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Maxim bolsters board with experienced director

Oil and gas junior Maxim Resources said David Robinson will join the board of directors immediately.
Maxim bolsters board with experienced director
Maxim Resources is an oil and gas junior..

Oil and gas junior Maxim Resources (CVE:MXM) said David Robinson will join the board of directors immediately.

Chief executive Andrew Male said: "His experience will be a valuable addition to our board and management.

"David will assist in seeking new production-based opportunities and financing structures that will put Maxim on a strong footing going forward."

Robinson has almost three decade's experience in the energy sector and a strong background in finance.

He has managed companies operating all over the world and ranging from everything from exploration to production.

In  December last year, the firm told investors it intends to continue with its planned dual listing onto London’s AIM market.

In documents accompanying its interim results, Maxim said it is in the process of discussions with investors which were part of a syndicate that previously made indicative investment orders.

The pre-revenue oil and gas junior, which currently has assets in Morocco, reported a C$227,726 loss for the three month period to September 30 and ended the quarter with C$89,571 of cash and equivalents.

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