Ann: MXR receives $1.6 million for sale of Terramin shares, page-2

MXR: present m.cap $A2.6m

1. Cash:

at bank + $1.6m.


2. Corporate exploration:

These funds now place Maximus in a sound financial position to fund its planned exploration activities in WA and SA throughout 2015.
Including: "..........the cusp of a significant breakthrough...........". Narndee.


3. Effectively fully paid call opos:

a. With TZN; $A 2m plus royalties,
contingent on $A gold.

b. With Antofagasta PLC via Monax Alliance on prime real estate,
at Millers Creek (between Prominent Hill and Roxby) after document signing,
contingent on +ve exploration upside.