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