Maritime Resources Announces Closing of $6.9 Million Brokered Private Placement
Toronto, Ontario--(Newsfile Corp. - March 22, 2021) - Maritime Resources Corp. (TSXV: MAE) ("Maritime" or the "Company") is pleased to announce that it has completed its previously announced brokered private placement (the "Offering") of 38,500,000 common shares on a "flow-through" basis (the "FT Shares") at a price of $0.1794 per FT Share for gross proceeds of $6,906,900, including the full exercise of the Agents' over-allotment option. The Offering was completed by a syndicate of agents led...
2021-03-22 8:44 AM EDT
Maritime Resources Drills 1.4 gpt Au over 92.1 Metres at Hammerdown
Toronto, Ontario--(Newsfile Corp. - February 1, 2021) - Maritime Resources Corp. (TSXV: MAE) ("Maritime" or the "Company") is pleased to provide assay results from the Hammerdown Gold Project ("Hammerdown" or the "Project"), in the Baie Verte Mining District of Newfoundland and Labrador, Canada. These latest drill results were received from the 2020 drill program at the Hammerdown deposit and the nearby Lochinvar VMS target (see Figure 1). Results from an additional 12 drill holes at...
2021-02-01 6:30 AM EST
Maritime Announces 4.8 gpt Gold over 13.6 Metres at Orion, Including 7.0 gpt Gold over 8.1 Metres
Toronto, Ontario--(Newsfile Corp. - January 19, 2021) - Maritime Resources Corp. (TSXV: MAE) ("Maritime" or the "Company") is pleased to provide assay results from six additional diamond drill holes at the Orion deposit ("Orion"), in the Baie Verte Mining District of Newfoundland and Labrador, Canada. The Orion deposit lies approximately 1.5 km southwest of the Company's Hammerdown project. Highlights: 2.2 gpt Au over 21.0 metres ("m"), including 3.2 gpt Au over 5.8 m in drill hole BB-20-131...
2021-01-19 6:30 AM EST
Maritime Resources Expands Land Holdings and Provides Outlook for 2021
Toronto, Ontario--(Newsfile Corp. - January 14, 2021) - Maritime Resources Corp. (TSXV: MAE) ("Maritime" or the "Company") is pleased to update shareholders by outlining plans for 2021 at its Whisker Valley and Hammerdown Gold Projects, located in the Baie Verte Mining District of Newfoundland and Labrador, Canada. The Company also advises that it has added 2,300 hectares of mineral claims located between the Hammerdown and Whisker Valley Projects along the Green Bay fault. "In 2020, we saw...
2021-01-14 6:30 AM EST
Maritime Resources Announces Orion North Discovery and Completes VTEM Survey
Toronto, Ontario--(Newsfile Corp. - January 7, 2021) - Maritime Resources Corp. (TSXV: MAE) ("Maritime" or the "Company") is pleased to announce a new gold discovery at the Hammerdown Gold Project ("Hammerdown"), located in the Baie Verte Mining District of Newfoundland and Labrador, Canada. This new discovery occurs along the favorable Hammerdown Deformation Zone between the current Hammerdown and Orion deposits and is open in all directions. The Company has also completed a new high...
2021-01-07 6:30 AM EST
Maritime Resources Signs Letter of Intent to Purchase the Nugget Pond Gold Plant
Toronto, Ontario--(Newsfile Corp. - December 23, 2020) - Maritime Resources Corp. (TSXV: MAE) ("Maritime" or the "Company") is pleased to announce it has signed a further letter of intent with Rambler Metals & Mining Canada Limited, a wholly-owned subsidiary of Rambler Metals and Mining PLC (AIM:RMM) ("Rambler"), to purchase the existing gold circuit at the Nugget Pond metallurgical facility and a number of Canadian exploration properties and royalties. The proposed transaction is expected to...
2020-12-23 7:00 AM EST
Maritime Resources Intersects 5.1 Gpt Gold over 5.8 Metres at Whisker Valley, Including 21.1 Gpt Gold over 0.5 Metres and 9.2 Gpt Gold over 2.1 Metres
Toronto, Ontario--(Newsfile Corp. - November 5, 2020) - Maritime Resources Corp. (TSXV: MAE) ("Maritime" or the "Company) is pleased to announce additional assay results from its ongoing exploration program at the Whisker Valley Project ("Whisker Valley" or the "Project") located near the towns of King's Point and Springdale, Newfoundland and Labrador. Whisker Valley is located approximately 6 kilometres northwest of the Company's Hammerdown Gold Project (Figure 1.). Maritime is completing an...
