| MAX to Voluntarily Terminate Its Share Registration in U.S. | |
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VANCOUVER, British Columbia, March 13, 2015 (GLOBE NEWSWIRE) -- MAX Resource Corp. (MXR.V) (OTC Pink:MXROD) (M1D.F) (the "Company") intends to file a Form 15 today with the U.S. Securities and Exchange Commission ("SEC") to voluntarily terminate the registration of its common shares under the U.S. Securities Exchange Act of 1934 (the "1934 Act").
It is anticipated that termination of the registration under the 1934 Act will take effect no later than 90 days following the filing of the Form 15. As a result of this filing, the Company will immediately stop filing certain reports, including Form 20-F and Form 6-K, with the SEC. MAX will remain quoted on the OTC Pink under the symbol "MXROD" for 20 business days from the date of its previously announced share consolidation which was effective on February 24, 2015 and on the 21st business day the "D" will drop from the ticker symbol and the Company will continue to be quoted on the OTC Pink under its previous symbol "MXROF."
MAX will remain listed on the TSX Venture Exchange and will continue to meet its continuous disclosure obligations through filings with the applicable securities regulators in Canada. These filings can be accessed at www.sedar.com.
MAX RESOURCE CORP.
"Stuart Rogers"
Stuart Rogers,
President and CEO
Neither the 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.
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