Mr. Arthur Brown reports
MAXIM RESOURCES INC.: CEASE TRADE ORDER REVOKED
The British Columbia Securities Commission has issued a revocation order dated Aug. 4, 2009, to Maxim Resources Inc., that grants full revocation of the cease trade order that was issued by the BCSC in effect against Maxim dated May 4, 2009. On July 31, 2009, Maxim filed its annual audited financial statements and management discussion and analysis for the period ended Dec. 31, 2008. The delay in Maxim's filing of the financial statements was due to reconciliation issues between Maxim's Trinidadian operations and Canadian GAAP. Maxim does not anticipate having this reconciliation issue in the future.
Subject to the approval of the TSX Venture Exchange, Maxim expects to commence trading shortly on the TSX-V under the symbol MXM.
Maxim has no material undisclosed future business plans as of the date hereof.
We seek Safe Harbor.