exporters of steel input minerals from India to China. The Company and S.K. Sarawagi entered into a strategic cooperation agreement to form the foundation for business development opportunities enabling the joint exploration, evaluation, development and potential acquisition of Manganese mineral deposits. The agreement provides a framework for the opportunity for S.K. Sarawagi to be able to access projects currently controlled by Maxtech or under negotiation that it may normally not be able to because of this strategic cooperation agreement. The term of the agreement is 3 years.
Peter Wilson, CEO of Maxtech said “Maxtech welcomes the Sarawagi family to the Company. This alliance provides a unique opportunity for Maxtech to expand its established high grade manganese claims beyond Brazil with an established Manganese mining conglomerate. The Company has begun research and preliminary due diligence on potential permits and mines for acquisition in Africa. The Company feels this jurisdiction will be an excellent near term benefit for all stakeholders. ”
About S.K. Sarawagi & Co. Pvt. Ltd.
The Company is the flagship of the SARAWAGI Group and started as a fledgling manganese ore mining company in the year 1961 in India. Its ability to innovate, adapt, respond & deliver its products to market needs enabled the company to emerge as the largest producer - exporter of Manganese ores from India. The group has been exporting Manganese ore to East Asian countries such as Japan, South Korea, Taiwan and the People’s Republic of China. In the Exim policy of 1964, the Govt. of India decided to canalise the export of Manganese ore, Chrome Ore & Iron Ore through MMTC [Minerals and Metals Trading Corporation of India] only. This proved to be a blessing in disguise as it involved greater transparency and resulted in the Company’s exports touching 1.5 lakh metric tons of Manganese ore in the year 1966-67 alone, which was the second year of MMTC’s operations.
About Maxtech Ventures Inc.
Maxtech Ventures Inc. is a Canadian based diversified industries corporation with gold and manganese mineral properties. Its focus is on mining and the products that are derived therefrom.
For additional information see the Company’s web site at http://www.maxtech-ventures.com
Email to i[email protected]
Phone: 604-484-8989
Certain statements contained in this release may constitute “forward–looking statements” or “forward-looking information” (collectively “forward-looking information”) as those terms are used in the Private Securities Litigation Reform Act of 1995 and similar Canadian laws. These statements relate to future events or future performance. The use of any of the words “could”, “intend”, “expect”, “believe”, “will”, “projected”, “estimated”, “anticipates” and similar expressions and statements relating to matters that are not historical facts are intended to identify forward-looking information and are based on the Company’s current belief or assumptions as to the outcome and timing of such future events. Actual future results may differ materially. In particular, this release contains forward-looking information relating to the business of the Company, the Property, financing and certain corporate changes. The forward-looking information contained in this release is made as of the date hereof and the Company is not obligated to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, except as required by applicable securities laws. Because of the risks, uncertainties and assumptions contained herein, investors should not place undue reliance on forward-looking information. The foregoing statements expressly qualify any for
September 12th 2017
MAXTECH BRAZIL EXPLORATION AND OPERATIONAL UPDATE
Signs Letter of Interest On Existing Mining Operation
Vancouver, British Columbia – September 12th 2017 – Maxtech Ventures Inc. (CSE: MVT) (Frankfurt: M1N) (OTC: MTEHF), (“Maxtech” or the “Company”) is pleased to announce the Company’s Brazil exploration and operational update on all activities in Brazil.
Maxtech has begun the next phase of operation on its portfolio of claims in the Juina area of Mato Grosso. The Company has four claims totalling near 40,000 ha in this area. These claims contain numerous manganese occurrences found through reconnaissance prospecting to date. Detailed prospecting and geological studies will follow up on these showings in our next phase of exploration in order to acquire a trial mining license (“GUIA”). Analyses of the grab samples taken from surficial cobbles located within these claims returned values of 51.4% to 55.9% Mn. (as released May 4th) The analyses were performed by SGS Geosol Laboratorios LTDA of Belo Horizonte, Brazil.
In conjunction with our partner in Brazil, Maxtech has begun a new due diligence phase on the possible acquisition of additional claims with high-grade potential and a timeframe in which to ramp up a full mining plan in the Mato Grosso area.
Additionally, the Company is planning to expand its Brazilian operation into other states of the country including Rondonia and Goias. To that extent, the Company has signed a letter of interest with a consultant for a site visit to an existing manganese mining operation located in the state of Goias. The Company and its partner will initiate due diligence activities in the coming weeks to evaluate the property for potential acquisition. Maxtech will report on its findings as research progresses.
Peter Wilson, CEO of Maxtech said “We continue to be excited about the Manganese industry and its future potential. The price and demand for high-grade Manganese is again on an upward trend. There are only a handful of junior pure-play Manganese explorers, this is an advantage Maxtech is looking to capitalize on as it expands its exploration claims in Brazil and strategic relationship with Maringá Ferro-Liga.”
About Maxtech Ventures Inc.
Maxtech Ventures Inc. is a Canadian based diversified industries corporation with gold and manganese mineral properties. Its focus is on mining and the products that are derived therefrom.
For additional information see the Company’s web site at http://www.maxtech-ventures.com
Phone: 604-484-8989
Certain statements contained in this release may constitute “forward–looking statements” or “forward-looking information” (collectively “forward-looking information”) as those terms are used in the Private Securities Litigation Reform Act of 1995 and similar Canadian laws. These statements relate to future events or future performance. The use of any of the words “could”, “intend”, “expect”, “believe”, “will”, “projected”, “estimated”, “anticipates” and similar expressions and statements relating to matters that are not historical facts are intended to identify forward-looking information and are based on the Company’s current belief or assumptions as to the outcome and timing of such future events. Actual future results may differ materially. In particular, this release contains forward-looking information relating to the business of the Company, the Property, financing and certain corporate changes. The forward-looking information contained in this release is made as of the date hereof and the Company is not obligated to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, except as required by applicable securities laws. Because of the risks, uncertainties and assumptions contained herein, investors should not place undue reliance on forward-looking information. The foregoing statements expressly qualify any forward-looking information contained herein.
July 13th 2017
Maxtech Continues Exploration Program on Claims in Mato Grosso, Brazil
Vancouver, British Columbia – July 13th 2016 – Maxtech Ventures Inc. (CSE: MVT) (Frankfurt: M1N) (OTC: MTEHF) (“Maxtech” or the “Company”) is pleased to announce that it has begun the next stage of exploration and is applying for a GUIA trial mining licence.
An application is being prepared and will be submitted to the DNPM (National Department of Mineral Production, Departamento Nacional da Produção Mineral) in August for a GUIA (Guia de Utilizacao, ie trial mining use permit) licence allowing the Company to mine and process “initial high-grade surface tonnage” (as released on May 4th). Subject to permitting, mining will commence on the Juina claims to a maximum 6,000 tons of manganese bearing material permitted under each GUIA.
Maxtech has also engaged Mr. John Harper B.Sc., P.Geol, to update the recently published regional independent N.I. 43-101 technical report (as filed on March 30th) on its manganese projects in the State of Mato Grosso, Brazil. The updated report will provide additional anaylsis of samples taken from auger drilling and pitting from the second phase of exploration. John Harper has worked in the region since 2006, initially conducting exploration and bulk sampling of diamond bearing kimberlites. From 2008 he has reviewed, mapped and developed numerous (~100) manganese showings, several of which were or currently are in production.
Mr. Harper is an international mineral exploration geoscientist and consultant with over 40 years industry experience in base and precious metals, manganese, uranium and diamond exploration. He is a member in good standing of the Association of Professional Engineers and Geoscientists of Alberta (APEGA) and Ontario (APGO). His international experience has taken him to projects throughout North America, Brazil and Africa. For the past several years, his expertise has taken him to Brazil where he has managed comprehensive exploration programs for Meridian Mining S.E. (TSX V: MNO) on their manganese claims.
The technical information contained in this news release has been reviewed and approved by Mr. John Harper B.Sc., P.Geol, who is a Qualified Person with respect to Maxtech’s manganese project as defined under National Instrument 43-101.
About Maxtech Ventures Inc.
Maxtech Ventures Inc. is a Canadian based corporation with gold and manganese mineral properties. Its focus is on mining and the products that are derived therefrom.
Phone: 604-484-8989
Further information about the Company is available on www.SEDAR.com under the Company’s profile.
Neither the Canadian Securities Exchange nor its Regulation Services Provider (as that term is defined in the policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this release. Certain statements contained in this release may constitute “forward–looking statements” or “forward-looking information” (collectively “forward-looking information”) as those terms are used in the Private Securities Litigation Reform Act of 1995 and similar Canadian laws. These statements relate to future events or future performance. The use of any of the words “could”, “intend”, “expect”, “believe”, “will”, “projected”, “estimated”, “anticipates” and similar expressions and statements relating to matters that are not historical facts are intended to identify forward-looking information and are based on the Company’s current belief or assumptions as to the outcome and timing of such future events. Actual future results may differ materially. In particular, this release contains forward-looking information relating to the business of the Company, the Property, financing and certain corporate changes. The forward-looking information contained in this release is made as of the date hereof and the Company is not obligated to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, except as required by applicable securities laws. Because of the risks, uncertainties and assumptions contained herein, investors should not place undue reliance on forward-looking information. The foregoing statements expressly qualify any forward-looking information contained herein.