2020-11-05 2:15 PM EST
Maritime Resources Intersects 26.2 gpt Gold over 4.0 Metres Including 96.4 gpt Gold over 1.1 Metres at Orion
Toronto, Ontario--(Newsfile Corp. - November 3, 2020) - Maritime Resources Corp. (TSXV: MAE) ("Maritime" or the "Company") is pleased to announce additional assay results from its ongoing exploration program at the Hammerdown Gold Project ("Hammerdown" or the "Project") located near the towns of King's Point and Springdale, Newfoundland and Labrador. Two diamond drill rigs are currently active at the Project completing infill and step out exploration on key targets at all deposits including...
2020-11-03 7:00 AM EST
Maritime Reports Voting Results of Annual General Meeting
Toronto, Ontario--(Newsfile Corp. - October 20, 2020) - Maritime Resources Corp. (TSXV: MAE) ("Maritime" or the "Company") is pleased to announce the voting results of its Annual General Meeting (the "Meeting") held on October 20, 2020. Maritime shareholders voted by in excess of 96.8% for the re-election of Messrs. John Hayes, Garett Macdonald, Mark Ashcroft and Peter Mercer as the directors of Company. The shareholders also approved the Stock Option Plan by a vote of 98.7% and unanimously...
2020-10-20 5:18 PM EDT
Maritime Resources Provides Update on Annual General Meeting of Shareholders
Toronto, Ontario--(Newsfile Corp. - October 14, 2020) - Maritime Resources Corp. (TSXV: MAE) ("Maritime" or the "Company") announces its Annual General Meeting ("AGM") on Tuesday, October 20, 2020 will now be held at 10:00 am EDT at Maritime's Toronto office at 19th Floor, 110 Yonge Street, Toronto, Ontario. In response to the unprecedented public health impact of COVID-19, and to mitigate risks to the health and safety of its shareholders, employees and local communities, Maritime is urging...
2020-10-14 7:23 PM EDT
Maritime Resources Intersects 2.90 Grams per Tonne Gold over 31.0 Metres at Hammerdown in New Wisteria Zone
Toronto, Ontario--(Newsfile Corp. - September 24, 2020) - Maritime Resources Corp. (TSXV: MAE) ("Maritime" or the "Company") is pleased to announce additional assay results from its ongoing exploration program at the Hammerdown Gold Project ("Hammerdown" or the "Project") located near the towns of King's Point and Springdale, Newfoundland and Labrador. Two diamond drill rigs are currently active at the Project completing infill and step out exploration on key targets at all deposits including...
2020-09-24 6:50 AM EDT
Maritime Resources Exercises Early Buy-Down of Hammerdown Royalty
Toronto, Ontario--(Newsfile Corp. - September 17, 2020) - Maritime Resources Corp. (TSXV: MAE) ("Maritime" or the "Company") is pleased to announce it has agreed to an early exercise of the buy-down right of half of the Hammerdown deposit ("Hammerdown" or the "Project") royalty held by Commander Resources Ltd. ("Commander") for a reduced sum of $750,000. The original agreement had allowed Maritime to exercise this buy-down provision until commencement of commercial production for $1,000,000....
2020-09-17 6:50 AM EDT
Maritime Resources Samples 19.1 gpt Gold, 69.6 gpt Silver and 3.0% Copper in New Outcrop at Whisker Valley - Expands Exploration Program
Toronto, Ontario--(Newsfile Corp. - September 11, 2020) - Maritime Resources Corp. (TSXV: MAE) ("Maritime" or the "Company") is pleased to announce that it has sampled additional high grade gold, silver and copper mineralization in bedrock and float samples within new quartz/sulphide veining at the Whisker Valley Project ("Whisker") in the Baie Verte Mining District of Newfoundland and Labrador. The Whisker Valley property is located approximately six kilometres northwest of the Company's...
