Max Resource Corp. (TSXV:MXR) announced a non-brokered private placement of 6,000,000 units at a price of CAD 0.09 per unit for gross proceeds of CAD 540,000 on January 19, 2018. Each unit will be comprised of one common share and one warrant, with each warrant entitling the holder to purchase an additional common share at an exercise price of CAD 0.12 per share for a period of five years from the closing date of the transaction. The transaction is subject to acceptance for filing by the TSX Venture Exchange.