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Max Resource Adopts Omnibus Equity Incentive Compensation Plan
Vancouver B.C., September 13, 2022 - MAX RESOURCE CORP. ("Max" or the "Company") (TSX.V: MAX; OTC: MXROF; Frankfurt: M
--->1D2 is pleased to announce that the Board of Directors have approved the adoption of an Omnibus Equity Incentive Compe
--->nsation Plan ("Omnibus Plan") whereby the Company may issue up to 4,000,000 Performance Share Units ("PSUs") to eligib
--->le directors and officers of the Company and up to 10% of its issued share capital, less any PSUs outstanding, in stoc
--->k options to eligible directors, officers, consultants and employees of the Company. The Omnibus Plan will replace th
--->e Company's existing Stock Option Plan which was approved by shareholders at the Company's annual general meeting held
---> October 25, 2021. The Omnibus Plan was adopted by the Company to provide incentives to its executives to better alig
--->n interests with shareholders.
At the next annual general and special meeting of shareholders on October 11, 2022, the Company will ask shareholders
--->to ratify and confirm the adoption of the Omnibus Plan.
About Max Resource Corp.
Max Resource Corp. (TSXV: MAX) is a mineral exploration company advancing the newly discovered district-scale Cesar co
--->pper-silver project. The wholly owned Cesar project sits along the Colombian portion of the world's largest producing
--->copper belt (Andean belt), with world class infrastructure and the presence of global majors (Glencore and Chevron).
In addition, Max controls the RT Gold project (100% earn-in) in Peru, encompassing a bulk tonnage primary gold porphyr
--->y zone, and 3-km to the NW, a gold bearing massive sulphide zone. Historic drilling in 2001, returned values ranging 3
--->.1 to 118.1 g/t gold over core lengths ranging from 2.2 to 36.0-metres.
The safety of our people and the communities where we operate is most important. We conduct exploration in a manner wh
--->ich supports protection of ecosystems through responsible environmental stewardship.
Source: NI 43:101 Geological Report Rio Tabaconas Gold Project for Golden Alliance Resources Corp. by George Sivertz,
--->Oct.3, 2011
For more information visit: https://www.maxresource.com/
For additional information contact:
Tim McNulty
E: info@maxresource.com
T: (604) 290-8100
Rahim Lakha
E. rahim@bluesailcapital.com
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX
--->Venture Exchange) accepts responsibility for the adequacy or accuracy of this release
Except for statements of historic fact, this news release contains certain "forward-looking information" within the me
--->aning of applicable securities law. Forward-looking information is frequently characterized by words such as "plan",
--->"expect", "project", "intend", "believe", "anticipate", "estimate" and other similar words, or statements that certain
---> events or conditions "may" or "will" occur. Forward-looking statements are based on the opinions and estimates at the
---> date the statements are made and are subject to a variety of risks and uncertainties and other factors that could cau
--->se actual events or results to differ materially from those anticipated in the forward-looking statements including, b
--->ut not limited to delays or uncertainties with regulatory approvals, including that of the TSXV. There are uncertainti
--->es inherent in forward-looking information, including factors beyond the Company's control. There are no assurances th
--->at the commercialization plans for Max Resources Corp. described in this news release will come into effect on the ter
--->ms or time frame described herein. The Company undertakes no obligation to update forward-looking information if circu
--->mstances or management's estimates or opinions should change except as required by law. The reader is cautioned not to
---> place undue reliance on forward-looking statements. Additional information identifying risks and uncertainties that c
--->ould affect financial results is contained in the Company's filings with Canadian securities regulators, which filings
---> are available at www.sedar.com
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