Maritime Resources Corp. is pleased to announce that refurbishment work has begun at the Company's Pine Cove mill in the Baie Verte mining district of Newfoundland and Labrador. Maritime acquired the Point Rousse Project in 2023, including the Pine Cove gold processing plant and large capacity in-pit tailings storage facility. The plant operated [...]
Maritime Resources Corp. is pleased to announce that Allen Palmiere, an existing member of the Company's board of directors , has been named Chairman of the Board. John Hayes has stepped down as Chairman but will continue as a member of the Board. Garett Macdonald, President and CEO, commented, "This change is being made to support the Company as [...]
Maritime Resources Corp. and Dundee Corporation are pleased to announce the closing of Maritime's previously announced rights offering , pursuant to which the Company issued rights to the holders of its common shares at the close of business on August 13, 2024. Each Right entitled to the holder to purchase one Common Share at a price of $0.034 per [...]
VANCOUVER, BC, Sept. 6, 2024 /CNW/ - The following issues have been halted by CIRO Company: Maritime Resources Corp. TSX-Venture Symbol: MAE.RT All Issues: No Reason: Pending Delisting Halt Time : 12:00 PM CIRO can make a decision to impose a temporary suspension of trading in a security of a publicly-listed company. Trading halts are implemented [...]
Maritime Resources Corp. and Dundee Corporation are pleased to announce that Maritime is commencing a rights offering to the holders of common shares in the capital of the Company to raise aggregate gross proceeds of approximately $8,000,000. The net proceeds of the Rights Offering will be used for upgrading the Company's Pine Cove mill to process [...]
Maritime Resources Corp. is pleased to announce positive results from an ongoing metallurgical test program for the Hammerdown Gold Project . Hammerdown is located near the towns of King's Point and Springdale in the Baie Verte mining district of Newfoundland and Labrador and is one of a select few fully permitted, high grade gold projects with an [...]
Maritime Resources Corp. announces that at the annual general and special meeting of shareholders of the Company , shareholders will be asked to pass, with or without variation, an ordinary resolution to approve a consolidation of the common shares in the capital of the Company on the basis of up to ten pre-Consolidation Common Shares for one [...]
Maritime Resources Corp. has granted 5,450,000 options to employees, consultants, directors and officers of the Company. The option grant is the result of the Company's annual compensation review and the issuance is made in accordance with the Company's Stock Option Plan. The plan was approved by shareholders on November 30, 2023 and allows the [...]
Maritime Resources Corp. is pleased to provide an update for the Hammerdown Gold Project and activities at the Pine Cove mineral processing facility. The Project is located near the towns of King's Point and Springdale in the Baie Verte mining district of Newfoundland and Labrador. Highlights Engineering underway to optimize the Pine Cove mill for [...]
Maritime Resources Corp. is pleased to provide an update on gold clean up and sampling activities at its Point Rousse gold project in Newfoundland and Labrador. The Point Rousse Project includes the Pine Cove mill and is located 8 km northeast of the town of Baie Verte. Maritime acquired the Point Rousse Project on August 21, 2023. Highlights [...]
Maritime Resources Corp. is pleased to announce that it has completed a non-brokered private placement of 50,000,000 common shares of the Company at a price of $0.05 per Common Share and 3,648,069 common share purchase warrants to FireFly Metals Ltd for aggregate gross proceeds of $2,500,000. Each Warrant entitles the holder to acquire one common [...]
Maritime Resources Corp. is pleased to announce that the Department of Industry, Energy and Technology of the Province of Newfoundland and Labrador has approved the Closure and Development plans for the Hammerdown Gold Project . The Project is located near the towns of King's Point and Springdale in the Baie Verte mining district. Garett Macdonald [...]