GrowMax Resources Corp. Announces Filing of Updated NI 43-101 Phosphate Mineral Resource Technical Report

CALGARY, ALBERTA–(Marketwired – Aug. 12, 2016) – GrowMax Resources Corp. (TSX VENTURE:GRO) and its subsidiary, GrowMax Agri Corp., are pleased to announce the filing on SEDAR of the National Instrument (“NI”) 43-101 Updated Mineral Resource technical report on the Company’s drill holes on the Bayovar 5, 6, 7 and 8 concessions on its Bayovar Property located in the Sechura Desert, Peru.
The report, prepared in accordance with NI 43-101 and initially announced on June 27, 2016, was prepared by Golder Associates (“Golder”), under the supervision of Jerry DeWolfe, MSc. P.Geo, an independent Qualified Person defined under NI 43-101. The report provides a second update to the Company’s inaugural phosphate mineral resource originally filed in May 2015. The first update was filed on SEDAR on April 28, 2016.
About GrowMax Resources Corp.
GrowMax Resources Corp. (formerly Americas Petrogas Inc.) is an international Canadian mining company whose shares trade on the TSX-V under the symbol GRO. GrowMax Resources Corp. owns approximately 91.6% and Indian Farmers Fertiliser Co-operative Limited (IFFCO) and its affiliates own approximately 8.4% of GrowMax Agri Corp., a private company involved in the exploration for near-surface phosphates, potash brine and other minerals, and potential development of fertilizer projects in the Bayovar region of Peru.
NEITHER THE TSX-V NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX-V) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THE RELEASE.