June 28 (Reuters) - GrowMax Resources Corp GRO.V :
* GROWMAX RESOURCES ANNOUNCES RETIREMENT OF NON-EXECUTIVE
CHAIRMAN
AND PROVIDES UPDATE ON STRATEGIC INITIATIVES
* GROWMAX RESOURCES - CONTINUES TO PURSUE 2 CONCURRENT
STRATEGIC
INITIATIVES, WHICH INCLUDE SEEKING OUT ALTERNATIVES RELATING TO
ITS PERUVIAN ASSET
* GROWMAX RESOURCES - CONTINUES TO PURSUE 2 CONCURRENT
STRATEGIC
INITIATIVES, WHICH INCLUDE COMPLETING 1/MORE TRANSACTIONS WITHIN
SPECIALTY FERTILIZER SECTOR
* GROWMAX RESOURCES - HAS COMMENCED "SIGNIFICANT' COST
SAVING
MEASURES IN PERU, INCLUDING DOWNSIZING PIURA FIELD OFFICE AND
STAFF IN LIMA OFFICE
Source text for Eikon: ID:nGNX1w1RgG
Further company coverage: GRO.V
((Reuters.Briefs@thomsonreuters.com;))