Max Resource Recognized as a Top 10 Ranked Company in the Mining Sector by the TSX Venture 50(TM) for 2021

Vancouver, British Columbia--(Newsfile Corp. - February 24, 2021) - MAX RESOURCE CORP. (TSXV: MXR) (OTC Pink: MXROF) (FSE: M1D2) ("Max" or the "Company") is pleased to report it has ranked in the top 10 performing mining stocks in the 2021 TSX Venture 50™, which is comprised of the top 50 from over 1,600 companies on the TSX Venture Exchange.

The selected Venture 50™ companies have seen tremendous growth over 2020, offered excellent returns to their shareholders, and are actively traded in the market.

"This esteemed award validates the quality copper-silver and gold exploration assets assembled by the Company and recognizes the achievements of our in-country exploration teams in both Colombia and Peru," commented Max CEO, Brett Matich.

"For 2021, which we anticipate to be the most active year yet, we are committed to maximizing returns for our shareholders," he concluded.

ABOUT THE VENTURE 50™

The Venture 50™, the Exchange's flagship program, showcases the top performing listed companies from five industry sectors: Clean Technology and Life Sciences, Diversified Industries, Energy, Mining, and Technology. Winners are selected based on year-over-year performance across three equally-weighted criteria: market capitalization growth, share price appreciation and trading volume for the year ended December 31, 2020.

For more information visit: www.tsx.com/venture50.

ABOUT MAX RESOURCE CORP.

Max Resource Corp. is advancing both its district-scale CESAR copper-silver project in Colombia and the newly acquired RT Gold project in Peru. Both projects have potential for the discovery of large-scale mineral deposits; both sedimentary copper-silver and porphyry copper in Colombia and high-grade gold porphyry and massive sulfide in Peru. Max Resource is recognized in the Top 10 Ranking in the Mining Sector of the 2021 TSX Venture 50™.

For more information visit: https://www.maxresource.com/

For additional information contact:
Max Resource Corp.
Tim McNulty
E: info@maxresource.com
T: (604) 290-8100

*The Venture 50 ranking is provided by TSX Venture Exchange Inc. ("TSXV") for information purposes only. Neither TMX Group Limited nor any of its affiliated companies guarantees the completeness of this information, and are not responsible for any errors or omissions in or any use of, or reliance on, this information. The Venture 50 program is not an invitation to purchase securities listed on TSX Venture Exchange. TSXV and its affiliates do not endorse or recommend any of the referenced securities or issuers, and this information should not be construed as providing any trading, legal, accounting, tax, investment, business, financial or other advice and should not be relied on for such purposes.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Except for statements of historic fact, this news release contains certain "forward-looking information" within the meaning of applicable securities law. Forward-looking information is frequently characterized by words such as "plan", "expect", "project", "intend", "believe", "anticipate", "estimate" and other similar words, or statements that certain events or conditions "may" or "will" occur. Forward-looking statements are based on the opinions and estimates at the date the statements are made and are subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those anticipated in the forward-looking statements including, but not limited to delays or uncertainties with regulatory approvals, including that of the TSXV. There are uncertainties inherent in forward-looking information, including factors beyond the Company's control. There are no assurances that the commercialization plans for Max Resources Corp. described in this news release will come into effect on the terms or time frame described herein. The Company undertakes no obligation to update forward-looking information if circumstances or management's estimates or opinions should change except as required by law. The reader is cautioned not to place undue reliance on forward-looking statements. Additional information identifying risks and uncertainties that could affect financial results is contained in the Company's filings with Canadian securities regulators, which filings are available at www.sedar.com.

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