News: MXR Maximus Resources says acquisition of gold processing facility

Aug 2 (Reuters) - Maximus Resources Ltd (MXR) :

• Landmark acquisition of gold processing facility (MXR)
• Says announce the landmark signing of a binding share sale agreement with ramelius resource ltd
• Agreement for the purchase of the burbanks processing facility
• Announces $1.6 million placement to fund the acquisition and provide working capital
• Says acquisition provides Maximus with a near-term revenue opportunity and a platform for further growth
• Says Maximus has acquired the facility for a total of $2.5 million
• Source text (http://bit.ly/2b0ZxZF)