Maximus Resources Limited ('Maximus' or the 'Company', ASX:MXR) is pleased to advise that it has been awarded an allocation of up to $1,050,000 in tax credits under the Federal Government's Junior Minerals Exploration Incentive (JMEI) Scheme for the 2024/25 financial year.

The JMEI scheme encourages investment in exploration companies that carry out greenfield mineral exploration in Australia and allows exploration companies to give up a portion of their tax losses for potential distribution to eligible shareholders.

Australian resident shareholders who acquire newly issued Maximus shares (for example, in a placement, Entitlement Offer or Share Purchase Plan) between 1 July 2024 and 30 June 2025 are potentially entitled to receive JMEI credits (Eligible Shareholders). The JMEI enables eligible exploration companies to create refundable tax credits to distribute to Eligible Shareholders who will generally be entitled to refundable tax offsets (in the case of individual shareholders, trusts or superannuation funds) or franking credits (in the case of corporate investors).

JMEI credits are distributed to all Eligible Shareholders on a pro-rata basis. Further information about the Federal Government's Junior Minerals Exploration Incentive (JMEI) scheme can be found at the ATO website www.ato.gov.au/business/junior-minerals-exploration-incentive/ Maximus would like to acknowledge the support of the Commonwealth of Australia for their provision of the JMEI scheme, and the Association of Mining and Exploration Companies (AMEC) dedicated advocacy in promoting this initiative.

Contact:

Tel: +61 8 7324 3172

Email: info@maximusresources.com

Web: www.maximusresources.com

ABOUT MAXIMUS

Maximus Resources Limited (ASX:MXR) is an Australian mining company focused on the exploration and development of high-quality gold, lithium, and nickel projects. The Company holds a diversified portfolio of exploration projects in the world-class Kambalda region of Western Australia, with 335,000 ounces of gold resources (ASX 19 December 2024) across its granted mining tenements. Maximus is actively growing these Resources while also progressing toward gold production. With a commitment to sustainable mining practices and community engagement, Maximus Resources aims to unlock the value of its projects and deliver long-term benefits to its stakeholders

FORWARD-LOOKING STATEMENTS

Certain statements in this report relate to the future, including forward-looking statements relating to the Company's financial position, strategy and expected operating results. These forward-looking statements involve known and unknown risks, uncertainties, assumptions and other important factors that could cause the actual results, performance or achievements of the Company to be materially different from future results, performance or achievements expressed or implied by such statements. Actual events or results may differ materially from the events or results expressed or implied in any forward-looking statement and deviations are both normal and to be expected. Other than required by law, neither the Company, their officers nor any other person gives any representation, assurance or guarantee that the occurrence of the events expressed or implied in any forwardlooking statements will actually occur. You are cautioned not to place undue reliance on those statements

(C) 2024 Electronic News Publishing, source ENP Newswire