Maxim Resources Inc.

Maxim Resources Inc.

November 04, 2014 09:15 ET

Maxim Announces AGM Results

TORONTO, ONTARIO--(Marketwired - Nov. 4, 2014) - Maxim Resources Inc. ("Maxim" or the "Company") (TSX VENTURE:MXM)(FRANKFURT:M5HA)(OTCBB:MXMSF) held its Annual General Meeting on October 31, 2014, at the office of the Company. The meeting was called to order with a substantial quorum achieved.

The resolutions contained in the Company's Proxy Form were passed and there was no new business brought forward, these included;

  1. The approval of the audited financial statements of the Corporation for the financial year ended December 31, 2013 and the reports of the auditor thereon;
  2. To approve number of directors of the Corporation to be elected at the Meeting at five (5);
  3. The election of Art Brown, Andrew Male, David Stadnyk, Neil Dinsdale and Glen MacDonald to the Board of Directors of the Corporation;
  4. The appointment of Mackay LLP, Chartered Accountants as the auditor of the Company;;
  5. The approval of the Stock Option Plan of the Corporation;
  6. The approval of the special resolution approving the application of the Corporation for continuance under the laws of Ontario;

All resolutions were passed and Maxim would like to thanks its Shareholders.

About Maxim

Maxim is an oil and gas production and exploration company based in Vancouver, Canada. The Company is focused on identifying assets that meet the following criteria, producing, near term enhancement and exploration opportunities. Investments may be by way of acquisition, participation and/or fractional interest. Its most recent investment is a Reconnaissance Contract for the Hassi Berkane Block, in the Kingdom of Morocco ("Morocco) in partnership with the National Office of Hydrocarbons and Mines ("ONHYM")".

We encourage any interested parties to visit and hit the Register for News tab at the top of the page.

Issued on behalf of the Board of Directors of Maxim Resources Inc.

Arthur Brown, Chairman of the Board of Directors

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. This news release may contain certain forward-looking information. All statements included herein, other than statements of historical fact, is forward-looking information and such information involves various risks and uncertainties. There can be no assurance that such information will prove to be accurate, and actual results and future events could differ materially from those anticipated in such information. A description of assumptions used to develop such forward-looking information and a description of risk factors that may cause actual results to differ materially from forward-looking information can be found in the company's disclosure documents on the SEDAR website at The company does not undertake to update any forward-looking information except in accordance with applicable securities laws.

Contact Information