TSX.V: MXM | FRANKFURT: M5HA | OTCBB: MXMSF

Board of Directors

Andrew Male – Director

Mr. Andrew Male has served as a director of Maxim since January 2011. Mr. Male has served as a director or officer of a number of TSXV-listed companies and recently also served as the president, CEO and director of a TSXV mining issuer. During his tenure, Mr. Male pivoted this company to a new mineral focus, completed a mining claim acquisition package, raised $6.0-million in private placements, commenced mining operations, secured a multimillion-dollar joint venture partner and the acquisition of adjacent producing mines. This company was also listed as a TSXV top-50 issuer. Mr. Male has also acted as an acquisition adviser to European-listed issuers, as well as providing finance and management consulting services for numerous other listed and private issuers.

Ian Baron, Director

Mr. Baron has almost 40 years' experience in the upstream oil and gas business, most of it living and working in the Middle East region. His expertise covers exploration, field development and infrastructure projects. In 2002 he established ESG Dubai, a firm providing project management and advisory services to the energy industry. He has been a non-executive director of several private and public energy companies. He was CEO of Cadogan Petroleum plc (LSE: CAD) and before this was CEO of Dragon Oil plc (LSE: DGO). He spent a large part of his career with Conoco Inc. where he reached the position of V.P. of Conoco Middle East based in Dubai, UAE. Mr. Baron graduated in Geology from the University of Manchester in England in 1977 and is a member of the UK Institute of Directors, the Association of International Petroleum Negotiators and the American Association of Petroleum Geologists.

David R. Robinson – Director

Mr. Robinson has over 28 years of experience in the energy sector, with a strong background in finance. He has held Management and Directorship positions in a number of TSX and TSX-V listed companies as well as his tenure as Founder and CEO of an AIM-listed exploration & production company in London, UK. Geographically, Mr. Robinson has managed companies operating all over the world and ranging from exploration to production.