July 6th 2017
Maxtech Signs Strategic Agreement with Maringá Ferro-Liga S.A of Brazil
Vancouver, British Columbia – July 6th 2017 – Maxtech Ventures Inc. (CSE: MVT) (Frankfurt: M1N) (OTC: MTEHF), (“Maxtech” or the “Company”) is pleased to announce that it has signed a strategic cooperation agreement with Maringá Ferro-Liga S.A of Brazil.
Maxtech’s goal is to become a diversified mining company with a high-grade manganese footprint. The primary business programhas been the assembly and acquisition of key mineral projects for future exploration. In Brazil, Maxtech has positioned itself with more than 50,000 hectares of potential high grade Mn mineralization claims, as previously disclosed in its release of May 4th 2017. The Company’s long term strategy is to grow organically by building a vertical mining operation to sell high-grade manganese to global markets focused on renewable energy, steel production and fertilizers with Mn additives to increase plant/crop fertility.
Maxtech has entered into an agreement with Maringá Ferro-Liga to enable the joint evaluation, exploration and potential acquisition of project specific manganese assets in Brazil, and if justified, to engage in the development and mining of specific claims. Maxtech and Maringa will sign project-specific agreements between the parties prior to engaging in any operations on properties.The agreement shall have a term of 3 years and is non-exclusive.
Peter Wilson, CEO Maxtech said, “Maringá is a diversified industry leader in the uses of manganese in Brazil, making it the perfect partner for Maxtech. Under this association Maxtech hopes to develop more than an exploration partner, enabling the Company to explore, mine and distribute manganese in Brazil with an industry leader.”
Luis Pessoa, Commercial Director from Maringá Ferro-Liga said, “Having a reliable and local source of high grade manganese ore is an important competitive advantage to Maringá. The cooperation agreement with Maxtech enables us to profit from their well recognized know-how to research and explore potential areas in Brazil.”
About Grupo Maringá
Founded in 1946, Grupo Maringá now has over 2,000 employees with over USD $200 million in 2016 revenues. The Maringá companies are located in the states of Paraná and São Paulo. They produce sugar cane, sugar, ethanol, energy and manganese alloy. Maringá Ferro-Liga S.A. is a subsidiary of Grupo Maringá and is located in Itapeva, State of São Paulo. It is the second largest manganese ferroalloy producer in South America, producing high quality silico-manganese and high-carbon ferromanganese.
About Maxtech Ventures Inc.
Maxtech Ventures Inc. is a Canadian based corporation with gold and manganese mineral properties. Its focus is on mining and the products that are derived therefrom.
Phone: 604-484-8989
Further information about the Company is available on www.SEDAR.com under the Company’s profile.
Certain statements contained in this release may constitute “forward–looking statements” or “forward-looking information” (collectively “forward-looking information”) as those terms are used in the Private Securities Litigation Reform Act of 1995 and similar Canadian laws. These statements relate to future events or future performance. The use of any of the words “could”, “intend”, “expect”, “believe”, “will”, “projected”, “estimated”, “anticipates” and similar expressions and statements relating to matters that are not historical facts are intended to identify forward-looking information and are based on the Company’s current belief or assumptions as to the outcome and timing of such future events. Actual future results may differ materially. In particular, this release contains forward-looking information relating to the business of the Company, the Property, financing and certain corporate changes. The forward-looking information contained in this release is made as of the date hereof and the Company is not obligated to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, except as required by applicable securities laws. Because of the risks, uncertainties and assumptions contained herein, investors should not place undue reliance on forward-looking information. The foregoing statements expressly qualify any forward-looking information contained herein.
June 2, 2017
Maxtech Ventures Inc. to Attend the IMnI International Manganese Institute Annual Conference
VANCOUVER, BC-(Marketwired - June 02, 2017) - Maxtech Ventures Inc. (CSE: MVT) (CSE: MVT.CN) (CNSX: MVT) (FRANKFURT: M1N) (OTC PINK: MTEHF), (“Maxtech” or the “Company”) is pleased to announce that the Company will attend the global International Manganese Institute (“IMnI”) Annual Conference in Miami, Florida, USA on June 5th to June 7th.
Maxtech will join more than 120 delegates at the IMnl conference in Miami. The Company will be one of very few Canadian representatives. Glencore International AG, Ferroglobe, Maringa Ferro Ligas, United Manganese of Kalahari, are just a few companies being showcased at the conference which will be attended by global manganese leaders traveling from South Africa, Japan, Singapore, Germany, Brazil to highlight just a few of the participating countries. It is a conference not only focused on networking amongst industry peers, but informative break out educational sessions led by the institute directors and professionals in the field to discuss the manganese industry evolution and its increasingly fast pace growth trajectory and affect on many industries and the worldwide green energy revolution.
Peter Wilson, CEO of Maxtech, states, “As Maxtech continues to broaden its direct interests in the manganese industry globally, it is imperative we know who all the players are. The IMnI is a 42 year old association of the industry itself and there is no better way to get involved than to attend their annual event and meet companies that are both upstream and downstream from Maxtech in the manganese supply chain. Maxtech is an exploration company acquiring only the highest grade managense assets with a goal of becoming one of the largest Mn stakeholders in the world.”
About International Manganese Institute
The International Manganese Institute (IMnI) is a not-for-profit industry association that represents manganese ore and alloy producers, manufacturers of metallurgical products or chemical compounds, trading houses, industry service providers, companies involved in Mn business development, universities and research organizations around the world. Founded in 1975, with headquarters in Paris, France, IMnI’s mission is to provide vision and guidance to the Mn industry by promoting economic, social and environmental responsibility and sustainability to all stakeholders.
About Maxtech Ventures Inc.
Maxtech Ventures Inc. is a Canadian based diversified industries corporation with gold and manganese mineral properties. Its focus is on mining and the products that are derived therefrom.
Neither the Canadian Securities Exchange nor its Regulation Services Provider (as that term is defined in the policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this release.
Certain statements contained in this release may constitute “forward-looking statements” or “forward-looking information” (collectively “forward-looking information”) as those terms are used in the Private Securities Litigation Reform Act of 1995 and similar Canadian laws. These statements relate to future events or future performance. The use of any of the words “could”, “intend”, “expect”, “believe”, “will”, “projected”, “estimated”, “anticipates” and similar expressions and statements relating to matters that are not historical facts are intended to identify forward-looking information and are based on the Company’s current belief or assumptions as to the outcome and timing of such future events. Actual future results may differ materially. In particular, this release contains forward-looking information relating to the business of the Company, the Property, financing and certain corporate changes. The forward-looking information contained in this release is made as of the date hereof and the Company is not obligated to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, except as required by applicable securities laws. Because of the risks, uncertainties and assumptions contained herein, investors should not place undue reliance on forward-looking information. The foregoing statements expressly qualify any forward-looking information contained herein.
May 18, 2017
Maxtech Expands Phase 2 Exploration Due to High-Grade Manganese Assay Results
Vancouver, British Columbia – May 18, 2017 – Maxtech Ventures Inc. (CSE: MVT) (Frankfurt: M1N) (OTC: MTEHF), (“Maxtech” or the “Company”) is pleased to report that it is expanding exploration activities on Juina claims in Mato Grosso, Brazil.
Maxtech’s auger drilling program is being rapidly expanded and carried out on the pre-selected zone at the DNPM 866 271/2017, focusing on sub surface occurrences of manganese bearing cobble horizons up to 60 cm in thickness. Details of the high-grade manganese analyses were announced by the Company in a news release on April 28th. , showing assay values of 52.9% Mn, 55.9% and 51.5% Mn. Additional follow-up with drilling and prospecting near positive holes from Phase 1 exploration will continue. Basic topographic surveys of areas with positive results, combined with a series of lateral holes to address continuity and tonnage will be part of this next phase of work on the ground in Juina.
Due to the positive results the Company will be adding to the team in Brazil immediately. Mapping and delineation of the mineralised zones in addition to the ongoing prospecting is key to future exploration activities on the Juina claims and other acquisitions in Brazil.
Peter Wilson, CEO of Maxtech said “In order to capitalize on the recent exploration success on our Juina claims it is imperative we expand the scope of our operations. Our Brazilian team is already finding new areas with exactly the same type of mineralisation we encountered previously. We anticipate phase 2 results in the coming weeks.”
The technical information contained in this news release has been reviewed and approved by Mr. John Harper B.Sc., P.Geol, who is a Qualified Person with respect to Maxtech’s manganese projects as defined under National Instrument 43-101.
About Maxtech Ventures Inc.
