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MAX.V ·

MAX announces extension of Share Purchase Warrants

Share Capital & Compensation

August 23, 2017 TSX-V: MXR

OTC Pink: MXROF

Frankfurt: M1D

News Release

MAX announces extension of Share Purchase Warrants

Vancouver, BC – MAX Resource Corp. (TSX.V: MXR; OTC Pink: MXROF; Frankfurt: M1D ) announces

that the Company intends to extend the exercise per iod of a total of 5,195,000 outstanding share purch ase

warrants, all of which are exercisable at $0.10 per share (collectively, the “Warrants”). The Warrant s were issued

pursuant to a private placement completed in two tr anches on September 30, 2015 and October 14, 2015. The

new expiration date of the Warrants is September 30 , 2018 (as to 3,880,000 warrants) and October 14, 2 018 (as

to 1,315,000 warrants). The exercise price of the Warrants will remain unchanged. The Warrant extens ion is

subject to the acceptance of the TSX Venture Exchange.

About MAX Resource Corp.

MAX Resource Corp. is a Canadian exploration compan y focused on gold, silver and copper exploration in

Nevada. For more information, please visit our web site at www.maxresource.com.

On behalf of the Board of Directors of

MAX Resource Corp.

“STUART ROGERS”

Stuart Rogers

President

Contacts: Leonard MacMillan, Corporate Communication

[email protected]

Phone: 604-880-7924

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 includes certain "forward looking statements". Without limitation, statements regard ing

potential mineralization and resources, exploration results, and future plans and objectives of the Co mpany are

forward looking statements that involve various deg rees of risk. The following are important factors t hat could

cause MAX’s actual results to differ materially fro m those expressed or implied by such forward lookin g

statements: changes in the world wide price of mine ral commodities, general market conditions, risks i nherent in

mineral exploration, risks associated with developm ent, construction and mining operations, the uncert ainty of

future profitability and the uncertainty of access to additional capital.