CANAMAX TO ACQUIRE KREZMAR GOLD PROPERTY STAKE <Canamax Resources Inc> said it agreed to acquire the 50 pct interest it does not already own in the Krezmar gold property, near Wawa, Ontario, by paying nine mln dlrs to <Algoma Steel Corp Ltd> and granting Algoma a four pct net smelter return royalty, which is payable after payback. The property's drill indicated reserves to a depth of 1,200 feet are estimated at over one mln tons averaging 0.25 ounces of gold a ton, Canamax said.