Maritime Resources Corp.

Recent News

Maritime Provides Update on Newfoundland Projects

Toronto, Ontario--(Newsfile Corp. - April 24, 2019) - Maritime Resources Corp. (TSXV: MAE) ("Maritime" or the "Company") is pleased to provide shareholders with an update on its Newfoundland gold projects, including the high grade Hammerdown development project. Maritime's Hammerdown and Whisker Valley gold exploration projects are both located near the Baie Verte Mining District and Springdale, Newfoundland and Labrador. The Hammerdown deposit is characterized by a number of near-vertical,...

2019-04-24 7:00 AM EDT

Maritime Raises Gross Proceeds of $6,062,500 on Closing of Its Previously Announced Non-Brokered Private Placement

Toronto, Ontario--(Newsfile Corp. - April 16, 2019) - Maritime Resources Corp. (TSXV: MAE) ("Maritime" or the "Company") is pleased to announce that it closed its previously announced non-brokered private placement raising aggregate gross proceeds of $6,062,500 through the issuance of a combination of units (the "Units") at a price of $0.10 per Unit and flow-through units (the "FT Units") at a price of $0.12 per FT Unit (the "Offering"). The Company issued a total of 56,596,662 Units and FT...

2019-04-16 9:40 PM EDT

Maritime Announces an Increase to Its Previously Announced Non-Brokered Private Placement from up to $5,000,000 to up to $6,250,000

Toronto, Ontario--(Newsfile Corp. - April 9, 2019) - Maritime Resources Corp. (TSXV: MAE) ("Maritime" or the "Company") is pleased to announce that is has increased the size of its previously announced non - brokered private placement from up to $5 million to up to $6.25 million through the issuance of a combination of units (the "Units") at a price of $0.10 per Unit and flow-through units (the "FT Units") at a price of $0.12 per FT Unit (the "Offering"). The other terms of the Offering,...

2019-04-09 8:36 PM EDT

Maritime Announces $5,000,000 Non - Brokered Private Placement

Toronto, Ontario--(Newsfile Corp. - March 14, 2019) - Maritime Resources Corp. (TSXV: MAE) ("Maritime" or the "Company") is pleased to announce a non - brokered private placement of up to $5 million through the issuance of a combination of units (the "Units") at a price of $0.10 per Unit and flow-through units (the "FT Units") at a price of $0.12 per FT Unit (the "Offering"). Each Unit consists of one common share and one-half (1/2) of one transferable common share purchase warrant...

2019-03-14 6:13 PM EDT

Maritime Announces High Grade Results at Whisker Valley

Toronto, Ontario--(Newsfile Corp. - February 25, 2019) - Maritime Resources Corp. (TSXV: MAE) ("Maritime" or the "Company") is pleased to provide an update on its recent exploration program at the Whisker Valley gold project, a new exploration target located 10 kilometres north of the Company's high-grade Hammerdown gold project in the Baie Verte Mining District, Newfoundland & Labrador. Whisker Valley Assay Interval Highlights Maritime's initial 650m diamond drill program at Whisker Valley...

2019-02-25 7:00 AM EST

Maritime Provides Corporate Update and 2019 Outlook

Toronto, Ontario--(Newsfile Corp. - February 21, 2019) - Maritime Resources Corp. (TSXV: MAE) ("Maritime" or the "Company") is pleased to provide shareholders with an update on its recent exploration and development activities along with planned work for 2019. Maritime's Hammerdown gold project and Whisker Valley gold exploration project are both located near the Baie Verte Mining District and Springdale, Newfoundland and Labrador. The Company has recently undergone a number of corporate...

2019-02-21 7:00 AM EST

Maritime Announces Management Changes

Vancouver, British Columbia--(Newsfile Corp. - February 7, 2019) - Maritime Resources Corp. (TSXV: MAE) ("Maritime" or the "Company") announced that the following management changes have occurred: Ms. Niina Makela has resigned as Maritime's Chief Financial Officer; Ms. Germaine M. Coombs CPA, CMA has been appointed as Maritime's Chief Financial Officer; Ms. Jacqueline Collins has resigned Maritime's Corporate Secretary; and Ms. Lorna D. MacGillivray LLB has been appointed as Maritime's...

2019-02-07 6:04 PM EST

Maritime Announces Board and Management Changes

Vancouver, British Columbia--(Newsfile Corp. - February 1, 2019) - Maritime Resources Corp. (TSXV: MAE) ("Maritime") announced that effective January 31, 2019 the following board and management changes have occurred to reflect the continued evolution and development of Maritime as it works to further advance the high-grade Hammerdown gold project and its Whisker and Orion exploration projects in Newfoundland: Mr. Douglas Fulcher will no longer serve as Maritime's President and Chief Executive...

