Max Resource Corp. (TSXV:MXR) entered into a binding letter of intent to acquire Condoto Platinum Limited, GPS Metals Labs and Global Products Manufacture & Services S.A.S. from Noble Metals Limited on June 14, 2018. Pursuant to the terms of offer, Max Resource will issue common stock represents approximately 35% of its issued and outstanding shares on completion and a cash payment of CAD 0.5 million. CAD 0.1 million is payable within 5 days after receipt of conditional approval from TSX, CAD 0.15 million as a non-refundable deposit on completion of due diligence and execution of definitive agreement and remaining CAD 0.25 million is payable upon closing. Upon completion, Noble becomes a control person of Max Resource. There will be no finder's fee payable in connection with the transaction. William Hayden will join Board of Max Resource as Non-Executive Chairman. The transaction is subject to approval from shareholders of both Max Resource and Noble Metals, approval from TSX Venture Exchange, satisfactory completion of due diligence investigation by Max Resource and execution of definitive agreement. Max Resource Corp. (TSXV:MXR) cancelled the acquisition of Condoto Platinum Limited, GPS Metals Labs and Global Products Manufacture & Services S.A.S. from Noble Metals Limited on January 9, 2019. Subsequently, Max Resource agreed to acquire Condoto assets.