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MAX.V ·

Max Resource Appoints Global Investment Banker Rahim Kassim-Lakha as Strategic Corporate Advisor

Management Changes

Max Resource Appoints Global Investment Banker

Rahim Kassim-Lakha as Strategic Corporate Advisor

Vancouver B.C., October 5, 20 20 – MAX RESOURCE CORP. ( “Max” or the

“Company”) (TSX.V: MXR; OTC: MXROF; Frankfurt: M1D2), a leading copper-

silver exploration company focused on South American assets, is pleased to announce

the appointment of Rahim Kassim-Lakha as Strategic Advisor.

Mr. Kassim-Lakha, founder and CEO of Blue Sail Capital, brings over 24 years global

investing and capital markets expertise, and M&A advisory. He has been instrumental

in more than $5 billion of transactions. Mr. Kassim -Lakha served in senior and

executive roles for Fidelity Capital, US Global, GMP, National Bank, Desjardins and

Salman Partners.

Max’s CESAR copper-silver project in Colombia is now attracting major and mid-tier

miners alike, following less than a year of exploration. Max has executed a number

of non-exclusive confidentiality agreements (“CA”) , including those with a major

copper producer and another global miner.

Mr. Kassim-Lakha will act as special advisor to the CEO and the Board of Directors to

evaluate financial interest and/or enter into a business arrangement with a party or

parties under a CA. The rationale is to maximize shareholder value.

This will allow the Max team to focus on exploration activities on both the CESAR

project in Colombia, and the recently acquired RT Gold Property in Peru. Both are

unique opportunities with large-scale discovery potential.

"Using their first mover advantage, the Max team has demonstrated CESAR’s district-

scale potential, receiving interest on a global scale. Max is strategically poised to take

full advantage of high demand metals, copper and silver. I am delighted to assist in

this remarkable opportunity," stated Mr. Kassim-Lakha.

"On behalf of the Board of Directors, I am privileged to welcome Rahim, with his

exceptional track record of delivering corporate development in the public markets,"

stated Brett Matich, President and CEO of Max.

“Max will continue its aggressive field programs and focus on expanding its

landholdings of the CESAR copper-silver project. In addition, the program will include

interpretation of seismic data and identifying the presence of copper at depth from

historical oil & gas drill chips and core,” he concluded.

Option Grant

Mr. Kassim-Lakha has been granted options (the "Options") to purchase 500,000

common shares in the Company at a price $0.21 per share, good for five years, with

certain conditions.

About Max Resource Corp.

Max Resource Corp. is advancing its stratabound Kupferschiefer type CESAR copper-

silver project in Colombia and its newly acquired RT Gold property in Peru. Both have

potential for the discovery of large-scale mineral deposits attractive to major mining

and exploration Companies worldwide.

For more information visit: https://www.maxresource.com/

For additional information contact:

Max Resource Corp.

Tim McNulty

E: [email protected]

T: (604) 290-8100

Neither 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

Except for statements of histo ric fact, this news release contains certain "forward -looking information" within the

meaning of applicable securities law. Forward-looking information is frequently characterized by words such as

"plan", "expect", "project", "intend", "believe", "anticipate", "estimate" and other similar words, or statements that

certain events or conditions "may" or "will" occur. Forward-looking statements are based on the opinions and

estimates at the date the statements are made and are subject to a variety of risks and uncertainties and other

factors that could cause actual events or results to differ materially from those anticipated in the forward -looking

statements including, but not limited to delays or uncertainties with regulatory approvals, including that of the

TSXV. There are uncertainties inherent in forward -looking information, including factors beyond the Company’s

control. There are no assurances that the commercialization plans for Max Resources Corp. described in this news

release will come into effect on the terms or time frame described herein. The Company undertakes no obligation

to update forward-looking information if circumstances or management's estimates or opinions should change except

as required by law. The reader is cautioned not to place undue reliance on forward-looking statements. Additional

information identifying risks and uncertainties that could affect financial results is contained in the Company’s filings

with Canadian securities regulators, which filings are available at www.sedar.com