Maxim Resources Inc.
Suite 1050 409 Granville St. V6C 1T2 Vancouver, BC, Canada
Category
General Information
Locality: Vancouver, British Columbia
Phone: +1 604-561-0840
Address: Suite 1050 409 Granville St. V6C 1T2 Vancouver, BC, Canada
Website: www.maximresources.com
Likes: 31
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Proactiveinvestors.co.uk - Maxim Resources CEO interview on Quest Oil & Gas Heads of Agreement http://ow.ly/KJ8RD
Toronto-listed Maxim Resources close to completing AIM float, says CEO http://ow.ly/KJ8rs
Maxim Signs Heads Of Agreement With Quest Oil & Gas Ventures Inc. http://ow.ly/KI2EE TORONTO, ONTARIO, March 23 2015 Maxim Resources Inc. (TSX VENTURE: MXM)("Maxim" or the "Company") is pleased to announce that it has entered into a non-binding Heads of Agreement (the HOA) dated effective March 20, 2015 with Dubai based Quest Investments LLC (QI) and its wholly owned subsidiary Quest Oil & Gas Ventures Inc. (Quest). Upon completion of the transactions contemplated in... the HOA, Quest will become a significant shareholder of the Company, and Maxim will acquire up to a 25% indirect equity ownership interest in an oil and gas exploration and production concession (the "Concession") covering an onshore area of 747km2within the Emirate of Umm Al-Quwain, in the United Arab Emirates (the UAE). The Concession Rights are held pursuant to a Petroleum Concession Agreement, (PCA) in the Emirate of Umm Al-Quwain in the UAE held by UAQ Petroleum Limited (UAQ PL), a Hong Kong domiciled company. UAQ PL is a subsidiary of Canemir Petroleum (UAQ) Corp. (Canemir), domiciled in the British Virgin Islands. Canemir is owned 50% by Quest and 50% by Arawak Euroasia FZE (Arawak), which is part of the Vitol Group. Pursuant to the terms of the HOA, Maxim will acquire 50% of the issued and outstanding shares of Quest (Quest Shares), which will in turn provide Maxim with an indirect 25% equity ownership interest in Canemir. Pursuant to the HOA and subject to the negotiation and execution of definitive agreements, Maxim can acquire up to a 50% interest in Quest through a staged transaction, involving the exchange of common shares in the capital of Maxim (Maxim Shares)and cash considerationfor shares in Quest. Closing of the final stage of the transaction is scheduled to occur on or around June 12, 2015, or such other date as mutually agreed to by the parties. Upon completion of the transactions contemplated in the HOA, Quest may own more than 20% of the issued and...
Proactive Investors - Maxim Resources CEO on UAE deal and upcoming AIM listing http://ow.ly/NP2zO
Maxim Signs Definitive Agreement With Quest Oil & Gas Ventures Inc. http://ow.ly/NP1LJ
Proactiveinvestors.co.uk - Maxim Resources CEO interview on Quest Oil & Gas Heads of Agreement http://ow.ly/KJ8RD
Toronto-listed Maxim Resources close to completing AIM float, says CEO http://ow.ly/KJ8rs
Maxim Signs Heads Of Agreement With Quest Oil & Gas Ventures Inc. http://ow.ly/KI2EE TORONTO, ONTARIO, March 23 2015 Maxim Resources Inc. (TSX VENTURE: MXM)("Maxim" or the "Company") is pleased to announce that it has entered into a non-binding Heads of Agreement (the HOA) dated effective March 20, 2015 with Dubai based Quest Investments LLC (QI) and its wholly owned subsidiary Quest Oil & Gas Ventures Inc. (Quest). Upon completion of the transactions contemplated in... the HOA, Quest will become a significant shareholder of the Company, and Maxim will acquire up to a 25% indirect equity ownership interest in an oil and gas exploration and production concession (the "Concession") covering an onshore area of 747km2within the Emirate of Umm Al-Quwain, in the United Arab Emirates (the UAE). The Concession Rights are held pursuant to a Petroleum Concession Agreement, (PCA) in the Emirate of Umm Al-Quwain in the UAE held by UAQ Petroleum Limited (UAQ PL), a Hong Kong domiciled company. UAQ PL is a subsidiary of Canemir Petroleum (UAQ) Corp. (Canemir), domiciled in the British Virgin Islands. Canemir is owned 50% by Quest and 50% by Arawak Euroasia FZE (Arawak), which is part of the Vitol Group. Pursuant to the terms of the HOA, Maxim will acquire 50% of the issued and outstanding shares of Quest (Quest Shares), which will in turn provide Maxim with an indirect 25% equity ownership interest in Canemir. Pursuant to the HOA and subject to the negotiation and execution of definitive agreements, Maxim can acquire up to a 50% interest in Quest through a staged transaction, involving the exchange of common shares in the capital of Maxim (Maxim Shares)and cash considerationfor shares in Quest. Closing of the final stage of the transaction is scheduled to occur on or around June 12, 2015, or such other date as mutually agreed to by the parties. Upon completion of the transactions contemplated in the HOA, Quest may own more than 20% of the issued and...
January 28, 2015 Maxim Resources Inc. CEO Interview with Stock Telegraph International http://ow.ly/Ib3SV
January 28, 2015 investmentpitch.com profiles Maxim and provides corporate update video. http://ow.ly/Ib0gK
Maxim Corporate Update & Morocco Activities http://ow.ly/I75ft
http://maximresources.com//73-maxim-announces-continuance-
http://maximresources.com//72-maxim-appoints-new-president
http://maximresources.com//71-maxim-closes-on-private-plac
http://maximresources.com///67-maxim-announces-agm-results
http://maximresources.com//66-maxim-resources-retainer-eur
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