Maxtech Highlights Historical Red Lake GOLD Property 2020 Winter Drilling Plans

MAXTECH HIGHLIGHTS HISTORICAL RED LAKE GOLD PROPERTY

2020 WINTER DRILLING PLANS

Vancouver, British Columbia (November 25, 2019): Maxtech Ventures Inc. (“Maxtech” or the

“Company” (CSE: MVT) (Frankfurt: M1N) (OTC: MTEHF) The Company is pleased to expand on

historical highlights surrounding the Company’s Panama Lake gold property.

The discovery of gold in the Red Lake district, over 100 years ago, continues expanding even today

with gold exploration, discoveries and mining in much of the surrounding area. The recent

discovery of gold on Great Bear’s Dixie Lak e property within 50 km of the Panama Lake property

demonstrates this. Similarly, the history of exploration at Maxtech’s Panama Lake gold project has

revealed valuable evidence of a prospecti ve gold setting . The most recent comprehensive

exploration effort on this gold project was initiated first by Benton Resources and now by Maxtech

following its acquisition of the property (please refer to the Company’s news release dated October

24, 2019).

The documentation of gold on the Panama Lake property date s back to 1986 when Noranda

Exploration staked land around Panama Lake upon obtaining anomalous gold values from

historical trenches in the area that Noranda geologists sampled. A program of soil sampling,

mapping and prospecting was then completed . Drilling on the north shore of Panama Lake

followed, consisting of 8 holes for 953 meters to test a 20- 25 meter wide quartz flooded shear zone

delineated during the field program, with the best result of 4.5m averaging 2.8 grams per tonne

gold obtained in hole 88-3, between 86.0m and 90.5m. No additional work was undertaken.

In the early 1990s, a till sampling program was carried out by the Geological Survey of Canada in

the area, and alon g the north shore of Slate Lake in the middle of the Pa nama Lake property, 107

gold grains were collected of which 103 were described as “pristine” . This was the highest grain

count obtained in the survey and suggests proximity to source.

Only cursory work was carr ied out on the property during the following 20 years. In 2012, Clark

Exploration Consulting Inc. completed a soil geochemical survey program over the western half of

the property on behalf of Red Lake Gold Mines, followed in 2013 by mapping and more geoc hemical

sampling. Additionally, Abitibi Geophysics completed 640.7 line kilometers of ground magnetic

survey. Notwithstanding soil anomalies and magnetic features later recognized by Benton

Resources as prospective, there was no follow-up undertaken by Goldcorp.

In 2018, Benton Resources staked the Panama Lake property and launched a comprehensive

exploration program based upon its compilation of these historical data and interpretation of

possible fault structures crosscutting the property that correlat e with historically documented

quartz flooding, lode mineralization and soil anomalies. In 2019, 1,430 meters were drilled in 9

holes in the same area as Noranda’s 1988 drilling, intersecting gold mineralization in each hole.

Finally, just this past mon th, a prospecting team sent to the property by Maxtech appears to have

rediscovered a gold occurrence at Parrot Lake, a 1949 report about which was found in government

files in Red La ke. The occurrence is structurally hosted and appears to line up with th e main

Panama Lake trend. Evidence of a through -going shear structure flooded with quartz and

mineralized with gold where exposed or drilled and sampled, to date, forms the basis of Maxtech’s

interest in the property and focus of its planned exploration e fforts over the coming months, where

a drilling program is planned.

“It’s exciting to be gin an exploration program on a property with such a robust historical gold

footprint especially in the Red Lake district . The recent Great Bear gold discovery and the positive

geophysical survey results obtained by Benton Resources has led us to move this project forward

quickly. The Maxtech team is actively planning to be back at Panama Lake once the ground has

frozen and a drill program can begin,” stated Peter Wilson, CEO.

Avrom E. Howard, MSc, PGeo (Ontario) is a Qualified Person within the meaning of National

Instrument 43 -101. Mr. Howard has reviewed and approved the technical contents of this news

release.

About Maxtech Ventures Inc.

Maxtech Ventures Inc., a Canadian-based diversified industries corporation, is focused on

identifying and advancing high-value mineral properties.

For more information about MAXTECH VENTURES: http://www.maxtech-ventures.com

Email to [email protected]

Phone: 604-484-8989

Further information about the Company is available on www.SEDAR.com under the Company’s

profile.

Neither the Canadian Securities Exchange nor its Regulation Services Provider (as that term is defined in the policies of the

Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this release.Certain statements

contained in this rel ease may constitute “forward –looking statements” or “forward- looking information”

(collectively “forward -looking information”) as those terms are used in the Private Securities Litigation Reform Act of

1995 and similar Canadian laws. These statements relate to future events or future performance. The use of any of the

words “could”, “intend”, “expect”, “believe”, “will”, “projected”, “estimated”, “anticipates” and similar expressions

and statements relating to matters that are not historical facts are intended to identify forward-looking information

and are based on the Company’s current belief or assumptions as to the outcome and timing of such future events.

Actual future results may differ materially. In particular, this release contains forward-looking information relating to

the business of the Company, the Property, financing and certain corporate changes. The forward-looking information

contained in this release is made as of the date hereof and the Company is not obligated to update or revise any forward-

looking information, whether as a result of new information, future events or otherwise, except as required by applicable

securities laws. Because of the risks, uncertainties and assumptions contained herein, investors should not place undue

reliance on forward-looking information. The foregoing statements expressly qualify any forward-looking information

contained herein.