Maritime Resources Announces an up to $10 Million Best Efforts Private Placement Financing
Toronto, Ontario--(Newsfile Corp. - June 26, 2025) - Maritime Resources Corp. (TSXV: MAE) ("Maritime" or the "Company") is pleased to announce that it has entered into an agreement with Paradigm Capital Inc. ("Paradigm") as lead agent and sole bookrunner, for and on behalf of a syndicate of agents (collectively, the "Agents"), in connection with a proposed best efforts private placement offering (the "Offering") of up to 8,850,000 common shares in the capital of Maritime (the "Offered Securities") to be issued...
2025-06-26 5:02 PM EDT
Maritime Drills 24.5 gpt Gold over 13.9 Metres, Including 42.2 gpt Gold over 8.0 Metres at the Hammerdown Gold Project
Toronto, Ontario--(Newsfile Corp. - June 18, 2025) - Maritime Resources Corp. (TSXV: MAE) ("Maritime" or the "Company") is pleased to provide an update for the Hammerdown Gold Project, located in the Baie Verte mining district of Newfoundland and Labrador ("Hammerdown"), near the towns of King's Point and Springdale. Highlights:Additional grade control drilling south of the historic mine workings confirms the presence of a new orientation in mineralized trends with substantial gold grades and widths starting at surface24.5 grams...
2025-06-18 7:00 AM EDT
Maritime Announces Completion of Share Consolidation
Toronto, Ontario--(Newsfile Corp. - June 16, 2025) - Maritime Resources (TSXV: MAE) ("Maritime" or the "Company") announces that, further to its press release on May 26, 2025, it has consolidated the Company's issued and outstanding common shares (the "Common Shares") on the basis of one (1) new Common Share for every ten (10) existing Common Shares (the "Consolidation"). Each shareholder's percentage ownership in the Company and proportionate voting power remains unchanged after the Consolidation, except for minor changes and adjustments...
2025-06-16 7:00 AM EDT
Maritime Announces Grant of Incentive Stock Options
Toronto, Ontario--(Newsfile Corp. - May 28, 2025) - Maritime Resources (TSXV: MAE) ("Maritime" or the "Company") is pleased to announce that it has granted an aggregate of 17,062,800 incentive stock options (the "Options") under the Company's omnibus equity incentive plan, to certain directors, officers and employees of the Company. The Options are exercisable at a price of $0.11 per common share, will have a term of five years from the date of grant, and will vest immediately on the date...
2025-05-28 7:28 PM EDT
Maritime Announces Share Consolidation
Toronto, Ontario--(Newsfile Corp. - May 26, 2025) - Maritime Resources Corp. (TSXV: MAE) ("Maritime" or the "Company") announces it proposes to consolidate the Company's issued and outstanding common shares (the "Common Shares") on the basis of one (1) new Common Share for every ten (10) existing Common Shares (the "Consolidation"). Each shareholder's percentage ownership in the Company and proportionate voting power will remain unchanged after the Consolidation, except for minor changes and adjustments resulting from the treatment of any fractional...
2025-05-26 6:56 PM EDT
Maritime Provides Update on the Hammerdown Gold Project
Toronto, Ontario--(Newsfile Corp. - May 6, 2025) - Maritime Resources Corp. (TSXV: MAE) (OTC Pink: MRTMF) ("Maritime" or the "Company") is pleased to provide an update for the Hammerdown Gold Project, located in the Baie Verte mining district of Newfoundland and Labrador ("Hammerdown"), near the towns of King's Point and Springdale, including its Pine Cove milling facility located near the town of Baie Verte. Highlights:$20 million equity financing closed First gold recovered from stockpile processing at the Pine Cove mill...
2025-05-06 7:00 AM EDT
Maritime Drills 49.4 gpt Gold over 2.6 Metres, Including 153.9 gpt Gold over 0.6 Metres at the Hammerdown Gold Project
Toronto, Ontario--(Newsfile Corp. - April 23, 2025) - Maritime Resources Corp. (TSXV: MAE) (OTC Pink: MRTMF) ("Maritime" or the "Company") is pleased to announce final drill results from a grade control drill program at the Hammerdown Gold Project. Hammerdown is located in the Baie Verte mining district of Newfoundland and Labrador, near the towns of King's Point and Springdale. Highlights:49.4 grams per tonne ("gpt") gold ("Au") over 2.6 metres ("m"), including 153.9 gpt Au over 0.6 m in drill hole...
