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August 12, 2015 For Immediate Release CORPORATE UPDATE August 12,, 2015: Maxtech Ventures Inc. (CSE:MVT)(FKT:M1NA) (“MVT” or the “Company”) reports that it has established a wholly owned subsidiary in the State of Wyoming, USA named “Eotheme International Ltd” (“EI”). EI will hold the US patents for the clean techology pursuant to the option agreement, as previously reported in our press releases of May 15, 2015 and July 31, 2015. EI intends to apply for subsidies and grants from various US entities and governmental organizations to further the development of its clean tech project. Maxtech is a diversified industry corporation and its mandate is to make investments into a variety of sectors such as, amongst others, real esate, technology and mining. Maxtech holds a number of mineral claims and is actively seeking out viable projects to invest in. ON BEHALF OF THE BOARD 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. |
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July 31, 2015 For Immediate Release July 31, 2015: Maxtech Ventures Inc. (CSE:MVT)(FKT:M1NA) (“MVT” or the “Company”) reports that we have been active in our evaluation and selection process for additions to our corporate portfolio. With very stringent criteria, the Maxtech team has sifted through a variety of opportunities in multiple sectors, including the undervalued resource sector. The Company continues to collaborate with Swiss based Eotheme SARL in the domain of clean tech. The Company’s management team, in conjunction with the inventors, intends to approach potential joint venture partners in the wind energy space that could use the Technology to retrofit their existing end-of life windmills and thereby provide testing and validation of the Technology on an industrial scale. In an independent study conducted by Swiss engineering firm, Paul Scherrer Instutitue, the Technology achieved up to an additional 25% energy output versus traditional wind turbine technology, in a wind tunnel environment. The Company is also engaged in meaningful discussions with both private sector entities and ON BEHALF OF THE BOARD 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 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 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. |
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May 15, 2015 Surrey, 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 ON BEHALF OF THE BOARD |
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