2016

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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 totalling 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 favourable 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.