Maxim Resources Inc. Auditor Raises 'Going Concern' Doubt

Maxim Resources Inc is a Canada-based company engaged in the acquisition, exploration, and development of oil and gas properties.. The Company holds a Reconnaissance Contract on the Hassi Berkane Block, in the Kingdom of Morocco. The Hassi Berkane Concession is located onshore in the northeast part of Morocco, and covers an area of approximately 5,000 square kilometers. The Hassi Berkane Basin consists of oil seep at its periphery. The Hassi Berkane concession's drilling depth to target horizons is approximately 3,000 meters. The property is close to the Maghreb Europe Gas Pipeline, which transports gas from the Maghreb gas field in adjacent Algeria. The Company's subsidiaries include Maxim Resources (Barbados) Inc and Maxim Resources (Caribbean) Inc, which are both holding companies.