Maxtech Ventures is an early stage developer of mineral projects worldwide with a focus on near term manganese production
Building Through International Mining Properties
Maxtech Ventures Inc. is a Canadian based diversified industries company building through the acquisition of international mining properties. The primary business focus has been the assembly and acquisition of key mineral projects for future exploration. Our goal is to become a force in the Green Energy Revolution first through the development of manganese deposits and other strategic minerals, and ultimately as a significant low-cost supplier of manganese for industry and to the burgeoning LMC battery market and vanadium to those companies building large battery storage facilities.
Vision
The company is presently targeting mining properties in North Africa and South America which are rich in deposits. In Brazil alone Maxtech has positioned itself with more than 40,000 hectares of potential high grade Mn claims. Maxtech’s long term strategy is to build an international industrial minerals company to produce and sell manganese ore and processed Mn as well as vanadium into the global markets of Europe, North America and Asia.
Maxtech Ventures Inc. is a Canadian based diversified industries company building through the acquisition of international mining properties. The primary business focus has been the assembly and acquisition of key mineral projects for future exploration. Our goal is to become a force in the Green Energy Revolution first through the development of manganese and vanadium deposits. The company intends to establish itself globally as a significant low-cost supplier of manganese to the burgeoning lithium battery industry and vanadium to those companies building large battery storage facilities.
The company is presently targeting mining properties in North Africa and South America which are rich in deposits. In Brazil alone Maxtech has positioned itself with more than 40,000 hectares of potential high grade Mn claims. Maxtech’s long term strategy is to build an international industrial minerals company to produce and sell manganese ore and processed Mn and vanadium into the global markets of Europe, North America and Asia.
The Company is focused on becoming a low-cost supplier of high grade manganese to global markets and vanadium.
The market for manganese is three-fold: in fertilizer, it is an essential nutrient in photosynthesis creating greener crops; for steel production in the creation of alloys; and in high-grade form it is becoming more prevalent in the battery market.
Initial Focus
The Company’s initial project in Brazil is a large land package with assayed high grade manganese samples of 51.4% to 55.9% on 4 mineral claims of + 40,000 hectares in the State of Mato Grosso, Brazil.
Exploration in the state of Mato Grosso was designed to test the character and expand the size of colluvium showings that had been identified on the properties. Surface exploration by the prospecting team uncovered unknown manganese bearing clasts and cobbles. The pitting program consisted of hand dug pits and the contents were sifted with manganese bearing clasts separated and collected leaving the soil and other clasts behind. The pits were filled in and the surface returned to a natural state. The selected samples in this program were grab samples from the pits and were screened for testing. The analyses was done by SGS Geosol Laboratorios LTDA., Belo Horizonte, Brazil.
Maxtech has entered into an agreement with Maringá Ferro-Liga to enable the joint evaluation, exploration and potential acquisition of project specific manganese assets in Brazil, and if justified, to engage in the development and mining of specific claims. Maxtech and Maringa will sign project-specific agreements between the parties prior to engaging in any operations on properties.The agreement shall have a term of 3 years and is non-exclusive.
Founded in 1946, Grupo Maringá now has over 2,000 employees with over USD $200 million in 2016 revenues. The Maringá companies are located in the states of Paraná and São Paulo. They produce sugar cane, sugar, ethanol, energy and manganese alloy. Maringá Ferro-Liga S.A. is a subsidiary of Grupo Maringá and is located in Itapeva, State of São Paulo. It is the second largest manganese ferroalloy producer in South America, producing high quality silico-manganese and high-carbon ferromanganese.
Management
Maxtech Ventures has assembled a group of veterans in mining and exploration, acquisitions and field management to guide the development of their mineral interests.
PETER WILSON, CEO
Mr. Wilson has been the lead financier for public and private companies raising over $300 million worth of equity and debt financings in the mining and energy fields internationally during the last 20 years. An experienced corporate executive, he has extensive relationships in project acquisition, corporate structure and finance specializing in but not limited to the global resource sector. As president of Hana Mining Ltd based in Vancouver, Canada, he orchestrated the creation and discovery of a major copper/silver district in Botswana, Africa positioning Hana into a market capitalization of over $580 million dollars. Prior to these involvements, Mr. Wilson served as Vice President of Samoth Capital Corporation a $150 million TSE listed merchant bank involved in participating real estate lending and development throughout the southwestern United States and Canada.
