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Maximus Agrees To Brokered Private Placement Of 10,000,000 Units
To Raise $3,000,000
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September 19, 2007 - Longueuil, Qu�bec -- Maximus Ventures Ltd. (the
"Company") announces that it has entered into an agreement with Dundee
Securities Corporation ("Dundee") and Primary Capital Incorporated
("Primary Capital") pursuant to which Dundee and Primary Capital will
act as the Company's agents on a "best efforts" basis to place up to
10,000,000 Units at a price of $0.30 per Unit for gross proceeds of
$3,000,000. Each Unit is comprised of one common share of the Company
and one common share purchase warrant. Each warrant will entitle the
holder to purchase one common share of the Company at a price of $0.40
per share for a period of 18 months from the Closing Date. The Company
will have the right to accelerate the termination of the exercise
period of the warrants at any time after the date which is 4 months
after the Closing Date, if the closing price of the common shares is
$0.40 or more for a period of 30 consecutive trading days. The Closing
Date of the placeme nt is set to occur on or around October 15, 2007

Dundee and Primary Capital will receive a cash commission equal to 6%
of the gross proceeds from the sale of the Units and broker warrants
equal to 6% of the number of Units issued, each warrant entitling the
holder to purchase one common share of the Company at a price of $0.30
per share for a period of 18 months from the Closing Date. Proceeds
from the sale of the Units will be used by the Company for exploration
expenditures on its projects in Canada and Idaho, USA and for general
working capital purposes.

This placement is subject to acceptance by the TSX Venture Exchange.

"This financing provides the Company with required liquidities to
pursue without interruption its aggressive exploration programs on its
exploration projects in Canada and the USA, until the situation
surrounding the Company's Canadian asset-backed commercial paper
("ABCP") situation is resolved" said Francois Viens, President and CEO.
"This funding will also allow us to consider the acquisition of
additional quality projects to allow for continued growth of the
Company."

RCGT appointed Auditors

The Company has appointed Raymond Chabot Grant Thornton LLP ("RCGT"),
Chartered Accountants of Montreal, Quebec (the "Successor Auditor") as
the Company's auditor effective as of September 6, 2007. Davidson &
Company LLP ("Davidson"), Chartered Accountants of Vancouver, British
Columbia (the "Former Auditor"), in consultation with the Company, have
resigned as the Company's auditor.

The change in auditors was approved by both the Audit Committee and the
Board of Directors. In accordance with the requirements of National
Instrument 51-102, Continuous Disclosure Obligations, A Notice of
Change of Auditor ("Notice") was provided to both RGCT and Davidson. In
this Notice, the Company represents that there were no reservations in
the Former Auditor's reports in connection with the audits of the two
most recently completed fiscal years and for any period subsequent to
the most recently completed period for which an audit report was
issued. There are no reportable events including disagreements,
unresolved issues and consultations, as defined in the National
Instrument, between the Company, the Former Auditor or the Successor
Auditor.

Forward-looking Statements

This release contains certain "forward-looking statements". All
statements, other than statements of historical fact, that address
activities, events or developments that the Company believes, expects
or anticipates will or may occur in the future, are forwardlooking
statements. Forward- looking statements reflect the current internal
projections, expectations or beliefs of the Company based on
information currently available to the Company. Forward- looking
statements are subject to a number of risks and uncertainties,
including those detailed from time to time in filings made by the
Company with securities regulatory authorities, that may cause the
actual results of the Company to differ materially from those discussed
in the forward- looking statements, and even if such actual results are
realized or substantially realized, there can be no assurance that they
will have the expected consequences to, or effects on, the Company.

For further information please contact:

Fran�ois Viens
President and CEO
Maximus Ventures Ltd.
Telephone: (450) 677-1009
Facsimile: (450) 677-2601
www.maximusventures.com

The TSX Venture Exchange has neither approved nor disapproved of the
contents of this news release.

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Copyright (c) 2007 MAXIMUS VENTURES LTD. (MXV) All rights reserved.
For more information visit our website at
http://www.maximusventures.com/ or send mailto:info@maximusventures.com
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