Maxim Update with Lenigas Joint Venture

TORONTO, ONTARIO / ACCESSWIRE / April 10, 2014 / Maxim Resources Inc. ("Maxim" or the "Company") (TSX V: MXM Frankfurt: MSH OTCBB: MXMSF) is announcing an extension of the Heads of Agreement, ("HOA"), with Lenigas and Oil PLC, ("LGO"), originally announced in March 2013.

Maxim and LGO have mutually agreed to an extension of the HOA by an additional 60 days. The HOA will be extended until May 31, 2014.

On behalf of the Board

"Arthur Brown"

Arthur Brown

President and CEO

For further information, please contact Arthur Brown, President and CEO of the Company at [phone] or toll free at 1-888-882-8891. E-mail: [e-mail] http://www.maximresources.com

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. This news release may contain certain forward-looking information. All statements included herein, other than statements of historical fact, is forward-looking information and such information involves various risks and uncertainties. There can be no assurance that such information will prove to be accurate, and actual results and future events could differ materially from those anticipated in such information.

A description of assumptions used to develop such forward-looking information and a description of risk factors that may cause actual results to differ materially from forward-looking information can be found in the company's disclosure documents on the SEDAR website at www.sedar.com. The company does not undertake to update any forward-looking information except in accordance with applicable securities laws.

SOURCE: Maxim Resources Inc