Max Resource Corp (TSXV: MXR) has appointed a strategic advisor to its team to assist in assessing confidentiality agreements in connection with its two main assets, its Cesar copper-silver project in Colombia and its RT Gold property in Peru. Rahim Kassim-Lakha, a global investment banker, will be taking on the role as a means of assisting in maximizing shareholder value.
Kassim-Lakha is a global investment banker with nearly two and a half decades of experience in investing and capital markets. Currently the founder and CEO of Blue Sail Capital, Rahim has been a key player in over $5 billion in transactions globally. Previously, he has served in senior and executive roles for a number of institutions, including Fidelty Capital, GMP, National Bank, and Salman Partners among others.
As special advisor, Kassim-Lakha will be focused on providing his experience and knowledge to assist the CEO and board of directors in assessing and engaging in confidentiality agreements as they relate to the firms two major projects. Kassim-Lakha will be assisting in evaluating the financial interests and entering into these arrangements, enabling the Max team to better focus on exploration activities at its two major properties.
“Using their first mover advantage, the Max team has demonstrated CESAR’s district-scale potential, receiving interest on a global scale. Max is strategically poised to take full advantage of high demand metals, copper and silver. I am delighted to assist in this remarkable opportunity.”
Rahim Kassim-Lakha
The need for a strategic advisor follows continued exploration at the Cesar copper-silver project over the course of the last year. Findings have resulted in major and mid-tier miners becoming interested in the project, with a major copper producer and a second global miner becoming interested in the property. Utilizing an experienced strategic advisor to assist in extracting the most value for shareholders as a result is a necessity for the firm.
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Max Resource Corp last traded at $0.29 on the TSX Venture.
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