Maxtech Ventures Inc. is a Canadian based diversified industries corporation with gold and manganese mineral properties. Its focus is on mining and the products that are derived therefrom.
Neither the Canadian Securities Exchange nor its Regulation Services Provider (as that term is defined in the policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this release.
Certain statements contained in this release may constitute “forward–looking statements” or “forward-looking information” (collectively “forward-looking information”) as those terms are used in the Private Securities Litigation Reform Act of 1995 and similar Canadian laws. These statements relate to future events or future performance. The use of any of the words “could”, “intend”, “expect”, “believe”, “will”, “projected”, “estimated”, “anticipates” and similar expressions and statements relating to matters that are not historical facts are intended to identify forward-looking information and are based on the Company’s current belief or assumptions as to the outcome and timing of such future events. Actual future results may differ materially. In particular, this release contains forward-looking information relating to the business of the Company, the Property, and financing and certain corporate changes. The forward-looking information contained in this release is made as of the date hereof and the Company is not obligated to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, except as required by applicable securities laws. Because of the risks, uncertainties and assumptions contained herein, investors should not place undue reliance on forward-looking information. The foregoing statements expressly qualify any forward-looking information contained herein.
May 16th 2017
Maxtech Forms Strategic Partnership to Expand Manganese Exploration into Morocco
VANCOUVER, BC - May 16, 2017 - Maxtech Ventures Inc. (CSE: MVT) (CSE: MVT.CN) (CNSX: MVT) (FRANKFURT: M1N) (OTC PINK: MTEHF), (“Maxtech” or the “Company”) is pleased to announce that it has entered into a strategic development partnership with Morocco-based Green Energy Resources SARL (“GER”) to evaluate established mineral and mining concessions in Morocco for potential acquisition or joint venture.
GER and Maxtech are actively evaluating several advanced stage manganese assets in Morocco with an emphasis on fully permitted mining concessions with established histories of manganese production. These existing permits have been targeted for either 100% purchase or joint venture. The Company expects to report on its negotiations shortly.
The mining industry of Morocco is important to the North Africa region and the national economy of Morocco. The country is the world’s third largest producer of phosphate, and contains about 75% of the world’s estimated reserves. Mining contributed for approximately 35% of exports and 5% of GDP in 2011. Foreign investors have found the investment climate, infrastructure, fiscal situation, and political stability very favourable to the mining business (http://data.worldbank.org/country/morocco).
Peter Wilson, CEO of Maxtech said “This partnership provides a unique opportunity for Maxtech to expand into Morocco with a goal to eventually supply manganese into the European marketplace. It is an excellent jurisdiction in which to operate and with the help of Green Energy’s in-country presence we will be able to evaluate new manganese claims efficiently.”
About Maxtech Ventures Inc.
Maxtech Ventures Inc. is a Canadian based diversified industries corporation with gold and manganese mineral properties. Its focus is on mining and the products that are derived therefrom.
Neither the Canadian Securities Exchange nor its Regulation Services Provider (as that term is defined in the policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this release.
Certain statements contained in this release may constitute “forward-looking statements” or “forward-looking information” (collectively “forward-looking information”) as those terms are used in the Private Securities Litigation Reform Act of 1995 and similar Canadian laws. These statements relate to future events or future performance. The use of any of the words “could”, “intend”, “expect”, “believe”, “will”, “projected”, “estimated”, “anticipates” and similar expressions and statements relating to matters that are not historical facts are intended to identify forward-looking information and are based on the Company’s current belief or assumptions as to the outcome and timing of such future events. Actual future results may differ materially. In particular, this release contains forward-looking information relating to the business of the Company, the Property, and financing and certain corporate changes. The forward-looking information contained in this release is made as of the date hereof and the Company is not obligated to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, except as required by applicable securities laws. Because of the risks, uncertainties and assumptions contained herein, investors should not place undue reliance on forward-looking information. The foregoing statements expressly qualify any forward-looking information contained herein.
May 11th 2017
Maxtech Details Exploration Program on Juina Claims in Mato Grosso Brazil
Vancouver, British Columbia – May 11th, 2017 – Maxtech Ventures Inc. (CSE: MVT) (Frankfurt: M1N) (OTC: MTEHF), (“Maxtech” or the “Company”) details Phase 1 Manganese Exploration Program on Juina claims in Mato Grosso, Brazil.
The company initiated its Phase 1 Exploration Program in Brazil on March 3rd. After an intensive review of the filed NI 43-101 Brasnorte Summary Research Report prepared by John Harper P.Geol. and announced on March 30th, ground work was scheduled on the 4 Juina claims located north of Juina, MT. The claim package totals 39,667.89 hectares in size. Maxtech’s exploration work performed to date focused on claim 866872/2016, part of the Juina claim group. In this area 3 pits were hand dug and samples sent to SGS Geosol Laboratórios LTDA, Belo Horizonte, Brazil for analysis. The 3 assays were received by Maxtech and analyses details were announced by the Company in a news release on April 28th. The samples returned the following assay values; MLB-01 52.9% Mn, MLB-02 55.9% Mn and MLB-03 51.5% Mn. Further to initial pitting there were 16 auger holes drilled covering an area 50 m by 25 m, centered around pit MLB-03. The mineralized horizon occurred from surface to an average depth of 0.6 m. Some peripheral auger holes did not encounter Mn at the surface but are now being followed up with further prospecting and remain open as exploration continues. Pits MLB-01 and MLB-02, located in the same claim, were sampled and also returned high assay values for manganese. These mineralized pits have not yet been followed up. Detailed exploration is on-going.
The Maxtech team is Brazilian based and organized by MLB Mining and Marcio Bastos who has led successful manganese exploration teams for companies in the region. Mr. John Harper B.Sc., P.Geol, who is a Qualified Person with respect to Maxtech’s manganese project as defined under National Instrument 43-101 is in charge of all exploration activities for the Company in Brazil.
Peter Wilson, CEO said, “The company’s preliminary assay results are fantastic, therefore Phase 2 exploration will be immediately ramped up. The grades of Mn found are directly attributable to our on-the-ground prospecting team in Brazil.”
The technical information contained in this news release has been reviewed and approved by Mr. John Harper B.Sc., P.Geol, who is a Qualified Person with respect to Maxtech’s manganese project as defined under National Instrument 43-101.
About Maxtech Ventures Inc.
Maxtech Ventures Inc. is a Canadian based diversified industries corporation with gold and manganese mineral properties. Its focus is on mining and the products that are derived therefrom.
Neither the Canadian Securities Exchange nor its Regulation Services Provider (as that term is defined in the policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this release.
Certain statements contained in this release may constitute “forward–looking statements” or “forward-looking information” (collectively “forward-looking information”) as those terms are used in the Private Securities Litigation Reform Act of 1995 and similar Canadian laws. These statements relate to future events or future performance. The use of any of the words “could”, “intend”, “expect”, “believe”, “will”, “projected”, “estimated”, “anticipates” and similar expressions and statements relating to matters that are not historical facts are intended to identify forward-looking information and are based on the Company’s current belief or assumptions as to the outcome and timing of such future events. Actual future results may differ materially. In particular, this release contains forward-looking information relating to the business of the Company, the Property, financing and certain corporate changes. The forward-looking information contained in this release is made as of the date hereof and the Company is not obligated to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, except as required by applicable securities laws. Because of the risks, uncertainties and assumptions contained herein, investors should not place undue reliance on forward-looking information. The foregoing statements expressly qualify any forward-looking information contained herein.
May 4th 2017
Maxtech Samples High-Grade Manganese in Brazil Phase 1 Exploration
VANCOUVER, BC- May 04, 2017 - Maxtech Ventures Inc. (CSE: MVT) (CSE: MVT.CN) (CNSX: MVT) (FRANKFURT: M1N) (OTC PINK: MTEHF), (“Maxtech” or the “Company”) announces the initial results of its exploration showing strong indications of high-grade manganese mineralisation on its claim in the State of Mato Grosso.
Phase I exploration of surface and sub-surface sample results from the pitting and auger drilling showed a range of 51.4 to 55.9% grade of manganese. Surface exploration by our prospecting team uncovered previously unknown manganese bearing clasts and cobbles. Our prospectors initiated a pitting program with hand dug pits and the contents were sifted with manganese bearing clasts separated and collected leaving the soil and other clasts behind. With the manganese clasts retained, the pits were filled in and the surface returned to a natural state. The analyses was done by SGS Geosol Laboratorios LTDA., Belo Horizonte, Brazil and represented in the table below.
*The selected samples are not necessarily representative of the mineralisation. The grab samples from these pits were sieved and/or screened but they are not composite samples.
The technical information contained in this news release has been reviewed and approved by Mr. John Harper B.Sc., P.Geol, who is a Qualified Person with respect to Maxtech’s manganese project as defined under National Instrument 43-101.
About Maxtech Ventures Inc.
