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

Privacy Statement

Maxim takes your privacy seriously, and is committed to the security, confidentiality and privacy of your personal information. The following discusses Maxim's practices and policies for information collected from this website.

Maxim does not sell, rent, or loan any information regarding its shareholders or interested parties to anyone. Any information you give us is held with the utmost care and security, and will never be used in ways to which you have not consented.

Maxim will not collect any personal information about individuals except when specifically and knowingly provided by such individuals. Maxim will not share personal aggregate or summary information regarding its shareholders with partners or any other third parties, nor will it sell or share any personal information.

Use of Information Gathered

Maxim collects certain personal information about you when you voluntarily provide it to request information from Maxim or send Maxim a message through its website. In order to process your request, the some or all of the following information must be provided (depending on the request): your name; your email address; your mailing address; your affiliation; your occupation; your telephone and/or fax number; your request; your rating of various aspects of the website; and how you heard about Maxim. Some of this information is required and the remainder is voluntarily provided.

When you request information from Maxim or register for our e-mail update list, we place you, dependent on the service you specify, on our list to receive news releases, updates, and bulletins about both Maxim directly and/or related information that is pertinent to Maxim's business model, by e-mail, mail, or fax. Additionally, if a phone number is provided we may call to ensure that such information is being received and understood in context, unless specified to the contrary.

Maxim maintains, on Maxim's computers, a back-up database of its shareholder requests for information via its website. This database is maintained internally as a record of requests for information and is for record-keeping purposes only. Maxim takes reasonable precautions to protect your personal information against unauthorized access.

Maxim collects certain non-identifiable information regarding the areas of the website you have visited, the websites from which you linked to Maxim's website, the time and date of your visit, the time spent on the website, and other statistical information that helps us to better serve you. This information is summarized in a monthly statistical analysis and cannot be used to identify any particular individual.

Both personal and statistical information about our web visitors is collected and stored on our website provider's system and its confidentiality is maintained. It is not provided to any third party and is not used for any purposes except as described above.

Cautionary Note with Respect to Third Party Links

This website may contain links to other sites. This privacy statement only applies to information collected on Maxim website. Maxim disclaims any responsibility for the privacy practices of any third party websites.

Disclaimer

Please read our cautionary notes to investors before proceeding.

The following are important notices for all investors regarding the information contained on this website. Please read these Cautionary Notes carefully and thoroughly.

Forward-Looking Statements

This discussion and disclosure on this website contains forward-looking statements within the meaning of Section 27A of the United States Securities Act and Section 21E of the United States Securities Exchange Act of 1934 concerning Maxim's plans for its properties, operations and other matters. These statements include, without limitation, statements regarding future anticipated property acquisitions, the cost, timing and content of future exploration programs, anticipated exploration program results, the discovery and delineation of mineral deposits/resources/reserves, business and financing plans, potential mining scenarios, the success of mineral processing procedures, business trends and future operating costs and revenues and may relate to analyses and other information that are based on forecasts of future results, estimates of amounts not yet determinable and assumptions of management. Information concerning mineral resource estimates also may be deemed to be forward-looking statements in that it reflects a prediction of the mineralization that would be encountered if a mineral deposit were developed and mined. Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, assumptions or future events or performance (often, but not always, using words or phrases such as "expects" or "does not expect", "is expected", "anticipates" or "does not anticipate", "plans", "estimates", "believes" or "intends", or stating that certain actions, events or results "may", "could", "would", "might" or "will" be taken, occur or be achieved) are not statements of historical fact and may be "forward-looking statements". Forward-looking statements are subject to a variety of risks and uncertainties, which could cause actual events or results to differ from those reflected in the forward-looking statements, including, without limitation:

  • risks related to commodity price fluctuations;
  • risks and uncertainties relating to the interpretation of drill results, the geology, grade and continuity of mineral deposits;
  • risks related to the inherent uncertainty of production and cost estimates and the potential for unexpected costs and expenses;
  • results of initial feasibility, prefeasibility and feasibility studies, and the possibility that future exploration, development or mining results will not be consistent with Maxim's expectations;
  • mining and development risks, including risks related to accidents, equipment breakdowns, labor disputes or other unanticipated difficulties with or interruptions in production;
  • the potential for delays in exploration or development activities or the completion of feasibility studies;
  • uncertainty of profitability based upon Maxim's history of losses;
  • risks related to failure to obtain adequate financing on a timely basis and on acceptable terms;
  • risks related to environmental regulation and liability;
  • risks related to hedging activities;
  • regulatory risks associated with mining and exploration; and other risks and uncertainties related to Maxim's prospects, properties, operating mines and business strategy

Should one or more of these risks and uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those described in forward-looking statements. Forward looking statements are made based on management's beliefs, estimates and opinions on the date the statements are made and Maxim undertakes no obligation to update forward-looking statements if these beliefs, estimates and opinions or other circumstances should change. Investors are cautioned against attributing undue certainty to forward-looking statements.

Readers are cautioned that the assumptions used in the preparation of such information, although considered reasonable at the time of preparation, may prove to be imprecise and, as such, undue reliance should not be placed on forward-looking statements. The actual results, programs and financial position of Maxim Resources Corp. could differ materially from those expressed in or implied by these forward-looking statements, and accordingly, no assurance can be given that the events anticipated by the forward-looking statements will transpire or occur, or if any of them do so, what benefits Maxim will derive there.