2025-04-23 7:00 AM EDT
Maritime Drills 5.5 gpt Gold over 29.8 metres, Including 73.0 gpt Gold over 1.5 metres at the Hammerdown Gold Project
Toronto, Ontario--(Newsfile Corp. - April 17, 2025) - Maritime Resources Corp. (TSXV: MAE) (OTC Pink: MRTMF) ("Maritime" or the "Company") is pleased to announce additional drill results from a grade control drill program at the Hammerdown Gold Project. Hammerdown is located in the Baie Verte mining district of Newfoundland and Labrador, near the towns of King's Point and Springdale. Highlights:5.5 grams per tonne ("gpt") gold ("Au") over 29.8 metres ("m"), including 73.0 gpt Au over 1.5 m in drill hole...
2025-04-17 7:00 AM EDT
Maritime Resources Announces Closing of $20 Million Brokered Private Placement Financing
Toronto, Ontario--(Newsfile Corp. - April 9, 2025) - Maritime Resources Corp. (TSXV: MAE) ("Maritime" or the "Company") is pleased to announce the closing of its previously announced brokered "best efforts" private placement offering (the "Offering") of units of the Company ("Units") for aggregate gross proceeds of $20,002,500. The Offering was led by Paradigm Capital Inc. ("Paradigm"), as lead agent and sole bookrunner, on a "best efforts" agency basis, together with SCP Resource Finance LP (together with Paradigm, the "Agents"), pursuant...
2025-04-09 10:04 AM EDT
Maritime Announces Issuance of Shares in Satisfaction of Interest Payment Obligations
Toronto, Ontario--(Newsfile Corp. - April 3, 2025) - Maritime Resources (TSXV: MAE) ("Maritime" or the "Company") is pleased to announce that, in connection with its previously announced contemplated issuance of common shares (the "Interest Shares") to holders of US$5,000,000 non-convertible senior secured notes issued on August 14, 2023 (the "Notes"), the Company has issued 2,573,090 Interest Shares in full satisfaction of the interest payable thereunder as of March 31, 2025 in the aggregate amount of US$129,500 (the "Interest Payment"). In...
2025-04-03 7:32 PM EDT
Maritime Announces Election to Issue Shares in Satisfaction of Interest Payment Obligations
Toronto, Ontario--(Newsfile Corp. - March 27, 2025) - Maritime Resources (TSXV: MAE) ("Maritime" or the "Company") announces that it has elected to issue an aggregate of up to 3,593,750 common shares (the "Interest Shares") to holders of US$5,000,000 non-convertible senior secured notes issued on August 14, 2023 (the "Notes") in full satisfaction of the interest payable thereunder as of March 31, 2025 (the "Interest Payment"). The final dollar amount of the Interest Payment will be calculated using the March...
2025-03-27 8:34 PM EDT
Maritime Resources Announces Upsize of the Previously Announced Private Placement to $20 Million
Toronto, Ontario--(Newsfile Corp. - March 20, 2025) - Maritime Resources Corp. (TSXV: MAE) ("Maritime" or the "Company") is pleased to announce that in connection with its previously announced best efforts private placement offering (the "Offering"), the Company and Paradigm Capital Inc. ("Paradigm"), as lead agent and sole bookrunner, for and on behalf of a syndicate of agents (collectively, the "Agents") have agreed to increase the size of the Offering. The Company will now issue up to 266,700,000 units of the...
2025-03-20 12:34 PM EDT
Maritime Resources Announces an up to $15 Million Best Efforts Private Placement Financing
Toronto, Ontario--(Newsfile Corp. - March 19, 2025) - Maritime Resources Corp. (TSXV: MAE) ("Maritime" or the "Company") is pleased to announce that it has entered into an agreement with Paradigm Capital Inc. ("Paradigm") as lead agent and sole bookrunner, for and on behalf of a syndicate of agents (collectively, the "Agents"), in connection with a proposed best efforts private placement financing (the "Offering") for total proceeds of up to approximately $15 million, consisting of up to 200,000,000 units of the...
2025-03-19 5:05 PM EDT
Maritime Drills 19.9 gpt Gold over 17 Metres, Including 32.2 gpt Gold over 10 Metres at the Hammerdown Gold Project
Toronto, Ontario--(Newsfile Corp. - March 14, 2025) - Maritime Resources Corp. (TSXV: MAE) (OTC Pink: MRTMF) ("Maritime" or the "Company") is pleased to announce additional drill results from a grade control drill program at the Hammerdown Gold Project. Hammerdown is located in the Baie Verte mining district of Newfoundland and Labrador, near the towns of King's Point and Springdale. Highlights:19.9 grams per tonne ("gpt") gold ("Au") over 17.0 metres ("m"), including 32.2 gpt Au over 10.0 m in drill hole...