Maxtech Ventures Inc. is a Canadian based diversified industries corporation with gold and manganese mineral properties. Its focus is on mining and the products that are derived therefrom.
Certain statements contained in this release may constitute “forward-looking statements” or “forward-looking information” (collectively “forward-looking information”) as those terms are used in the Private Securities Litigation Reform Act of 1995 and similar Canadian laws. These statements relate to future events or future performance. The use of any of the words “could”, “intend”, “expect”, “believe”, “will”, “projected”, “estimated”, “anticipates” and similar expressions and statements relating to matters that are not historical facts are intended to identify forward-looking information and are based on the Company’s current belief or assumptions as to the outcome and timing of such future events. Actual future results may differ materially. In particular, this release contains forward-looking information relating to the business of the Company, the Property, financing and certain corporate changes. The forward-looking information contained in this release is made as of the date hereof and the Company is not obligated to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, except as required by applicable securities laws. Because of the risks, uncertainties and assumptions contained herein, investors should not place undue reliance on forward-looking information. The foregoing statements expressly qualify any forward-looking information contained herein.
April 28th 2017
MAXTECH ANNOUNCES NEW FINANCING
Vancouver, British Columbia – April 28, 2017 – Maxtech Ventures Inc. (CSE: MVT) (Frankfurt: M1N) (OTC: MTEHF), (“Maxtech” or the “Company”) announces a new non-brokered private placement of up to $2,000,000.
Maxtech will issue up to 5,000,000 units at $.40 per unit, each unit being comprised of one common share in the capital of the Company and one share purchase warrant (a “Warrant”). Each Warrant will entitle the holder to purchase one additional common share for a period of two years at an exercise price of $.50 per share for the first year and at an exercise price of $.60 thereafter. The Warrants will be subject to an accelerated expiration period in the event the Company’s shares trade on a recognized exchange at more than $.70 for a 14 day period, which will include days where no shares trade, after a period that is four months and a day from the issuance of the Warrants.
The proceeds to be raised will be used for working capital and to further the Company’s plans to acquire additional manganese assets worldwide.
Maxtech has now amassed approximately 57,000 hectares of exploration claims in Brazil, which is one of the largest manganese mineral exploration claim sets in the country. The Company claims are located in the northern states of Mato Grosso and Amazonas.
“In addition to entering our second stage of exploration in Brazil, the Company is actively reviewing potential acquisitions outside of Brazil in Northern Africa and Europe,” said Peter Wilson, CEO.
About Maxtech Ventures Inc.
Maxtech Ventures Inc. is a Canadian based diversified industries corporation with gold and manganese mineral properties. Its focus is on mining and the products that are derived therefrom.
Certain statements contained in this release may constitute “forward–looking statements” or “forward-looking information” (collectively “forward-looking information”) as those terms are used in the Private Securities Litigation Reform Act of 1995 and similar Canadian laws. These statements relate to future events or future performance. The use of any of the words “could”, “intend”, “expect”, “believe”, “will”, “projected”, “estimated”, “anticipates” and similar expressions and statements relating to matters that are not historical facts are intended to identify forward-looking information and are based on the Company’s current belief or assumptions as to the outcome and timing of such future events. Actual future results may differ materially. In particular, this release contains forward-looking information relating to the business of the Company, the Property, financing and certain corporate changes. The forward-looking information contained in this release is made as of the date hereof and the Company is not obligated to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, except as required by applicable securities laws. Because of the risks, uncertainties and assumptions contained herein, investors should not place undue reliance on forward-looking information. The foregoing statements expressly qualify any forward-looking information contained herein.
April 13th 2017
MAXTECH COMPANY CORPORATE UPDATE
VANCOUVER, BC - April 13, 2017 - Maxtech Ventures Inc. (CSE: MVT) (CSE: MVT.CN) (FRANKFURT: M1N) , (OTC: MTEHF) (“Maxtech” or the “Company “) is pleased to announce the results of its Annual General and Special Meeting of Shareholders (the “AGSM”) held on April 7, 2017 in Vancouver. The motions approved by Maxtech’s shareholders included the following:
Approval of the number of directors; Election of all three nominees to serve until the next annual meeting of shareholders of the Company, or until their successors are elected or appointed. Directors Peter Wilson , Santokh Sabota , and Eugene Hodgenson were approved and elected; Re-appointment of Dale Matheson Carr - Hilton Labonte LLP, Chartered Accountants as the Company’s external auditor; and Approval of the Company’s stock option plan.
The Company also announces the appointment of Mr. Alex Tsakumis, of Vancouver, BC to the board of directors.Mr. Tsakumis is a seasoned executive in the mining space with over twenty years investment experience within the North American capital markets with private and public companies.
Maxtech CEO Peter Wilson states, “We wish to thank Mr. Wright for serving on the Company’s board. We are happy to welcome Mr. Tsakumis to the board and look forward to his assistance in moving the Company forward.”
About Maxtech Ventures Inc.
Maxtech Ventures Inc. is a Canadian based diversified industries corporation with gold and manganese mineral properties. Its focus is on mining and the products that are derived therefrom.
Certain statements contained in this release may constitute “forward-looking statements” or “forward-looking information” (collectively “forward-looking information”) as those terms are used in the Private Securities Litigation Reform Act of 1995 and similar Canadian laws. These statements relate to future events or future performance. The use of any of the words “could”, “intend”, “expect”, “believe”, “will”, “projected”, “estimated”, “anticipates” and similar expressions and statements relating to matters that are not historical facts are intended to identify forward-looking information and are based on the Company’s current belief or assumptions as to the outcome and timing of such future events. Actual future results may differ materially. In particular, this release contains forward-looking information relating to the business of the Company, the Property, financing and certain corporate changes. The forward-looking information contained in this release is made as of the date hereof and the Company is not obligated to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, except as required by applicable securities laws. Because of the risks, uncertainties and assumptions contained herein, investors should not place undue reliance on forward-looking information. The foregoing statements expressly qualify any forward-looking information contained herein.
March 30th 2017
MAXTECH CONTINUES MANGANESE DUE DILIGENCE IN MATO GROSSO BRAZIL FILES REGIONAL NI 43-101
Vancouver, British Columbia – March 30th 2017 – Maxtech Ventures Inc. (CSE: MVT) (OTC: MTEHF) (Frankfurt: M1N) (“Maxtech” or the “Company), is pleased to announce it has filed on SEDAR its initial regional National Instrument 43-101 - Standards of Disclosure for Mineral Projects (“NI 43-101”) for the Brasnorte research concessions, located in the State of Mato Grosso, Brazil entitled “Hydrothermal Manganese Mineralization Rondonia / Mato Grosso, Brazil.”
The Company continues their acquisition strategy to grow with additional manganese claims. Further due diligence was necessary in this region to determine future costs of mining exploration and near term production opportunities. The NI 43-101 will assist Maxtech by identifying similar characteristics in other potential mineralized material claims throughout the region.
Summary Report Excerpt: This report has been prepared as an overview of the emerging high quality, hydrothermal manganese mineralized camp located in the western Brazilian States of Rondonia and Mato Grosso. The known mineralization strikes easterly for at least 250 km from Eastern Rondonia across the State borders into Mato Grosso. Mineralization consists primarily of hydrothermal manganese in the form of pyrolusite (MnO2). It occurs as surficial, eroded clasts and cobbles of material with assays reported to greater than 54% Mn and less weathered, primary veins of similar material. Veins have been shown to extend from surface to below 80 metres and still be open below that depth.
John Harper: The author, has worked in the region since 2006, initially conducting exploration and bulk sampling of diamond bearing kimberlites. From 2008 he has reviewed, mapped and developed numerous (~100) manganese showings, several of which were or currently are in production. Mr. Harper is an international mineral exploration geoscientist and consultant with over 30 years industry experience in base and precious metals, manganese, uranium and diamond exploration. He is a member in good standing of the Association of Professional Engineers and Geoscientists of Alberta (APEGA) and Ontario (APGO). His international experience has taken him to projects throughout North America, Brazil and Africa. For the past several years, his expertise has taken him to Brazil where he has managed comprehensive exploration programs for Meridian Mining S.E. (TSX V: MNO) manganese claims.
The technical information contained in this news release has been reviewed and approved by Mr. John Harper B.Sc., P.Geol, who is a Qualified Person with respect to Maxtech’s manganese project as defined under National Instrument 43-101.
About Maxtech Ventures Inc.
Maxtech Ventures Inc. is a Canadian based diversified industries corporation with gold and manganese mineral properties. Its focus is on mining and the products that are derived therefrom.
