Maxim Resources Inc. V.MXM

RE:SHAREs out

[Chattyc]

Looks like you are right MAAXXY......I must tip my hat to you for finding this. The 85 million number of shares is on stockwatch now. Only thing I can think of is it looks like the stock part of the transaction to Quest for the Dubai deal has gone through and Maxim have issued them their stock as per the news announcement with Quest from June 2nd . Can it be long before news is released from the company? Here is the part were the shares to be issued is discussed..........................Stages 1 and 2 may be completed concurrently on or prior to July 31, 2015. Upon the successful closing of stages 1 and 2, QI shall transfer to Maxim a minimum of such number of Quest shares equal to 37.5 per cent of the issued and outstanding share capital of Quest. As consideration for the transfer of such Quest shares, Maxim will issue to Quest $3.75-million (U.S.) worth of Maxim shares (being stage 1) at a price per share equal to the price of the Maxim shares to be issued in a private placement financing which Maxim intends to complete by June 30, 2015, and concurrent with its proposed secondary listing on the Alternative Investment Market in London (AIM) with Maxim's proposed United Kingdom broker and nominated adviser, SP Angel Corporate Finance LLP.