Maxim Resources Inc. (TSXV:MXM) entered into a share purchase agreement to acquire 25% stake in Jasmin Oil & Gas Limited from Molly Ramoutar for $1 million on November 11, 2013. The deal is subject to certain customary terms and conditions. The deal is expected to close on or before November 30, 2013.

Maxim Resources Inc. (TSXV:MXM) cancelled the acquisition of 25% stake in Jasmin Oil & Gas Limited from Molly Ramoutar on April 22, 2014. The deal was terminated as Caribbean Rex Limited completed the acquisition of remaining 25% stake in Jasmin Oil & Gas Limited from independent third parties on April 22, 2014.