Neither the Canadian Securities Exchange nor its Regulation Services Provider (as that term is defined in the policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this release.Certain statements contained in this release may constitute “forward–looking statements” or “forward-looking information” (collectively “forward-looking information”) as those terms are used in the Private Securities Litigation Reform Act of 1995 and similar Canadian laws. These statements relate to future events or future performance. The use of any of the words “could”, “intend”, “expect”, “believe”, “will”, “projected”, “estimated”, “anticipates” and similar expressions and statements relating to matters that are not historical facts are intended to identify forward-looking information and are based on the Company’s current belief or assumptions as to the outcome and timing of such future events. Actual future results may differ materially. In particular, this release contains forward-looking information relating to the business of the Company, the Property, financing and certain corporate changes. The forward-looking information contained in this release is made as of the date hereof and the Company is not obligated to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, except as required by applicable securities laws. Because of the risks, uncertainties and assumptions contained herein, investors should not place undue reliance on forward-looking information. The foregoing statements expressly qualify any forward-looking information contained herein.
March 23rd 2017
MAXTECH ACQUIRES ADDITIONAL 20,000 HECTARES IN BRAZIL
Amasses Approximately 40,000 Manganese Prospective Hectares
Vancouver, British Columbia – March 23, 2017 – Maxtech Ventures Inc. (CSE: MVT) (OTC: MTEHF) (Frankfurt: M1N) (“Maxtech” or the “Company), is pleased to announce it has entered into an arms-length agreement to acquire 2 additional manganese prospective mineral claims totalling 20,000 hectares in Brazil.
Maxtech has now amassed approximately 40,000 hectares of exploration claims in Brazil. Terms of the acquisition include the payment of US $10,000 and the issuance of 200,000 common shares of Maxtech; the transaction is subject to the CSE and regulatory approvals.
As announced on March 3, 2017, the Company initiated an exploration program on its claims acquired on December 6, 2016. Exploration techniques include using hand-dug pits, mobile auger drills and trenching with backhoes have begun in order to determine the dimensions and grade of any mineralization materials found containing manganese. Results are expected in the coming weeks.
Maxtech CEO Peter Wilson states, “With this additional acquisition, Maxtech will have amassed one of the larger manganese mineral exploration claim sets in Brazil. The focus on manganese mineralization offers Maxtech an opportunity to potentially directly service nearby farming markets in need of manganese for fertilizer.”
About Maxtech Ventures Inc.
Maxtech Ventures Inc. is a Canadian based diversified industries corporation with gold and manganese mineral properties. Its focus is on mining and the products that are derived therefrom.
Neither the Canadian Securities Exchange nor its Regulation Services Provider (as that term is defined in the policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this release. Certain statements contained in this release may constitute “forward–looking statements” or “forward-looking information” (collectively “forward-looking information”) as those terms are used in the Private Securities Litigation Reform Act of 1995 and similar Canadian laws. These statements relate to future events or future performance. The use of any of the words “could”, “intend”, “expect”, “believe”, “will”, “projected”, “estimated”, “anticipates” and similar expressions and statements relating to matters that are not historical facts are intended to identify forward-looking information and are based on the Company’s current belief or assumptions as to the outcome and timing of such future events. Actual future results may differ materially. In particular, this release contains forward-looking information relating to the business of the Company, the Property, financing and certain corporate changes. The forward-looking information contained in this release is made as of the date hereof and the Company is not obligated to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, except as required by applicable securities laws. Because of the risks, uncertainties and assumptions contained herein, investors should not place undue reliance on forward-looking information. The foregoing statements expressly qualify any forward-looking information contained herein.
March 16th 2017
MAXTECH SIGNS LETTER OF INTENT TO FORM JV ON LICENCED MANGANESE BURITURAMA MINE IN BRAZIL
Vancouver, British Columbia – March 16th 2017 – Maxtech Ventures Inc. (CSE: MVT) (OTC: MTEHF) (Frankfurt: M1N), (“Maxtech” or the “Company”) has signed a Letter of Intent (“LOI”) to form a joint venture to develop the Buriturama Mine in the State of Bahia, Brazil with Plantiminas Empreendimentos Rurais Ltda.
***At the request of IIROC the Company wishes to clarify specific disclosure in its March 16, 2017 news release. Readers should disregard the disclosure in the earlier release.
The Buriturama Mine is located in the northern portion of the State of Bahia, 862 km from Porto de Aratu with access to railroad, port facilities and infrastructure. The Buriturama Mine has significant historical mining records as well as a current Gia (trial mining license) which authorizes mining and processing of mineralized materials. Small scale mining has been undertaken on the project and there are outcrops located throughout the project area as well as mining pits. An application has been submitted to Departmento Nacional de Proucao Mineral (“DNPM”) for a Lavra licence which provides for unlimited mining. The company will do both technical and legal due diligence on the asset prior to signing a definitive agreement.
Vale’s Mina do Azul Mine is situated approximately 100km’s north of the Buriturama Mine in Bahia, and is responsible for a large percentage of Vale’s manganese output. Vale SA is the largest manganese producer in Brazil and the Mina do Azul Mine is recognized internationally for its mineralized materials which contains high concentrations of manganese and a high manganese-iron ratio.
The markets for manganese mineralized materials and ferroalloys are highly competitive. High-grade manganese competes on a global seaborne basis while low-grade mineralized materials competes on a regional basis. The ferroalloy market is characterized by a large number of participants who compete primarily on the basis of price. The competitive factors affecting this market are the costs of the mineralized materials, electricity, logistics, and reductants.
Peter Wilson, Maxtech CEO, said “We will begin the due diligence process immediately. The Plantiminas Empreendimentos Rurais Ltda. strategic partnership in the Buriturama Mine will enable Maxtech to build vertical manganese operation in Brazil.”
The Company also announces that pursuant to its stock option plan it will issue 1,000,000 options to certain officers, directors and consultants at a price of $0.57 cents per share. The options granted are exercisable up to five years from the issue date.
About Maxtech Ventures Inc.
Maxtech Ventures Inc. is a Canadian based diversified industries corporation with gold and manganese mineral properties. Its focus is on mining and the products that are derived therefrom.
Certain statements contained in this release may constitute “forward–looking statements” or “forward-looking information” (collectively “forward-looking information”) as those terms are used in the Private Securities Litigation Reform Act of 1995 and similar Canadian laws. These statements relate to future events or future performance. The use of any of the words “could”, “intend”, “expect”, “believe”, “will”, “projected”, “estimated”, “anticipates” and similar expressions and statements relating to matters that are not historical facts are intended to identify forward-looking information and are based on the Company’s current belief or assumptions as to the outcome and timing of such future events. Actual future results may differ materially. In particular, this release contains forward-looking information relating to the business of the Company, the Property, financing and certain corporate changes. The forward-looking information contained in this release is made as of the date hereof and the Company is not obligated to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, except as required by applicable securities laws. Because of the risks, uncertainties and assumptions contained herein, investors should not place undue reliance on forward-looking information. The foregoing statements expressly qualify any forward-looking information contained herein.
March 9th 2017
Maxtech to Conduct Enhanced Remote Sensing and Analyses Targeting Manganese in Brazil
VANCOUVER, BRITISH COLUMBIA- March 9, 2017 - Maxtech Ventures Inc. (CSE:MVT)(CSE:MVT.CN)(OTC PINK:MTEHF)(FRANKFURT:M1N) (“Maxtech” or the “Company”) is pleased to announce that it has entered into an agreement with Auracle Geospatial Science (“Auracle”) to conduct remote sensing and analysis programs on manganese targets in Brazil.
Auracle will conduct remote sensing work utilizing their iterative process in conjunction with Maxtech’s geological and field teams for the purpose of mineral exploration. The initial scope of the analysis will be to remotely sense satellite imagery for mineral exploration, host system identification, map topography, and to differentiate apparent geology and non-apparent geology, lithology and structures for 598 km2 in a highly prospective area within 2 kilometers of the Estrada Cemat and 3.5 kilometers of the Fazenda Suas Barras mines in Matto Grosso Brazil.
Auracle’s Upgraded Geology© methodologies use remotely sensed data to penetrate through vegetation and beneath overburden (unconsolidated soils, sands, sediments) to map large areas including structure, lithology, alteration, mineralogy and bedrock surface which supports mineral exploration. This method of exploration is cost effective, safe and an efficient method for analyzing geological information and identifying prospective hosts, deposits, trends and areas as they relate to the discovery phase of exploration. Remote sensing using fused radar and spectral optical satellite imagery provides necessary information to analyze geological information at or in the near surface, which has the ability to detect mineralization and alteration, map geological units, structures geology, faults, fractures, lineaments, and shear zones at surface and under cover; plus model physiography including terrain, bedrock, mineralogy, lithology, vegetation and water features. The 3-D Bare Rock Model will be generated for an outlined area of interest, (AOI) and a larger 1500km2 regional envelope AOI will be analyzed and modeled using the Auracle3D Radar Model.
“What makes our mapping suite unique is that it combines radar and optical satellite data to penetrate vegetation ground cover, water, ice, rocks and soils. Our technology works at, near and under the earth’s surface so we can ‘see’ through things that no other technology can claim,” explains David McLelland, President.
