Maxtech Comments on Quebec Projects in James Bay Hires European Marketing Firm

- July 6th, 2020

Maxtech Ventures (“Maxtech” or the “Company”) (CSE: MVT) (Frankfurt: M1N) (OTC: MTEHF) is pleased to provide an update on the Company’s Quebec exploration initiative.

Maxtech Ventures (“Maxtech” or the “Company”) (CSE: MVT) (Frankfurt: M1N) (OTC: MTEHF) is pleased to provide an update on the Company’s Quebec exploration initiative.

Maxtech is currently assembling a Quebec based field team to visit the Kali property in short order. Gold, base metals and diamonds are the key minerals in this territory. Detailed field-based geological mapping is being planned to identify the possible extent of the gold mineralization in each area. With respect to the Maxtech Kali Project, our geologists have already pinpointed areas of interest based on trends in the regional geology.

The Maxtech Quebec initiative is to build a footprint in the James Bay Quebec mining district with additional claims and options on current mining properties in Quebec. There is a clearly defined and established permitting process in Quebec. Quebec has a supportive government and pro-mining community. Both of the Company claims have excellent access to transportation routes and good mining infrastructure.

Peter Wilson CEO Commented, “Gold exploration and land staking has increased significantly of late in the James Bay area likely driven by the success of Azimut Explorations’ recent drilling success. Several other explorers such as Dios Exploration, Harfang Exploration, QPM, are either gearing up or already drilling in the vicinity so now is a good time for us to begin as we continue to analyze opportunities in Quebec.”

Additionally, Maxtech is pleased to announce that it has engaged the services of German Mining Networks GmbH (GMN). GMN has a network of high-net-worth individuals, sector-focused equity fund managers, private wealth managers and family offices located across Europe and Australia. GMN has been retained for a sum of $3800.00 CDN on a month-to-month basis.

Peter Wilson CEO comments, “Maxtech has always had a strong European following on the Frankfurt Exchange with the symbol M1N.

We are pleased to welcome Peter, Andreas and Florianne to our team and help to increase our shareholder presence throughout the European continent.”

Company Board Update:

The Company further notes that Alex Tsakumis has resigned from his position on the Board of Directors effective July 3, 2020. Alex has been a wonderful member of our team at Maxtech Ventures Inc. and the Company thanks him for his service.

About Maxtech Ventures Inc.

Maxtech Ventures Inc., a Canadian-based diversified industries corporation, is focused on identifying and advancing high-value mineral properties. For additional information see the Company’s web site at http://www.maxtech-ventures.com Email to info@maxtech-ventures.com Phone: 604-484-0355

Further information about the Company is available on www.SEDAR.com under the Company’s profile. Neither the Canadian Securities Exchange nor its Regulation Services Provider (as that term is defined in the policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this release. Certain statements contained in this release may constitute “forward-looking statements” or “forward-looking information” (collectively “forward-looking information”) as those terms are used in the Private Securities Litigation Reform Act of 1995 and similar Canadian laws. These statements relate to future events or future performance. The use of any of the words “could”, “intend”, “expect”, “believe”, “will”, “projected”, “estimated”, “anticipates” and similar expressions and statements relating to matters that are not historical facts are intended to identify forward-looking information and are based on the Company’s current belief or assumptions as to the outcome and timing of such future events. Actual future results may differ materially. In particular, this release contains forward-looking information relating to the business of the Company, the Property, financing and certain corporate changes. The forward-looking information contained in this release is made as of the date hereof and the Company is not obligated to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, except as required by applicable securities laws. Because of the risks, uncertainties and assumptions contained herein, investors should not place undue reliance on forward-looking information. The foregoing statements expressly qualify any forward-looking information contained herein.

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