2020-09-11 6:50 AM EDT
Maritime Resources Announces Appointment of Perry Blanchard as Vice President, Environment and Sustainability and Grant of Stock Options
Toronto, Ontario--(Newsfile Corp. - September 10, 2020) - Maritime Resources (TSXV: MAE) ("Maritime" or the "Company") is pleased to announce the appointment of Perry Blanchard as Vice President, Environment and Sustainability. Mr. Blanchard brings more than 24 years of mining industry experience. Most recently, Mr. Blanchard was Manager, Environment and Sustainability at Kirkland Lake Gold's Detour Lake Mine, one of Canada's largest gold operations, where he was responsible for operations...
2020-09-10 5:50 PM EDT
Maritime Resources Reports Additional Results from Its Hammerdown Drill Program, Intersects 18.81 Gpt Gold over 1.80 Metres
Toronto, Ontario--(Newsfile Corp. - August 31, 2020) - Maritime Resources (TSXV: MAE) ("Maritime" or the "Company") is pleased to announce additional assay results from its 10,000 metre exploration program at the Hammerdown Gold Project ("Hammerdown" or the "Project") located near the towns of Springdale and King's Point, Newfoundland and Labrador ("NL"). The exploration program includes infill and grade control diamond drilling within the conceptual mine plan outlined in the recent...
2020-08-31 8:00 AM EDT
Maritime Resources Announces Closing of $8.7 Million Bought Deal Private Placement
Toronto, Ontario--(Newsfile Corp. - August 21, 2020) - Maritime Resources Corp. (TSXV: MAE) ("Maritime" or the "Company") is pleased to announce that it has completed its previously announced "bought deal" private placement (the "Offering") of a combination of 43,367,550 common shares of the Company ("Common Shares") at a price of $0.15 per Common Share, and 11,000,000 common shares issued on a flow-through basis (the "FT Shares" and, together with the Common Shares, the "Offered Securities")...
2020-08-21 9:06 AM EDT
Maritime Resources Upsizes Bought Deal Private Placement to $8.7 Million
Toronto, Ontario--(Newsfile Corp. - July 31, 2020) - Maritime Resources (TSXV: MAE) ("Maritime" or the "Company") is pleased to announce that it has entered into an amending agreement with Sprott Capital Partners LP ("Sprott"), on its own behalf and on behalf of a syndicate of underwriters (together with Sprott referred to collectively as the "Underwriters"), to increase the size of its previously announced "bought deal" private placement from $6,000,000 to $8,705,132.50 (the "Upsized...
2020-07-31 8:19 PM EDT
Maritime Resources Announces $6,000,000 Bought Deal Private Placement
Toronto, Ontario--(Newsfile Corp. - July 30, 2020) - Maritime Resources (TSXV: MAE) ("Maritime" or the "Company") is pleased to announce that it has entered into an agreement with Sprott Capital Partners LP ("Sprott") on its own behalf and on behalf of a syndicate of underwriters (together with Sprott referred to collectively as the "Underwriters") to issue, on a "bought deal" private placement basis, $6,000,000 of securities of the Company (the "Offering"), consisting of 26,666,667 common...
2020-07-30 8:00 AM EDT
Maritime Resources Reports Additional Results from Its Hammerdown Drill Program, Intersects 29.58 gpt Gold over 2.16 Metres
Toronto, Ontario--(Newsfile Corp. - July 27, 2020) - Maritime Resources (TSXV: MAE) ("Maritime" or the "Company") is pleased to announce additional assay results from its 10,000 metre ("m") diamond drill program at the Hammerdown Gold Project ("Hammerdown" or the "Project") located near the towns of Springdale and King's Point, Newfoundland and Labrador ("NL"). The 10,000 m program includes infill and grade control testing within the conceptual mine plan outlined in the recent Preliminary...
2020-07-27 7:00 AM EDT
Maritime Resources Reports Initial Results from Its Hammerdown Drill Program, Intersects 8.01 gpt Gold over 8.88 Metres
Toronto, Ontario--(Newsfile Corp. - July 15, 2020) - Maritime Resources (TSXV: MAE) ("Maritime" or the "Company") is pleased to announce initial assay results from its 10,000 metre diamond drill program at the Hammerdown Gold Project ("Hammerdown" or the "Project") located near the towns of Springdale and King's Point, Newfoundland and Labrador ("NL"). The 10,000 metre program includes infill and grade control testing within the conceptual mine plan outlined in the recent Preliminary Economic...
2020-07-15 7:00 AM EDT