Mr. Brett Matich reports

MAX RESOURCE REPORTS U.S. INVESTOR STRATEGY VIA OTCQB LISTING

Max Resource Corp. has applied for its ordinary shares to be admitted to trading on the OTCQB.

Listing on the OTCQB is an important step in enhancing the company's visibility with U.S. investors, improving trading accessibility and advancing its capital market strategy.

The company's common shares would continue to trade on the TSX Venture Exchange under the symbol MAX. The company's OTCQB application is subject to OTC Markets' review and approval.

Additionally, the company's common shares are eligible for settlement through the Depository Trust Company, a subsidiary of the Depository Trust & Clearing Corp., which facilitates the electronic clearing and settlement of publicly traded companies in the United States. DTC eligibility reduces costs, and accelerates the settlement process for investors and brokers in the United States, allowing the company's common shares to be traded more easily across a wider range of U.S. brokerage firms by fulfilling their compliance requirements.

"We believe that uplisting on the OTCQB would expand Max's exposure to U.S. investors, increase trading accessibility and liquidity, and support the company's efforts to build a broader international shareholder base as the exploration season advances into full swing," commented Max chief executive officer Brett Matich.

"Updates in connection with the company's activities of Mora gold, Sierra Azul copper-silver and the Floralia high-purity iron option agreement with CSE-listed Bolt Metals Corp. will be released shortly," he concluded.

About Max Resource Corp.

Max Resource is a mineral exploration company listed on the TSX-V focused on copper and precious metal assets in Colombia (Mora gold-silver and the fully financed Sierra Azul copper-silver) and exploration development of the fully financed Floralia high-purity iron project in Brazil.

Sierra Azul copper-silver in Colombia (wholly owned) sits along the Colombian portion of the world's largest producing copper belt (Andean belt) adjacent to world-class infrastructure and the presence of global majors (Glencore and Chevron). The project is fully financed by global miner Freeport-McMoRan relating to rights to earn up to 80 per cent by financing $50-million of accumulated expenditures. Backed by support of Freeport-McMoRan, the Max team views as validation the geological and mining potential of Sierra Azul. The 2026 exploration season is well under way. On April 28, 2026, Max reported that high-grade channel results over intervals from 16 to 59 metres significantly expanded the Manto-style mineralized footprint to over eight square kilometres within the AM district.

Mora gold-silver in Colombia (right to purchase 100 per cent) lies along the most productive Middle Cauca gold belt, encompassing numerous historic workings, five active mines and a series of exposed polymetallic structures spread over 2,500 m by 1,000 m. Mora's 8.2-kilometre border is surrounded by Collective Mining's Guayabales gold project and Aris Mining's Marmato mining operations (proven plus probable reserve: 31.3 million tonnes of 3.2 grams per tonne gold, measured and indicated resource: 61.5 Mt of 3.0 g/t Au for 9.2 million ounces). On Feb. 26, 2026, Max reported the completion of a lidar survey and progress of the PTO and channel sampling along the entire tunnels of the El Oso and the El Cielo underground mine, all within the NAN zone. Work continues to outline the continuity of the 5,000-metre Marmato-type mineralized corridor.

Max cautions investors that the gold mineralization at the Marmato gold deposit may not necessarily be indicative of similar mineralization at the Mora property. Max further advises the qualified person has been unable to verify the information on Marmato and that the information is not necessarily indicative to the mineralization on the Mora property.

The Floralia high-purity iron project in Brazil (wholly owned) lies adjacent to the largest iron ore mines in Minas Gerais, Brazil's largest iron ore and steel producing state (initial exploration target of 50 million to 70 million tonnes at 55 per cent to 61 per cent Fe and fully financed through a letter of intent option to purchase reported Oct. 2, 2025, by Bolt Metals, issuing an aggregate of 32.3 million Bolt shares). Exploration includes airborne lidar/magnetic survey and channel sampling a historical pit/road, 761 metres of diamond and 915 metres of auger drilling, dry magnetic testwork, and environmental surveys. The transaction is subject to satisfactory due diligence and applicable regulatory approvals. Since the execution of the LOI, Bolt has received gross proceeds of $9.6-million from private placements.

Max cautions investors the potential quantity and grade of the iron ore are conceptual in nature, and further cautions there has been insufficient exploration to define a mineral resource and Max is uncertain if further exploration will result in the exploration target being delineated as a mineral resource. Hematite mineralization tonnage potential estimation is based on in situ high-grade outcrops and interpreted and modelled magnetic anomalies. Density value used for the estimate is 3.0 tonnes per cubic metre. Hematite sample grades range between 55 and 61 per cent Fe. The 58 channel samples were collected for chemical analysis from in situ outcrops in previously mined slopes of industrial materials.

Qualified person

The company's disclosure of a technical or scientific nature in this news release was reviewed and approved by Tim Henneberry, PGeo (British Columbia), a member of the Max Resource advisory board, who serves as a qualified person under the definition of National Instrument 43-101.

We seek Safe Harbor.