Maxim Resources Inc. V.MXM

News

[Scruff]

Mr. Arthur Brown reports MAXIM APPOINTS NEW PRESIDENT, CEO AND DIRECTOR Maxim Resources Inc. is appointing Cyrus Driver to the board of directors of the company as a director, filling the vacancy on the board created by the resignation of Neil Dinsdale, who has resigned from the board, effective today. Maxim is also pleased to announce the appointment of Mr. Andrew Male as President and Chief Executive Officer ("CEO") of the Company, replacing Mr. Arthur Brown who has resigned from the position as President and CEO of the Company effective today. Mr. Male will continue to serve of the Board and Mr. Brown will retain his role as Chairman of the Board. Mr. Driver has served as the Company's Chief Financial Officer for the past 10 years. His involvement with Maxim has been instrumental in governing and guiding the Company. Mr. Driver is a chartered accountant with over 30 years of public market and accounting experience and was a founding partner in the firm of Driver Anderson upon its inception in 1981. He has been a partner in the firm of Davidson and Company LLP after merging with Driver Anderson in 2002. Mr. Driver specializes in servicing TSX and TSX Venture Exchange ("TSXV") listed companies and members of the brokerage community. His wide knowledge of the securities industry and its rules have enabled him to give valuable advice to clients within the industry with respect to finance, taxation and other accounting related matters. Mr. Driver currently serves as a director and/or executive of several publicly listed companies. Mr. Andrew Male has served as a director of Maxim since January 2011. Mr. Male has served as a director or officer of a number of TSXV-listed companies and recently also served as the president, CEO and director of a TSXV mining issuer. During his tenure, Mr. Male pivoted this company to a new mineral focus, completed a mining claim acquisition package, raised $6.0-million in private placements, commenced mining operations, secured a multimillion-dollar joint venture partner and the acquisition of adjacent producing mines. This company was also listed as a TSXV top-50 issuer. Mr. Male has also acted as an acquisition adviser to European-listed issuers, as well as providing finance and management consulting services for numerous other listed and private issuers. Art Brown, Chairman said, "I am pleased to welcome Cyrus Driver to the Board, and wish to thank Neil Dinsdale for his assistance over the past years. Cyrus will undoubtedly be a governing force as a director and we look forward to his contributions. Andrew Male and I have been working closely over the past 4 years and Andrew was instrumental in managing and securing the Company's recent litigation settlement in Trinidad. His finance, mergers and acquisition knowledge will be a valuable asset going forward and I look forward to continuing to work with him. These changes are key in the next stage of development for Maxim and our transition to a dual-listing on the AIM Exchange in London. We look forward to developing our opportunities in Morocco and future strong growth." We seek Safe Harbor. © 2015 Canjex Publishing Ltd. All rights reserved.