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Maxim Resources Inc.

Publié le 02 décembre 2011

Very Interesting Project FTJ

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Mots clés associés :   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. est une société d’exploration minière et de pétrole basée au Canada.

Maxim Res. est en développement de projets de gaz en Australie.

Son principal projet en production est SELLHEIM GOLD en Australie et son principal projet en développement est SOUTH ERIN BLOCK en Australie.

Maxim Res. est cotée au Canada, aux Etats-Unis D'Amerique et en Allemagne. Sa capitalisation boursière aujourd'hui est 292 050 CA$ (218 813 US$, 209 404 €).

La valeur de son action a atteint son plus haut niveau récent le 30 décembre 2005 à 1,10 CA$, et son plus bas niveau récent le 16 décembre 2016 à 0,01 CA$.

Maxim Res. possède 58 410 000 actions en circulation.

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Financements de Maxim Resources Inc.
03/10/2013PROVIDES UPDATE TO JV & FINANCING
11/09/2013Announces Update on JV and Financing with LGO
01/05/2013Laredo Announces Financing Agreement
11/04/2012Announces Private Placement
06/07/2010$1,000,000 Private Placement
Nominations de Maxim Resources Inc.
26/02/2011Announces BOARD & MANAGEMENT Changes with New Scotland
Projets de Maxim Resources Inc.
07/05/2013Laredo Resources Corp. Contracts Pony Mountain
14/03/2013Announces Non-Binding Heads of Terms for Joint Venture Agr...
14/01/2013Laredo Resources Corp. Announces Staking of Thirty-Eight Add...
05/12/2011Fort St. James hires SGS for Kilometer 26 testing
02/12/2011Very Interesting Project FTJ
03/08/2011from Maxim Resources Corp
04/04/2011WORK PROGRAM AT THE SUN PROJECT, ALASKA
31/03/2011ANDOVER HIRES GENERAL MANAGER FOR SUN PROJECT, ALASKA
24/11/2008(South Erin Block)Announces Third Development Well TD
12/11/2008(South Erin Block)Announces Second Development Well TD
Communiqués de Presse de Maxim Resources Inc.
31/07/2015Maxim Signs Extension Agreement for Closing Acquisition With...
07/04/2015Maxim Announces Annual General and Special Shareholder Meeti...
23/03/2015Maxim Signs Heads of Agreement With Quest Oil & Gas Ventures...
28/01/2015Maxim Corporate Update & Morocco Activities
22/01/2015Maxim Announces Continuance from Alberta to Ontario
15/01/2015Maxim Appoints New President, CEO and Director
29/12/2014Maxim Closes on Private Placement
04/12/2014Maxim Announces Update on Proposed Non-Brokered Private Plac...
20/11/2014Maxim Announces Price Reservation for Financing
04/11/2014Maxim Announces AGM Results
22/10/2014Maxim Resources Retainer European Investor Relations Firm
16/10/2014Maxim Completes Initial N.I. 51-101 Report on Hassi Berkane ...
10/10/2014Maxim Resources Inc. Proposed Dual Listing on AIM
24/07/2014Maxim Receives Reconnaissance Concession for Hassi Berkane B...
21/07/2014Maxim Engages Chapman Petroleum Engineering to Manage Reproc...
23/06/2014Maxim Signs Reconaissance Contract for Hassi Berkane Block W...
03/06/2014Maxim Resources and New Scotland Oil and Gas Announce Settle...
15/05/2014Maxim Announces Heads of Agreement to Acquire Reconsaissance...
18/09/2013GRYN Additions to Company
10/09/2013GREEN HYGIENICS Brazil Trip
04/09/2013Green Hygienics Holdings Inc.
12/08/2013and Leni Update
11/07/2013AGM
08/07/2013GRYN Worth a look see !
05/07/2013(MXM)
23/05/2013announces details on JV Agreement with LGO
02/05/2013Laredo (LRDR) Contracts Excavation Company
28/04/2013Laredo (LRDR) Heads Up
17/03/2013Halt / Laredo
15/03/2013JV Terms
12/03/2013Provides Shareholder Update
06/11/2012Heads Up on LRDR
12/09/2012to E- Mail List Sept.12
10/04/2012Announcement
20/03/2012To Maxim Shareholders
03/03/2012We have been waiting a long time for this!
03/03/2012Corporate Update
28/02/2012Fort St James Nickel (FTJ) Follow Up
28/02/2012Nickel-Iron Alloy (FTJ)
24/02/2012Fort Saint James Nickel (FTJ)
06/12/2011Fort St. James Nickel
19/05/2011(MXM) Market Depth
30/03/2011Andover clarifies disclosures after BCSC review
11/03/2011Andover News
25/02/2011Announces Board & Management Changes With New Scotland
09/08/2010Signs offer to purchase with Alberta Oilsands Inc.
28/07/2010Share Consolidation
22/06/2010corporate update on activities
09/06/2010to Aquire Trinidad based On-Shore Oil Producer
10/05/2010Reduces High Island Interest to 8%
10/02/2009ANNOUNCES PRODUCTION RESUMED AT HIGH ISLAND
11/12/2008Maxim Trinidad Drilling Update
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TSX-V (MXM.V)FRANKFURT (M5H.F)
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