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MAX.V ·

MAX Resource Corp. to Rely on COVID-19 Extension for Filing its Annual Consolidated Financial Statements

Financials

MAX Resource Corp. to Rely on COVID-19 Extension for Filing its Annual

Consolidated Financial Statements

Vancouver B.C., April 28, 2020 – MAX RESOURCE CORP. (“Max” or the “Company”) (TSX.V: MXR; OTC:

MXROF; Frankfurt: M1D2) announces that due to circumstances created by the COVID-19 pandemic, the

British Columbia Securities Commission and other members of the Canadian Securities Adm inistrators

granted “Issuers” in the Canadian securities industry up to an additional 45 days, to complete year -end

statutory filings. The Company does not believe that it will be able to file its December 31, 2019 Audited

Annual Financial Statements by it s usual 120 -day deadline of April 29, 2020 and will be relying on the

extension. In accordance with the conditions of the extension, the Company’s management and other

insiders will be subject to a trading black-out that reflects the principles in Section 9 of National Policy 11-

207 until its Annual Audited Financial Statements are filed, which should be on or before May 29, 2020.

Other than as previously disclosed by the Company in news releases, including the information herein,

there are no other material business developments since the date of the Company’s most recent filing of its

interim financial statements and Interim Quarterly Highlights for its Q3 ended September 30, 2019.

About Max Resource Corp.

With its successful exploration and management team, Max Resource Corp. is advancing both its copper,

silver and precious metals landholdings in the rich mineral belts of Colombia, and it’s EBAY Palladium -

Platinum landholdings in Quebec, Canada. Each of these belts has potential for the discovery of large-scale

mineral deposits attractive to major partners.

Tim Henneberry, P Geo (British Columbia), a member of the Max Resource Advisory Board, is the Qualified

Person who has reviewed and approved the technical content of this news release on behalf of the

Company.

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 historic 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