Maxim Resources Corp. Canadian public disclosure filings may be accessed via SEDAR at www.sedar.com and readers are urged to review these materials, including the technical reports filed with respect to Maxim's mineral properties and mining operations.

Cautionary Notes to US Investors

This website may also contain information with respect to adjacent or similar mineral properties in respect of which Maxim has no interest or rights to explore or mine. Maxim advises US investors that the US Securities and Exchange Commission's mining guidelines strictly prohibit information of this type in documents filed with the SEC. Readers are cautioned that Maxim has no interest in or right to acquire any interest in any such properties, and that mineral deposits on adjacent or similar properties are not indicative of mineral deposits on Maxim's properties.

This website and other information released by Maxim may use the terms "resources", "reserves", "inferred resources", "measured resources" and "indicated resources". United States investors are advised that, while such terms are recognized and required by Canadian securities laws, the SEC does not recognize them. Under United States standards, mineralization may not be classified as a "reserve" unless the determination has been made that the mineralization could be economically and legally produced or extracted at the time the reserve determination is made. Mineral resources that are not mineral reserves do not have demonstrated economic viability. United States investors are cautioned not to assume that all or any part of measured or indicated resources will ever be converted into reserves. Inferred resources have a great amount of uncertainty as to their existence and as to whether they can be mined legally or economically. It cannot be assumed that all or any part of the inferred resources will ever be upgraded to a higher category. Therefore, United States investors are also cautioned not to assume that all or any part of the inferred resources exist, or that they can be mined legally or economically.

National Instrument 43-101 Standards of Disclosure for Mineral Projects ("NI 43-101") is a rule developed by the Canadian Securities Administrators, which established standards for all public disclosure an issuer makes of scientific and technical information concerning mineral projects. Unless otherwise indicated, all reserve and resource estimates disclosed in this web site or in other information released by Maxim will be prepared in accordance with NI 43-101 and the Canadian Institute of Mining, Metallurgy and Petroleum (the "CIM") Standards on Mineral Resource and Mineral Reserves, adopted by the CIM Council on November 14, 2004 (the "CIM Standards") as they may be amended from time to time by the CIM. United States investors are cautioned that the requirements and terminology of NI 43-101 and the CIM Standards differ significantly from the requirements and terminology of the SEC set forth Industry Guide 7. Accordingly, Maxim's disclosures regarding mineralization may not be comparable to similar information disclosed by companies subject to the SEC's Industry Guide 7.

Corporate Directory

Stock Symbol

TSX-V: MXM

Legal and Accounting - Canada

Raj Dewan – Weir Folds LLP (partner)

Cyrus Driver - Davidson and Company LLP

Auditor

Mackay LLP, Chartered Accountants

Transfer Agent

Valiant Trust Company

Industry Classification

Oil and Gas – Energy

Reporting Jurisdictions

British Columbia, Alberta

Date of Formation

Jan 25, 1988

CUSIP Number

577757 206

Financial Year-End

December 31

 

Solicitors to the Company as
to Canadian law

WeirFoulds LLP
4100 - 66 Wellington Street West
P.O. Box 35
Toronto-Dominion Centre
Toronto
Ontario
Canada M5K 1B7

Auditor

Crowe Mackay

Registrar and Transfer Agent 
to the Company, Canada

Computer Share

Depositary

Computer Share UK

 

 

 

Corporate Governance

Code of Conduct

Maxim is committed to high standards of legal and ethical business conduct and has a Code of Business Conduct and Ethics that summarizes the regulatory, legal, and ethical standards that Maxim, its Directors, Officers and Employees, apply in order to conduct the business of the Company.

Corporate Standards

Maxim is committed to complying with laws and governmental regulations applicable to its activities in its countries of operation, to maintaining a safe and healthy work environment and conducting its exploration and production operation’s in compliance with the respective country’s environmental laws.

Community Relations

Maxim intends to be a positive influence in the local communities where its mineral projects are located, by contributing to the welfare of such communities through donations of money and supplies, Maxim is committed to hiring local workers with appropriate qualifications to assist in ongoing exploration and production operations.

Audit Committee 

The Group has established an Audit Committee, which comprises Arthur Brown, Ian Baron and David Stadnyk, being non-executive members of the Board, with Arthur Brown appointed as chairman. The Audit Committee’s main functions include, inter alia, reviewing and monitoring internal financial control systems and risk management systems on which the Group is reliant, considering annual and interim accounts and audit reports, making recommendations to the Board in relation to the appointment and remuneration of the Group’s auditors and monitoring and reviewing annually their independence, objectivity, effectiveness and qualifications.

Remuneration Committee

The Group has established a Remuneration Committee, which comprises Ian Baron, Andrew Male and Arthur Brown, is chaired by Ian Baron, and meets as often as required to enable the Remuneration Committee to fulfil its obligations to the Group. The Remuneration Committee will be responsible for reviewing the performance of the Chairman and the executive directors and for setting the scale and structure of their remuneration, paying due regard to the interests of Shareholders as a whole and the performance of the Group. The Remuneration Committee will also approve the design of and determine targets for any performance-related pay schemes operated by the Group.

Nominations Committee

The Group has established a Nominations Committee which comprises Authur Brown, Cyrus Driver and David Stadnyk is chaired by Auther Brown, and meets when required. The Nominations Committee will consider the selection and re-appointment of Board members. It will identify and nominate candidates to fill Board vacancies and review regularly the structure, size and composition (including the skills, knowledge and experience) of the Board and make recommendations to the Board with regard to any changes.

Corporate Structure

This page is currently being updated.