Maxim Resources Inc.

Published : December 02nd, 2011

Very Interesting Project FTJ

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Keywords :   Nickel |
Fort St. James Nickel (FTJ) appears to have great short term and long term potential. They are drilling right now.
Best Regards Colin


FOR IMMEDIATE RELEASE            TSX-V:OAR

OROANDES PURCHASES 100% OF KILOMETRE 26 PROJECT AND
CHANGES NAME TO
FORT ST. JAMES NICKEL CORP.


Vancouver, British Columbia - December 1, 2011 - OroAndes Resource Corp. (the "Company") is pleased to announce that, further to its news release of September 12, 2011, upon receiving shareholder approval and acceptance by the TSX Venture Exchange, it has completed the acquisition (the "Acquisition") from Eastfield Resources Ltd. (TSX-V:ETF) ("Eastfield") of a 100% interest in the Kilometre 26 Property (the "Property").  Pursuant to the terms of the purchase agreement between the Company and Eastfield, the Company has issued to Eastfield 20,000,000 common shares in the capital of the Company (the "Payment Shares") and Eastfield has agreed that it will, forthwith upon expiration of the four month and one day hold period (being April 2, 2012), distribute the Payment Shares to Eastfield's shareholders pro-rata in accordance with the number of common shares of Eastfield held by each such shareholder.
As accepted by the TSX Venture Exchange and approved by shareholders at the shareholder meeting held October 28, 2011, the Company has changed its name.  At open of trading on Friday, December 2, 2011, the Company's common shares will commence trading on the TSX Venture Exchange in the name Fort St. James Nickel Corp. under the trading symbol "FTJ".
The Property is comprised of 22 map staked mineral claims covering 9,819 hectares located in the Omineca Mining Division of British Columbia, in which the Company has had an option to acquire from Eastfield a 60% interest since September 2009, when it commenced exploration of the Property. As provided for in the purchase agreement between the Company and Eastfield, the option agreement between the Company and Eastfield related to the Property and all of the obligations on the part of both the Company and Eastfield under the option have terminated upon closing of the Acquisition. 
Further detail with respect to recent exploration work conducted on the Property is available in the Company's news releases, which have been electronically filed with regulators and are available for viewing on SEDAR under the Company's Issuer Profile.

For further information, please contact:
Head Office:
Sandy MacDougall
President and Chief Executive Officer Tel. 604-662-8186
Fax 604-662-8170
www.oroandes.com

.

Maxim Resources Inc.

CODE : MXM.V
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Maxim Res. is a and oil exploration company based in Canada.

Maxim Res. develops natural gas in Australia.

Its main asset in production is SELLHEIM GOLD in Australia and its main asset in development is SOUTH ERIN BLOCK in Australia.

Maxim Res. is listed in Canada, in Germany and in United States of America. Its market capitalisation is CA$ 292 050 as of today (US$ 218 813, € 209 404).

Its stock quote reached its highest recent level on December 30, 2005 at CA$ 1.10, and its lowest recent point on December 16, 2016 at CA$ 0.01.

Maxim Res. has 58 410 000 shares outstanding.

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Financings of Maxim Resources Inc.
10/3/2013PROVIDES UPDATE TO JV & FINANCING
9/11/2013Announces Update on JV and Financing with LGO
5/1/2013Laredo Announces Financing Agreement
4/11/2012Announces Private Placement
7/6/2010$1,000,000 Private Placement
Nominations of Maxim Resources Inc.
2/26/2011Announces BOARD & MANAGEMENT Changes with New Scotland
Project news of Maxim Resources Inc.
5/7/2013Laredo Resources Corp. Contracts Pony Mountain
3/14/2013Announces Non-Binding Heads of Terms for Joint Venture Agr...
1/14/2013Laredo Resources Corp. Announces Staking of Thirty-Eight Add...
12/5/2011Fort St. James hires SGS for Kilometer 26 testing
12/2/2011Very Interesting Project FTJ
8/3/2011from Maxim Resources Corp
4/4/2011WORK PROGRAM AT THE SUN PROJECT, ALASKA
3/31/2011ANDOVER HIRES GENERAL MANAGER FOR SUN PROJECT, ALASKA
11/24/2008(South Erin Block)Announces Third Development Well TD
11/12/2008(South Erin Block)Announces Second Development Well TD
Corporate news of Maxim Resources Inc.
7/31/2015Maxim Signs Extension Agreement for Closing Acquisition With...
4/7/2015Maxim Announces Annual General and Special Shareholder Meeti...
3/23/2015Maxim Signs Heads of Agreement With Quest Oil & Gas Ventures...
1/28/2015Maxim Corporate Update & Morocco Activities
1/22/2015Maxim Announces Continuance from Alberta to Ontario
1/15/2015Maxim Appoints New President, CEO and Director
12/29/2014Maxim Closes on Private Placement
12/4/2014Maxim Announces Update on Proposed Non-Brokered Private Plac...
11/20/2014Maxim Announces Price Reservation for Financing
11/4/2014Maxim Announces AGM Results
10/22/2014Maxim Resources Retainer European Investor Relations Firm
10/16/2014Maxim Completes Initial N.I. 51-101 Report on Hassi Berkane ...
10/10/2014Maxim Resources Inc. Proposed Dual Listing on AIM
7/24/2014Maxim Receives Reconnaissance Concession for Hassi Berkane B...
7/21/2014Maxim Engages Chapman Petroleum Engineering to Manage Reproc...
6/23/2014Maxim Signs Reconaissance Contract for Hassi Berkane Block W...
6/3/2014Maxim Resources and New Scotland Oil and Gas Announce Settle...
5/15/2014Maxim Announces Heads of Agreement to Acquire Reconsaissance...
9/18/2013GRYN Additions to Company
9/10/2013GREEN HYGIENICS Brazil Trip
9/4/2013Green Hygienics Holdings Inc.
8/12/2013and Leni Update
7/11/2013AGM
7/8/2013GRYN Worth a look see !
7/5/2013(MXM)
5/23/2013announces details on JV Agreement with LGO
5/2/2013Laredo (LRDR) Contracts Excavation Company
4/28/2013Laredo (LRDR) Heads Up
3/17/2013Halt / Laredo
3/15/2013JV Terms
3/12/2013Provides Shareholder Update
11/6/2012Heads Up on LRDR
9/12/2012to E- Mail List Sept.12
4/10/2012Announcement
3/20/2012To Maxim Shareholders
3/3/2012We have been waiting a long time for this!
3/3/2012Corporate Update
2/28/2012Fort St James Nickel (FTJ) Follow Up
2/28/2012Nickel-Iron Alloy (FTJ)
2/24/2012Fort Saint James Nickel (FTJ)
12/6/2011Fort St. James Nickel
5/19/2011(MXM) Market Depth
3/30/2011Andover clarifies disclosures after BCSC review
3/11/2011Andover News
2/25/2011Announces Board & Management Changes With New Scotland
8/9/2010Signs offer to purchase with Alberta Oilsands Inc.
7/28/2010Share Consolidation
6/22/2010corporate update on activities
6/9/2010to Aquire Trinidad based On-Shore Oil Producer
5/10/2010Reduces High Island Interest to 8%
2/10/2009ANNOUNCES PRODUCTION RESUMED AT HIGH ISLAND
12/11/2008Maxim Trinidad Drilling Update
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