MAX closes first tranche of Private Placement for $194,000

October 1, 2015 TSX-V: MXR OTC Pink: MXROF Frankfurt: M1D

News Release

MAX closes first tranche of Private Placement for $194,000

MAX Resource Corp. (TSX.V: MXR; OTC Pink: MXROF; Frankfurt: M1D) has completed an initial closing of its non-brokered private placement announced September 18, 2015 with the issuance of 3,880,000 units at $0.05 per unit for gross proceeds of $194,000. Each unit consists of one common share and one share purchase warrant, with each warrant entitling the holder to purchase an additional common share at an exercise price of $0.10 per share until September 30, 2017. The shares, warrants and any shares acquired on the exercise of warrants will be subject to a hold period expiring on January 31, 2016. No finders’ fees were paid with respect to this placement.

On behalf of the Board of Directors of

MAX Resource Corp.

“STUART ROGERS”

Stuart Rogers President Contacts: Leonard MacMillan, Corporate Communication [email protected] Phone: 604-880-7924

Neither the 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.

This News Release includes certain "forward looking statements". Without limitation, statements regarding potential mineralization and resources, exploration results, and future plans and objectives of the Company are forward looking statements that involve various degrees of risk. The following are important factors that could cause MAX’s actual results to differ materially from those expressed or implied by such forward looking statements: changes in the world wide price of mineral commodities, general market conditions, risks inherent in mineral exploration, risks associated with development, construction and mining operations, the uncertainty of future profitability and the uncertainty of access to additional capital.