The TSX Venture Exchange has accepted for filing documentation pertaining to a share purchase agreement dated Nov. 7, 2023, between Max Resources Corp. and an arm's-length parties, pursuant to which the company will acquire all of the issued and outstanding shares of vendor. The company will be acquiring the right to the net smelter royalty in connection with the acquisition of the vendor that holds a 3-per-cent net smelter royalty return over the company's wholly owned Cesar mineral project, located in northeastern Colombia.

Under the agreement, to acquire the shares, the company is required to issue the seller 14 million common shares at the deemed price of 11 cents per common share. Pursuant to the agreement, the shares will be subject to a 36-month escrow release until all of the shares have been released.

For further details, refer to the company's news releases dated Nov. 7, 2023.