2025-03-14 7:00 AM EDT
Early Warning News Release Regarding the Securities of Emperor Metals Inc
This press release is being disseminated pursuant to Multilateral Instrument 62-104 – Take-Over Bids and Issuer Bids and National Instrument 62-103 – The Early Warning System and Related Take-Over Bid and Insider Reporting Issues.Toronto, Ontario--(Newsfile Corp. - March 12, 2025) - On March 11, 2025, Maritime Resources Corp. (the "Acquiror"), acquired 12,500,000 common shares in the capital ("Common Shares") of Emperor Metals Inc. (the "Issuer") at a deemed price of $0.07 per Common Share (the "Transaction"), pursuant to a property purchase agreement dated January...
2025-03-12 12:48 PM EDT
Maritime Completes Sale of Lac Pelletier Project to Emperor Metals
Toronto, Ontario--(Newsfile Corp. - March 11, 2025) - Further to its press release dated January 7, 2025, Maritime Resources Corp. (TSXV: MAE) (OTC Pink: MRTMF) ("Maritime" or the "Company") is pleased to announce that it has completed the sale of its interests in the Lac Pelletier gold project (the "Project") to Emperor Metals Inc. (CSE: AUOZ) ("Emperor"), an arm's length party to Maritime. The Project is located approximately 9 km east of Agnico Eagle Mines' Wasamac gold project near...
2025-03-11 6:34 PM EDT
Maritime Drills 12 gpt Gold over 28.0 Metres Including 73.7 gpt Gold over 4 Metres at Hammerdown Gold Project
Toronto, Ontario--(Newsfile Corp. - March 4, 2025) - Maritime Resources Corp. (TSXV: MAE) (OTC Pink: MRTMF) ("Maritime" or the "Company") is pleased to announce additional drill results from a grade control drill program at the Hammerdown Gold Project. Hammerdown is located in the Baie Verte mining district of Newfoundland and Labrador, near the towns of King's Point and Springdale. Highlights:12.0 grams per tonne ("gpt") gold ("Au") over 28.0 metres ("m"), including 73.7 gpt Au over 4.0m starting at surface in...
2025-03-04 7:00 AM EST
Maritime Announces the Start of Mineral Processing Operations at Pine Cove
Toronto, Ontario--(Newsfile Corp. - February 27, 2025) - Maritime Resources Corp. (TSXV: MAE) (OTC Pink: MRTMF) ("Maritime" or the "Company") is pleased to announce it has commenced mineral processing operations at the Company's Pine Cove Mill. Pine Cove is part of the larger Point Rousse Gold Project, located in the Baie Verte mining district of Newfoundland and Labrador, near the towns of Ming's Bight and Baie Verte. Highlights:Processing of crushed feed from mineralized stockpiles has commenced at the...
2025-02-27 7:00 AM EST
Maritime Resources to Attend PDAC 2025 and Present at Canada's Atlantic Edge Event
Toronto, Ontario--(Newsfile Corp. - February 25, 2025) - Maritime Resources Corp. (TSXV: MAE) (OTC Pink: MRTMF) ("Maritime" or the "Company") is pleased to announce that it will be attending the Prospectors and Developers Association of Canada ("PDAC") conference on March 2-5, 2025, in Toronto, Canada. Maritime's representatives, including members of senior management, technical staff, and investor relations, will be happy to meet with investors and other interested parties at its Booth 2816 (Investors Exchange) at the Metro Toronto Convention Centre.Maritime is...
2025-02-25 6:00 PM EST
Maritime Drills 24.1 gpt Gold over 3.0 Metres at Its Hammerdown Gold Project
Toronto, Ontario--(Newsfile Corp. - February 13, 2025) - Maritime Resources Corp. (TSXV: MAE) (OTC Pink: MRTMF) ("Maritime" or the "Company") is pleased to announce additional drill results from a grade control drill program underway at the Hammerdown Gold Project. Hammerdown is located in the Baie Verte mining district of Newfoundland and Labrador, near the towns of King's Point and Springdale. Highlights:24.1 grams per tonne ("gpt") gold ("Au") over 3.0 metres, including 70.8 gpt Au over 1.0 metre in drill...
2025-02-13 7:00 AM EST