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Max Resource finalizes debt settlement and option deal with Bolt Metals for Florália Iron Property in Brazil.

Company Fundamentals
12 Jun 2026
Newsfile Corp
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Bullish
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Max Resource Corp. has completed a debt settlement and option agreement with Bolt Metals Corp. related to exploration costs on the Florália High Purity Iron Property in Brazil. Bolt issued Max 4 million shares and 2 million pre-funded warrants, and has the option to acquire 100% of the property by issuing up to 26.8 million shares to Max Iron over 30 months. The property is strategically located near major infrastructure and markets, with promising iron ore exploration potential. This deal supports Max's ongoing projects in South America and strengthens its financial and strategic position.

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