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MAX Resource ( (TSE:MAX) ) has shared an update.
Max Resource Corp. has completed a debt settlement transaction by issuing 500,000 common shares at $0.12 per share to settle $60,000 of outstanding debt. This move is part of the company’s financial strategy to manage its liabilities and improve its financial position, potentially enhancing its market standing and stakeholder confidence.
More about MAX Resource
Max Resource Corp. operates in the resource industry, focusing on the exploration and development of mineral properties. The company is listed on the TSX Venture Exchange, OTC, and Frankfurt stock exchanges.
Average Trading Volume: 346,573
Technical Sentiment Signal: Buy
Current Market Cap: C$20.48M
For a thorough assessment of MAX stock, go to TipRanks’ Stock Analysis page.