“We are excited to apply the Auracle System to model the structure, texture and lithology and to differentiate rock and formation types within this project area. We believe our geological interpretation and upgraded geological maps will help Maxtech understand the host system, and even when direct identification isn’t possible, to narrow prospective targets,” said Mr. McLelland.
About Maxtech Ventures Inc.
Maxtech Ventures Inc. is a Canadian based diversified industries corporation with gold and manganese mineral properties. Its focus is on mining and the products that are derived therefrom.
Certain statements contained in this release may constitute “forward-looking statements” or “forward-looking information” (collectively “forward-looking information”) as those terms are used in the Private Securities Litigation Reform Act of 1995 and similar Canadian laws. These statements relate to future events or future performance. The use of any of the words “could”, “intend”, “expect”, “believe”, “will”, “projected”, “estimated”, “anticipates” and similar expressions and statements relating to matters that are not historical facts are intended to identify forward-looking information and are based on the Company’s current belief or assumptions as to the outcome and timing of such future events. Actual future results may differ materially. In particular, this release contains forward-looking information relating to the business of the Company, the Property, financing and certain corporate changes. The forward-looking information contained in this release is made as of the date hereof and the Company is not obligated to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, except as required by applicable securities laws. Because of the risks, uncertainties and assumptions contained herein, investors should not place undue reliance on forward-looking information. The foregoing statements expressly qualify any forward-looking information contained herein.
March 3rd 2017
MAXTECH INITIATES PHASE I MANGANESE EXPLORATION PROGRAM IN BRAZIL
Vancouver, British Columbia – March 3, 2017 – Maxtech Ventures Inc. (CSE: MVT) (OTC: MTEHF) (Frankfurt: M1N) (“Maxtech” or the “Company”) is pleased to report that John Harper B. Sc., P. Geo. will be supervising the regional exploration programs.
Peter Wilson CEO said, “The market for manganese is three fold, in fertilizer it is an essential nutrient in photo synthesis creating greener crops, for steel production in the creation of alloys and of course in high-grade form it is becoming more prevalent in the battery market. Maxtech is well positioned to increase its licence holdings as it conducts these regional exploration programs.”
Prospecting and mapping, combined with systematic geochemical soil surveys, and ground based geophysical surveys will be performed to identify and develop manganese mineralization and its trends. There are two styles of manganese mineralization and each method requires different techniques to explore and develop the resource. Mineralization occurs as local cobbles and clasts within the colluvium and saprolite horizons above weathered hydrothermal pyrolusite bearing veins and the hydrothermal veins themselves.
The current exploration program is designed to test the character and expand the size of colluvium showings that have been identified on the property. Close control for the dimensions and grade will be accomplished utilizing techniques including hand dug pits, mobile auger drills and trenching with backhoes.
Maxtech’s green field exploration strategy for areas with extensive forest cover will be inexpensive, quick and effective while having the least surface disturbance of any exploration method. The hydrothermal vein mineralization is hosted beneath the surficial, weathered horizons. Development of these showings will require further geophysical surveys, both ground and airborne based. Follow up by traditional core drilling is expected as exploration advances.
The technical information contained in this news release has been reviewed and approved by Mr. John Harper B.Sc., P. Geo. who is a Qualified Person with respect to Maxtech’s manganese project as defined under National Instrument 43-101.
The Company also announces that pursuant to the Company’s Stock Option Plan it is issuing 1,500,000 incentive stock options at an exercise price of $0.47 cents per share to certain officers, directors and consultants. In accordance with the Company’s Stock Option Plan, the options granted are exercisable for up to five years from the issue date.
About Maxtech Ventures Inc.
Maxtech Ventures Inc. is a Canadian based diversified industries corporation with gold and manganese mineral properties. Its focus is on mining and the products that are derived therefrom.
Neither the Canadian Securities Exchange nor its Regulation Services Provider (as that term is defined in the policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this release.
Certain statements contained in this release may constitute “forward–looking statements” or “forward-looking information” (collectively “forward-looking information”) as those terms are used in the Private Securities Litigation Reform Act of 1995 and similar Canadian laws. These statements relate to future events or future performance. The use of any of the words “could”, “intend”, “expect”, “believe”, “will”, “projected”, “estimated”, “anticipates” and similar expressions and statements relating to matters that are not historical facts are intended to identify forward-looking information and are based on the Company’s current belief or assumptions as to the outcome and timing of such future events. Actual future results may differ materially. In particular, this release contains forward-looking information relating to the business of the Company, the Property, financing and certain corporate changes. The forward-looking information contained in this release is made as of the date hereof and the Company is not obligated to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, except as required by applicable securities laws. Because of the risks, uncertainties and assumptions contained herein, investors should not place undue reliance on forward-looking information. The foregoing statements expressly qualify any forward-looking information contained here
February 24th 2017
MAXTECH VENTURES CLOSES FINANCING
Vancouver, British Columbia – February 24, 2017 – Maxtech Ventures Inc. (CSE: MVT) (OTC: MTEHF) (Frankfurt: M1N) (“Maxtech” or the “Company”), announces that it has closed its previously announced non brokered Private Placement and has issued a total of 3,037,500 units for an aggregate total of $607,500. Each unit was offered at $0.20 per Unit and is comprised of one common share in the capital of the Company and one share purchase warrant (a “Warrant”). Each warrant entitles the holder to purchase one additional common share for a period of two years at an exercise price of $0.30 per share for the first year and at an exercise price of $0.40 thereafter, the warrants are also subject to an accelerated expiration clause.
The securities issued are subject to a four month and one day trading restriction to June 25 2017. The proceeds raised will be used for working capital and to further the Company’s plans to acquire assets worldwide.
About Maxtech Ventures Inc.
Maxtech Ventures Inc. is a Canadian based diversified industries corporation.
Peter Wilson
Chief Executive Officer
Email: [email protected] Phone: 604-484-8989
Neither the Canadian Securities Exchange nor its Regulation Services Provider (as that term is defined in the policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this release.
Further information about the Company is available on www.SEDAR.com under the Company’s profile.
Certain statements contained in this release may constitute “forward–looking statements” or “forward-looking information” (collectively “forward-looking information”) as those terms are used in the Private Securities Litigation Reform Act of 1995 and similar Canadian laws. These statements relate to future events or future performance. The use of any of the words “could”, “intend”, “expect”, “believe”, “will”, “projected”, “estimated”, “anticipates” and similar expressions and statements relating to matters that are not historical facts are intended to identify forward-looking information and are based on the Company’s current belief or assumptions as to the outcome and timing of such future events. Actual future results may differ materially. In particular, this release contains forward-looking information relating to the business of the Company, the Property, financing and certain corporate changes. The forward-looking information contained in this release is made as of the date hereof and the Company is not obligated to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, except as required by applicable securities laws. Because of the risks, uncertainties and assumptions contained herein, investors should not place undue reliance on forward-looking information. The foregoing statements expressly qualify any forward-looking information contained herein.
February 14th 2017
MAXTECH VENTURES ANNOUNCES APPOINTMENT OF NEW CFO
VANCOUVER, BRITISH COLUMBIA-( Feb. 14, 2017) - Maxtech Ventures Inc. (CSE:MVT)(CSE:MVT.CN)(FRANKFURT:M1N)(OTC PINK:METHF) (“Maxtech” or the “Company”) has appointed Ryan Cheung, CA, CPA, as chief financial officer of the company.
Mr. Cheung is the founder and managing partner of MCPA Services Inc., chartered professional accountants, in Vancouver, B.C. Leveraging his experience as a former auditor of junior venture and resource companies, Mr. Cheung serves as a director and/or officer or consultant for public and private companies providing financial reporting, taxation and strategic guidance. He has been an active member of the Chartered Professional Accountants of British Columbia (formerly Institute of Chartered Accountants of British Columbia) since January, 2008. Mr. Cheung holds a diploma in accounting from the University of British Columbia and a bachelor of commerce in international business from the University of Victoria.
“As we begin to target new acquisitions globally it is imperative to have a seasoned CFO on the team, Ryan brings that experience to the company,” stated Peter Wilson, chief executive officer, Maxtech Ventures.
About Maxtech Ventures Inc.
Maxtech Ventures is a Canadian-based diversified industries corporation. Its goal is to become a force in the green energy revolution through the development and acquisition of assets worldwide.
For additional information see the Company’s web site at http://www.maxtechventures.com
Email to [email protected]
“Peter Wilson”
Peter Wilson,
Chief Executive Officer
Neither the Canadian Securities Exchange nor its Regulation Services Provider (as that term is defined in the policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this release.
February 7th 2017
Maxtech Ventures Announces Jose Ricardo Thibes Pisani as in Country Technical Advisor
VANCOUVER, BRITISH COLUMBIA-(Marketwired - Feb. 7, 2017) - Maxtech Ventures Inc. (CSE:MVT)(CSE:MVT.CN)(FRANKFURT:M1N)(OTC PINK:METHF) (“Maxtech” or the “Company”) is pleased to announce that Jose Ricardo Thibes Pisani, P.Geo has joined the Maxtech Brazil team as Technical Advisor.