RYAN CHEUNG, CFO
Mr. Cheung is the founder and managing partner of MCPA Services Inc., chartered professional accountants, in Vancouver, B.C. Leveraging his experience as a former auditor of junior venture and resource companies, Mr. Cheung serves as a director and/or officer or consultant for public and private companies providing financial reporting, taxation and strategic guidance. He has been an active member of the Chartered Professional Accountants of British Columbia (formerly Institute of Chartered Accountants of British Columbia) since January, 2008. Mr. Cheung holds a diploma in accounting from the University of British Columbia and a bachelor of commerce in international business from the University of Victoria.
JOHN HARPER, CONSULTING GEOLOGIST
Mr. Harper is an international mineral exploration geoscientist and consultant with over 30 years industry experience in base and precious metals, manganese, uranium and diamond exploration. He is a member in good standing of the Association of Professional Engineers and Geoscientists of Alberta (APEGA) and Ontario (APGO). His international experience has taken him to projects throughout North America, Brazil and Africa. For the past several years, his expertise has taken him to Brazil where he has managed comprehensive exploration programs for Cancana’s manganese claims.
MERIS KOTT, PRESIDENT COMMERCIAL
Ms. Kott is a global consultant and business development specialist. She attends trade shows and global seminars forging strategic relationships for Maxtech worldwide. She is key to the mining operations of Maxtech and works closely with our teams. She has an economics degree from McGill University and a Design Engineering degree.
Directors
EUGENE HODGSON, INDEPENDENT DIRECTOR
Mr. Hodgson is a graduate of the University of Calgary and holds a Bachelor of Arts Degree in Political Science. He has held senior positions in both the public sector for the Northwest Territories and British Columbia governments. He has served on the Board of Directors of various companies including Grandfield Pacific Corporation, Arimex Resources Inc., Equitable Real Estate Investment Corp., Sea Breeze Power Corp. Silvermex Resources Inc., Chair of Pacific Cascade Minerals and Director of Timmins Gold Corp. a TSE and NYSE listed company.
ALEX TSAKUMIS, DIRECTOR
Mr. Tsakumis has over 25 years investment experience within the North American capital markets with private and public companies. Beginning his career in 1989, he has experience in capital formation, management and growth of listed companies including mergers and acquisitions, finance, corporate governance, marketing and corporate communications. Born and raised in Vancouver, Mr. Tsakumis is a graduate of University of British Columbia with a BA in Economics.
SANTOKH SAHOTA, DIRECTOR
Mr. Sahota has been involved for over forty years in the acquisition, development, management, and disposal of both commercial and residential real estate. He has also been involved with a range of other businesses over the years, with investments in both private and public entities and in fields as varied as hospitality (restaurants, bars, nightclubs), and mining.
PROJECTS
Brazil
The Company’s First Project in Brazil is a large land package of assayed high grade manganese of 51.4% to 55.9% on 4 mineral claims of + 40,000 ha in the State of Mato Grosso, Brazil.
Manganese is primarily known for its uses in steel production, which makes up about 90% of the metal’s demand. However, it is less known for its important uses in batteries and particularly fertilizers.
Manganese is an essential micronutrient that is needed for plant and animal life. While it is needed in lesser amounts than the major fertilizer elements (N, P, K), the metal is essential for healthy growth of plants.
As the world’s largest net agricultural supplier, Brazil is the world’s breadbasket and agribusiness makes up almost a quarter of the country’s GDP.
Project – Mato Grosso
Project Overview
Maxtech Ventures has four claims totalling near 40,000 hectares in the Juina are in the Mato Grosso region of Brazil.
The Company’s exploration in the state of Mato Grosso was designed to test the character and expand the size of colluvium showings that had been identified on the properties. Surface exploration by the prospecting team uncovered unknown manganese bearing clasts and cobbles. The pitting program consisted of hand dug pits and the contents were sifted with manganese bearing clasts separated and collected leaving the soil and other clasts behind. The pits were filled in and the surface returned to a natural state.
Maxtech has begun the next phase of operation on its portfolio of claims in the Juina area of Mato Grosso by filing a “GUIA” application or trial mining license on one of the Company claims.
These claims contain numerous manganese occurrences found through reconnaissance prospecting to date. Analyses of the grab samples taken from surficial cobbles located within these claims returned values of 51.4% to 55.9% Mn. (as released May 4th). The analyses were performed by SGS Geosol Laboratorios LTDA of Belo Horizonte, Brazil.
