Maritime Resources Corp.

Maritime Resources Corp. advises shareholders of Maritime that there is no need to take action at this time regarding the unsolicited offer made by Anaconda Mining Inc. . After the initial offer was submitted to the Company by Anaconda on January 29th, Maritime retained McMillan LLP as special legal counsel, and Dundee Securities Ltd. as financial [...]

TORONTO, April 13, 2018 /CNW/ - Anaconda Mining Inc. – is pleased to announce that it has made a formal offer to acquire all of the issued and outstanding common shares of Maritime Resources Corp. , together with the associated rights issued under the shareholder rights plan of Maritime dated March 15, 2018, in exchange for consideration of [...]

Maritime Resources is pleased to announce that the Newfoundland Government has approved the Permit to Dewater the Hammerdown underground gold mine and initiate an underground rehabilitation and exploration drill program. The Hammerdown mine is located on Maritime's Green Bay Property in Newfoundland and Labrador, Canada. Remote Scoop and Portal at [...]

Maritime Resources announces that it has now paid the outstanding loan payable to Anaconda Mining in full. The Loan was for $500,000, bore interest of 8% per annum for one year and was originally due April 25, 2018. Code Consulting, the original lender assigned the Loan to Anaconda Mining on March 12th 2018. The Loan included provision for early [...]

Maritime Resources Corp. is pleased to announce the beginning of the 3000 metre 2018 drill program on both our signature Hammerdown deposit as well as the Whisker gold project which is located approximately 10 kilometres from Hammerdown on the Green Bay Property in Newfoundland and Labrador, Canada. Hammerdown - 2000 Metres Drill Program Drilling [...]

Maritime Resources announces that it has closed its private placement previously announced on December 15, 2017 and March 1, 2018. The Company has raised an additional $530,000 through the issuance of 5,300,000 units at a price of $0.10 per unit. Each unit consists of one common share and one-half of one common share purchase warrant. Each whole [...]

Maritime Resources confirms that it is aware of the announcement by Anaconda Mining that it intends, subject to a number of conditions, to make an unsolicited takeover bid for the outstanding common shares of Maritime. Maritime cautions that no formal offer has been presented to Maritime or its shareholders and there can be no certainty that an [...]

Maritime Resources announces that its Board of Directors has approved the adoption of a Shareholder Rights Plan Agreement. The Rights Plan is being adopted to ensure that, in the event of a take-over bid, all shareholders of the Company will be treated fairly and will not be subject to abusive or coercive takeover strategies. The Rights Plan is [...]

Maritime Resources is pleased to announce it is proceeding with work programs to advance the Whisker gold project located approximately 10 kilometres from our signature Hammerdown gold project located on the Green Bay Property in Newfoundland and Labrador. The work will commence immediately and will comprise of initial Geophysical program followed [...]

Maritime Resources is pleased to announce the last of the high grade gold results from the channel sampling program from the 2017 trenching at the Whisker Valley Project, located approximately 10 kilometres north of the Company's Hammerdown Gold Mine. The remaining results from Jackson and Ben Veins are from the central part of the gold vein system [...]