Mr. Pisani is a seasoned operations executive with over 25 years experience working with mining projects, including the discovery and development of several extensive mineral deposits for multinational companies both private and publicly held. He is an executive with an acute focus on proposal evaluations, operational and expansion projects. He has direct practical experience overseeing two open pit diamond mines with combined teams of more than 400 people. Additionally, Mr. Pisani has negotiated merger and acquisition processes and final sales of mines. He is both fluent in Portuguese and English which will be a tremendous asset to the company. He holds an MBA in Business Management, Fundação Getúlio Vargas, Brazil, 2012. Geology, BsC, Universidade Federal do Mato Grosso, Brazil, 1991.
Peter Wilson, Maxtech CEO states, “The caliber of management and in country advisor expertise Maxtech is attracting is a direct acknowledgment that the Company is quickly becoming a diversified battery metal market leader.”
About Maxtech Ventures Inc.
Maxtech Ventures Inc. is a Canadian based diversified industries corporation. Its goal is to become a force in the green energy revolution through the development and acquisition of global properties.
Peter Wilson,
Chief Executive Officer
Certain statements contained in this release may constitute “forward-looking statements” or “forward-looking information” (collectively “forward-looking information”) as those terms are used in the Private Securities Litigation Reform Act of 1995 and similar Canadian laws. These statements relate to future events or future performance. The use of any of the words “could”, “intend”, “expect”, “believe”, “will”, “projected”, “estimated”, “anticipates” and similar expressions and statements relating to matters that are not historical facts are intended to identify forward-looking information and are based on the Company’s current belief or assumptions as to the outcome and timing of such future events. Actual future results may differ materially. In particular, this release contains forward-looking information relating to the business of the Company, the Property, financing and certain corporate changes. The forward-looking information contained in this release is made as of the date hereof and the Company is not obligated to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, except as required by applicable securities laws. Because of the risks, uncertainties and assumptions contained herein, investors should not place undue reliance on forward-looking information. The foregoing statements expressly qualify any forward-looking information contained herein.Neither the Canadian Securities Exchange nor its Regulation Services Provider (as that term is defined in the policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this release.
January 27th 2017
MAXTECH VENTURES CLOSES FIRST TRANCHE OF FINANCING
Vancouver, British Columbia – January 27, 2017 – Maxtech Ventures Inc. (CSE: MVT) (OTC: MTEHF) (Frankfurt: M1N) (“Maxtech” or the “Company”), announces that it has closed the first tranche of a non-brokered private placement of up to $1,000,000. The Company will issue 2,612,500 units for an aggregate total of $522,500. Each unit is offered at $0.20 per Unit and is comprised of one common share in the capital of the Company and one share purchase warrant (a “Warrant”). Each warrant entitles the holder to purchase one additional common share for a period of two years at an exercise price of $0.30 per share for the first year and at an exercise price of $0.40 thereafter, the warrants are also subject to an accelerated expiration period in the event the Company’s shares trade on a recognized exchange at more than $0.40 for a 14 day period, which can include days where no shares trade after a period that is four months and a day from the issuance of the warrants.
The securities issued are subject to a four month and one day trading restriction to May 28, 2017. The proceeds raised will be used for working capital and to further the Company’s plans to acquire manganese exploration properties worldwide.
About MaxtechVentures Inc.
Maxtech Ventures Inc. is a Canadian based diversified industries corporation. Its goal is to become a force in the Green Energy Revolution through the development and acquisition of mining properties.
For additional information see the Company’s web site at http://www.maxtechventures.com/
Peter Wilson, Chief Executive Officer
Certain statements contained in this release may constitute “forward–looking statements” or “forward-looking information” (collectively “forward-looking information”) as those terms are used in the Private Securities Litigation Reform Act of 1995 and similar Canadian laws. These statements relate to future events or future performance. The use of any of the words “could”, “intend”, “expect”, “believe”, “will”, “projected”, “estimated”, “anticipates” and similar expressions and statements relating to matters that are not historical facts are intended to identify forward-looking information and are based on the Company’s current belief or assumptions as to the outcome and timing of such future events. Actual future results may differ materially. In particular, this release contains forward-looking information relating to the business of the Company, the Property, financing and certain corporate changes. The forward-looking information contained in this release is made as of the date hereof and the Company is not obligated to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, except as required by applicable securities laws. Because of the risks, uncertainties and assumptions contained herein, investors should not place undue reliance on forward-looking information. The foregoing statements expressly qualify any forward-looking information contained herein.
January 18th 2017
MAXTECH APPOINTS EUGENE HODGSON AS INDEPENDENT DIRECTOR
VANCOUVER, BRITISH COLUMBIA, CANADA, January 18, 2017, Maxtech Ventures Inc. (“Maxtech” or the “Company”) today announced that it has appointed Mr. Eugene Hodgson to serve as an independent director.
Mr. Hodgson is a graduate of the University of Calgary and holds a Bachelor of Arts Degree in Political Science. He is a recipient of the Queen’s Silver Jubilee Medal. He has held a number of senior positions in the public sector for the Northwest Territories and British Columbia governments, as well as private industry as a financial and public policy/government affairs advisor over the past 35 years. In addition, he has consulted to various organizations including BC Hydro where he helped to establish their Aboriginal Affairs Group in 1990.
Currently, Mr Hodgson has served as a VP Origination,Western Canada for Corpfinance International Ltd., a Toronto based boutique investment bank with over $1 billion in assets under management. He has served on the Board of Directors of various companies including Grandfield Pacific Corporation, Arimex Resources Inc., Equitable Real Estate Investment Corp., Sea Breeze Power Corp. Silvermex Resources Inc., Chair of Pacific Cascade Minerals and Director of Timmins Gold Corp. a TSE and NYSE listed company.
“Mr. Hodgson, has a long history of creating and overseeing international business relationships for corporations,” commented Peter Wilson, Maxtech’s Chief Executive Officer. “We look forward to his invaluable input in helping Maxtech build a profitable Manganese producing business in Brazil.”
About Maxtech Ventures Inc.
Maxtech Ventures Inc. (CSE: MVT/ FRANKFURT: M1N/ OTC: MTEHF) is a Canadian based diversified industries corporation. For additional information see the company’s web site at http://www.maxtechventures.com/
_s/”Peter Wilson”
Peter Wilson, Chief Executive Officer
Certain statements contained in this release may constitute “forward–looking statements” or “forward-looking information” (collectively “forward-looking information”) as those terms are used in the Private Securities Litigation Reform Act of 1995 and similar Canadian laws. These statements relate to future events or future performance. The use of any of the words “could”, “intend”, “expect”, “believe”, “will”, “projected”, “estimated”, “anticipates” and similar expressions and statements relating to matters that are not historical facts are intended to identify forward-looking information and are based on the Company’s current belief or assumptions as to the outcome and timing of such future events. Actual future results may differ materially. In particular, this release contains forward-looking information relating to the business of the Company, the Property, financing and certain corporate changes. The forward-looking information contained in this release is made as of the date hereof and the Company is not obligated to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, except as required by applicable securities laws. Because of the risks, uncertainties and assumptions contained herein, investors should not place undue reliance on forward-looking information. The foregoing statements expressly qualify any forward-looking information contained herein. Neither the Canadian Securities Exchange nor its Regulation Services Provider (as that term is defined in the policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this release. Further information about the Company is available on www.SEDAR.com under the Company’s profile.
December 13th 2016
Corporate Update
MAXTECH VENTURES SIGNS LETTER OF INTENT EXTENSION TO JOINT VENTURE 57,000
HECTARES OF MANGANESE CLAIMS IN THE STATE OF MATO GROSSE, BRAZIL
Vancouver, British Columbia –– December 13th 2016, Maxtech Ventures Inc.
(CSE: MVT) (Frankfurt: M1N)(OTC: MTEHF),(“Maxtech” or the “Company”) is pleased to announce it has extended its arms-length letter of intent (“LOI”) previously announced on November 2, 2016, to form a joint venture to explore certain manganese mineral claims in the State of Mato Grosse, Brazil. The extension is required to complete the negotiation sign a definitive agreement between the parties and to complete due diligence and a N.I. 43-101 technical report (in by March 30, 2017).
Property Description and Location
The joint venture covers three manganese projects in the Juina region of Mato Grosse, consisting of 11 claims totaling 57,077.8 hectares. The properties are regionally centred near S11and W58.90. These projects are between 33 and 80 kilometres from Juina, MT, the regional service centre. Access is by all weather, municipal dirt roads leading from Juina.