In conjunction with the company’s strategic partner in Brazil, Maxtech has begun a new due diligence phase on additional claims with high-grade potential and a timeframe in which to ramp up a full mining plan in the Mato Grosso area.
Maxtech is planning to expand its Brazilian operation into other states of the country including Rondonia and Goias.
Strategic Partner:Maringa Ferro-Liga SA
Zambia
Zambia is one of the largest copper producers in Africa, and draws revenue from mining companies through taxes and royalties. At the recent Mining Indaba 2018 conference in Cape Town, South Africa, the Zambian Minister of Mines and Mineral Development, Hon Christopher Yaluma noted Zambia remained one of the most favorable Investment destinations in Southern Africa. Hon Yaluma added that Zambia due to the new mining policy instituted in 2014 is a lucrative mining jurisdiction for investors and global mining companies.
CORPORATE DATA
Exploration & Research on Manganese Assets
Maxtech Mining Zambia has been established as a subsidiary of Maxtech Ventures. In conjunction with Maxtech’s strategic development partner GeoQuest, the Company has 2 large scale exploration licenses to explore potential high grade manganese deposits in Zambia in AOl 1 & AOl 2 visible on the map above and they have both been validated by the Zambian Minister of Mining. The Company is actively evaluating more areas of interest where manganese mineralization is visible with an emphasis on researching claims with established histories of manganese occurrences. In addition, Maxtech is seeking further global off-take partners to complete a vertical manganese operation platform in the region.
Strategic Partner:GeoQuest Limited, Lusaka, Zambia
Source: http://www.maxtech-ventures.com/
FN Media Group LLC (FNMG) owns and operates FinancialNewsMedia.com (FNM) which is a third party publisher that disseminates electronic information through multiple online media channels. FNMG’s intended purposes are to deliver market updates and news alerts issued from private and publicly trading companies as well as providing coverage and increased awareness for companies that issue press to the public via online newswires. FNMG and its affiliated companies are a news dissemination and financial marketing solutions provider and are NOT a registered broker/dealer/analyst/adviser, holds no investment licenses and may NOT sell, offer to sell or offer to buy any security. FNMG’s market updates, news alerts and corporate profiles are NOT a solicitation or recommendation to buy, sell or hold securities. The material in this release is intended to be strictly informational and is NEVER to be construed or interpreted as research material. All readers are strongly urged to perform research and due diligence on their own and consult a licensed financial professional before considering any level of investing in stocks. The companies that are discussed in this release may or may not have approved the statements made in this release. Information in this release is derived from a variety of sources that may or may not include the referenced company’s publicly disseminated information. The accuracy or completeness of the information is not warranted and is only as reliable as the sources from which it was obtained. While this information is believed to be reliable, such reliability cannot be guaranteed. FNMG disclaims any and all liability as to the completeness or accuracy of the information contained and any omissions of material fact in this release. This release may contain technical inaccuracies or typographical errors. It is strongly recommended that any purchase or sale decision be discussed with a financial adviser, or a broker-dealer, or a member of any financial regulatory bodies. Investment in the securities of the companies discussed in this release is highly speculative and carries a high degree of risk. FNMG is not liable for any investment decisions by its readers or subscribers. Investors are cautioned that they may lose all or a portion of their investment when investing in stocks. This release is not without bias, and is considered a conflict of interest if compensation has been received by FNMG for its dissemination. To comply with Section 17(b) of the Securities Act of 1933, FNMG shall always disclose any compensation it has received, or expects to receive in the future, for the dissemination of the information found herein on behalf of one or more of the companies mentioned in this release. For current services performed FNMG has been compensated forty nine hundred dollars for MaxTech Ventures Inc. current news coverage by a non-affiliated third party. FNMG HOLDS NO SHARES OF MaxTech Ventures Inc.
This release contains “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. “Forward-looking statements” describe future expectations, plans, results, or strategies and are generally preceded by words such as “may”, “future”, “plan” or “planned”, “will” or “should”, “expected,” “anticipates”, “draft”, “eventually” or “projected”. You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, and other risks identified in a company’s annual report on Form 10-K or 10-KSB and other filings made by such company with the Securities and Exchange Commission. You should consider these factors in evaluating the forward-looking statements included herein, and not place undue reliance on such statements. The forward-looking statements in this release are made as of the date hereof and FNMG undertakes no obligation to update such statements.