The surface rights of these claims are held by the local landowners / farmers. Agreement for access with any of the farmers is done on a farm-by-farm basis. Mineral exploration companies and residents have enjoyed favorable relationships with each other. Mineral royalties are determined by federal regulations and tied to the individual commodity. For manganese mineralization, the DNPM collects 3% of the value of net sales. An additional amount equal to 50% of the royalty (1.5% of the value of net sales) is paid by the company to the landowner. Permitting required for exploration work consists of having the Claim published in the official Gazette and being listed as Authorized for Exploration. Currently, ten of the eleven claims are authorized for research (exploration) and initial sampling by SGS has shown grades of 50-62% which is considered super-high-grade manganese (battery grade).
About Maxtech Ventures Inc.
Maxtech Ventures Inc. (CSE: MVT/ FRANKFURT: M1N/ OTC: MTEHF) is a Canadian based diversified industries corporation. For additional information see the company’s web site @ http://www.maxtechventures.com/
_s/”Peter Wilson”
Peter Wilson, Chief Executive Officer
Certain statements contained in this release may constitute “forward–looking statements” or “forward-looking information” (collectively “forward-looking information”) as those terms are used in the Private Securities Litigation Reform Act of 1995 and similar Canadian laws. These statements relate to future events or future performance. The use of any of the words “could”, “intend”, “expect”, “believe”, “will”, “projected”, “estimated”, “anticipates” and similar expressions and statements relating to matters that are not historical facts are intended to identify forward-looking information and are based on the Company’s current belief or assumptions as to the outcome and timing of such future events. Actual future results may differ materially. In particular, this release contains forward-looking information relating to the business of the Company, the Property, financing and certain corporate changes. The forward-looking information contained in this release is made as of the date hereof and the Company is not obligated to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, except as required by applicable securities laws. Because of the risks, uncertainties and assumptions contained herein, investors should not place undue reliance on forward-looking information. The foregoing statements expressly qualify any forward-looking information contained herein. Neither the Canadian Securities Exchange nor its Regulation Services Provider (as that term is defined in the policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this release. Further information about the Company is available on www.SEDAR.com under the Company’s profile.
MAXTECH TO AQUIRE 20,000 HECTARES OF MANGANESE CLAIMS IN THE STATE OF MATO GROSSE, BRAZIL Vancouver, British Columbia – December 6th, 2016 – Maxtech Ventures Inc. (CSE: MVT) (Frankfurt: M1N), (OTC: MTEHF) (“Maxtech” or the “Company”) is pleased to announce that it has entered into an arms-length letter of intent (“LOI”) to acquire 2 mineral claims consisting of 20,000 hectares with indications of manganese in the State of Mato Grosse, Brazil. The terms of the acquisition include the payment of US$10,000 and the issuance of 200,000 common shares of Maxtech, the transaction is subject to the CSE and other regulatory approvals. The manganese mineralization observed in the area is similar as found in the Espigao area of the State of Rondonia. Extensive exploration for both hydrothermal vein style deposits and colluvium rich, clast deposits. The Maxtech claims have manganese showings both the near surface, colluvium clast bearing and potentially larger, structurally controlled, hydrothermal vein systems. Maxtech CEO Peter Wilson states, “With this pending acquisition, Maxtech is expanding on its goal to be one of the largest explorers of high-grade manganese in Brazil.” Manganese is the 4th most used metal worldwide primarily because it is indispensable in the production of steel and other alloys. Plus, it is also an essential micronutrient for plant and animal life via the production and use of fertilizer. However, new technologies and applications have emerged as the primary driver of the popular metal. About MaxtechVentures Inc. Maxtech Ventures Inc. (CSE: MVT/ FRANKFURT: M1N/ OTC: MTEHF) is a Canadian based diversified industries corporation, with mining interests in Brazil, focused on high-grade manganese. For additional information see the company’s web site @ http://www.maxtechventures.com/ _s/”Peter Wilson”Peter Wilson, Chief Executive Officer Certain statements contained in this release may constitute “forward–looking statements” or “forward-‐looking information” (collectively “forward-‐looking information”) as those terms are used in the Private Securities Litigation Reform Act of 1995 and similar Canadian laws. These statements relate to future events or future performance. The use of any of the words “could”, “intend”, “expect”, “believe”, “will”, “projected”, “estimated”, “anticipates” and similar expressions and statements relating to matters that are not historical facts are intended to identify forward-‐looking information and are based on the Company’s current belief or assumptions as to the outcome and timing of such future events. Actual future results may differ materially. In particular, this release contains forward-‐looking information relating to the business of the Company, the Property, financing and certain corporate changes. The forward-‐looking information contained in this release is made as of the date hereof and the Company is not obligated to update or revise any forward-‐looking information, whether as a result of new information, future events or otherwise, except as required by applicable securities laws. Because of the risks, uncertainties and assumptions contained herein, investors should not place undue reliance on forward-‐looking information. The foregoing statements expressly qualify any forward-‐looking information contained herein. Neither the Canadian Securities Exchange nor its Regulation Services Provider (as that term is defined in the policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this release. Further information about the Company is available on www.SEDAR.com under the Company’s profile.
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Further information about the Company is available on www.SEDAR.com under the Company’s profile. Certain statements contained in this release may constitute “forward-looking statements” or “forward-looking information” (collectively “forward-looking information”) as those terms are used in the Private Securities Litigation Reform Act of 1995 and similar Canadian laws. These statements relate to future events or future performance. The use of any of the words “could”, “intend”, “expect”, “believe”, “will”, “projected”, “estimated”, “anticipates” and similar expressions and statements relating to matters that are not historical facts are intended to identify forward-looking information and are based on the Company’s current belief or assumptions as to the outcome and timing of such future events. Actual future results may differ materially. In particular, this release contains forward-looking information relating to the business of the Company, the Property, financing and certain corporate changes. The forward-looking information contained in this release is made as of the date hereof and the Company is not obligated to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, except as required by applicable securities laws. Because of the risks, uncertainties and assumptions contained herein, investors should not place undue reliance on forward-looking information. The foregoing statements expressly qualify any forward-looking
information contained herein.
Neither the Canadian Securities Exchange nor its Regulation Services Provider (as that term is defined in the policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this release. May 15, 2015
MAXTECH NOMINATES INVESTMENT BANKER AYUB KHAN AS CEO AND PROVIDES CORPORATE UPDATESurrey, British Columbia, May 15, 2015 - Maxtech Ventures Inc. (CSE — MVT Frankfurt:M1N)(“Maxtech” or the “Company”) announces that Mr. Lucky Janda has stepped down as Chief Executive Officer. Mr. Ayub Khan has agreed to be the Company’s Chief Executive Officer in place of Mr. Janda. Mr Khan has held Senior Investment Banking positions with Canadian Imperial bank of Commerce Suisse and also with Credit Agricole Indosuez , one of the largest French based Banks. He has had the benefit of a Global career and has been intimately involved in acquiring, restructuring and raising considerable financing for Private and Public companies over the last twenty five years. Maxtech is a Diversified Industry company. Its mandate is to make investments in a variety of sectors, including but not limited to mining, real estate, oil and gas and technology. As such the Company is currently evaluating real estate investment opportunities in Northern California as well as mining exploration opportunities in East Africa. The Company is also actively looking at investment opportunities in the clean tech sector, specifically in the areas of solar, wind and geothermal. To date, the Company has not made any material investment regarding the foregoing activities. The Company has signed an option with Swiss based Eotheme SARL in the domain of clean tech. The developers and proprietors of this technology patented a configuration for using a gear box with 3 axes for the coupling of two rotors of a wind turbine rotating in opposite directions. The patented technology allows the addition of both rotations. An independent technical report published in 2009 by Paul Scherrer Institute cited the possibility of a 25% increase in energy output using the Technology versus other conventional wind turbines. While this technology is not yet ready for commercialization, the Company has an option to own the patents and all other intellectual property over a period of 5 years. Mr Khan states , I am delighted to assume the CEO position in this exciting company. The diversified mandateappeals to my investment banking background. I hope to bring a good mix of assets into the Company which we should be able to leverage in the future for our shareholders’ value.ABOUT THE COMPANY
Maxtech Ventures Inc. is a diversified industries company focusing in mining, real estate and technology.ON BEHALF OF THE BOARD
“Ayub Khan” Ayub Khan CEO
This release may include certain statements that may be deemed to be “forward-looking statements” within the meaning of the U.S. Private Securities Litigation Reform Act of 1995. All statements in this release, other than statements of historical facts, that address future production, reserve potential, exploration and development activities and events or developments that the Company expects, are forwardlooking statements. Although management believes the expectations expressed in such forward-looking statements are based on
reasonable assumptions, such statements are not guarantees of future performance, and actual results or developments may differ materially from those in the forward-looking statements. Factors that could cause actual results to differ materially from those in forward-looking statements include market prices, exploration and development successes, continued availability of capital and financing, and general economic, market or business conditions. Please see our public filings at www.sedar.com for further information. Neither the TSX Venture Exchange or the Canadian National Exchange or their respective Regulation Services Providers (as that term is defined in the policies of the applicable securities regulations) accepts responsibility for the adequacy or accuracy of this release.
© Copyright 2017 Maxtech Ventures.