2019-02-01 6:30 AM EST

Maritime Starts Drill Program at Whisker Valley Project

Vancouver, British Columbia--(Newsfile Corp. - December 6, 2018) - Maritime Resources Corp. (TSXV: MAE) ("Maritime") is pleased to announce the start of the Company's initial drill program on the Whisker gold project which is located approximately 10 kilometres from the Hammerdown gold deposit on the Green Bay Property in Newfoundland and Labrador, Canada. The Whisker Valley drill program will focus on a gold vein system that was trenched and channel sampled in the fall of 2017. Results from...

2018-12-06 8:00 AM EST

Maritime Announces the Appointment of 3 New Board Members

Vancouver, British Columbia--(Newsfile Corp. - November 8, 2018) - Maritime Resources Corp. (TSXV: MAE) ("Maritime") On the completion of the recently closed $3.5 million financing with Dundee Resources Ltd. and Sprott Inc., Maritime is pleased to announce the appointment of three new independent board members to further enhance the team. The new appointees include Mr. John Hayes as Director who will also serve as Chair of the Board, Mr. Garett Macdonald and Mr. Mark Ashcroft as directors of...

2018-11-08 4:05 PM EST

Maritime Announces the Closing of the $3.5 million Private Placement

Vancouver, British Columbia--(Newsfile Corp. - November 8, 2018) - Maritime Resources Corp. (TSXV: MAE) ("Maritime" or the "Company") is pleased to announce that it has closed its non - brokered private placement previously announced on October 11, 2018. The Company has raised $3,502,959 through the issuance of a combination of 25,460,900 Units (the "Units") at a price of $0.11 per Unit and 5,402,000 Flow-Through units (the "FT Units") at a price of $0.13 per FT Unit (the "Offering"). Each...

2018-11-08 8:00 AM EST

Maritime Announces $3,500,000 Non-Brokered Private Placement

Vancouver, British Columbia--(Newsfile Corp. - October 11, 2018) - Maritime Resources Corp. (TSXV: MAE) ("Maritime" or the "Company") is pleased to announce a non - brokered private placement of up to $3,500,000 through the issuance of a combination of units (the "Units") at a price of $0.11 per Unit and flow-through units (the "FT Units") at a price of $0.13 per FT Unit (the "Offering"). The company is pleased to announce that Dundee Resources Limited and Sprott Inc intend to participate...

2018-10-11 5:29 PM EDT

Maritime Purchase Agreement with Inomin Mines gets shareholder approval to Acquire over 3,225 Hectares of Minerals Claim that extends our Hammerdown, Green Bay Property

Vancouver, British Columbia--(Newsfile Corp. - October 3, 2018) - Maritime Resources Corp. (TSXV: MAE) ("Maritime" or "the Company") is pleased to announce that Inomin Mines Inc. (TSXV: MINE) ("Inomin") has received shareholder approval and acceptance from the TSX Venture Exchange to conclude the Option to Purchase Agreement between Maritime and Inomin on the King's Point property. On May 16, 2018 Maritime entered into an option agreement with Inomin to acquire 100% interest in their King's...

2018-10-03 8:00 AM EDT

Maritime Resources Corp.: Geophysics at Whisker Valley Extends Gold Vein Potential to 500 Metre Strike Length

Vancouver, British Columbia--(Newsfile Corp. - September 26, 2018) - Maritime Resources Corp. (TSXV: MAE) ("Maritime") is pleased to announce interpreted results of the Geophysical survey on the company's Whisker Valley gold project located approximately 10 kilometres from our signature Hammerdown gold deposit located on the nearby Green Bay Property in Newfoundland and Labrador, Canada. Geophysical Program The newly discovered gold vein system on the Whisker Valley gold property has been...

2018-09-26 8:00 AM EDT

Maritime and Rambler Sign Letter of Intent for a Toll Milling Agreement To Process Ore at the Nugget Pond Mill from the Past Producing Hammerdown Mine

Vancouver, British Columbia--(Newsfile Corp. - September 19, 2018) - Maritime Resources Corp. (TSXV: MAE) (the "Company") is pleased to announce that the Company has entered into a nonbinding Letter of Intent with Rambler Metals and Mining Canada Limited, a subsidiary of Rambler Metals and Mining plc (AIM: RMM) (TSXV: RAB) ("Rambler") for a Toll Milling Agreement ("Agreement") to process ore from the past producing Hammerdown gold mine at Rambler's idle Nugget Pond carbon in pulp (CIP)...

2018-09-19 8:00 AM EDT

Maritime Announces Continued High Grade Gold Results from Drilling at Hammerdown

Vancouver, British Columbia--(Newsfile Corp. - September 13, 2018) - Maritime Resources Corp. (TSXV: MAE) ("Maritime") is pleased to announce the final set of drill results from the 2018 diamond drilling program at the Hammerdown gold deposit on the companies Green Bay Properties. The Company completed 1,733 meters drilling in 31 drill holes immediately south of the historical open pit mining area. The program was designed to follow up on the unmined J, K L and M3 gold rich quartz/sulphide...

2018-09-13 8:00 AM EDT

Bid to Acquire Maritime Assets Has Been Withdrawn

Vancouver, British Columbia--(Newsfile Corp. - July 12, 2018) - Maritime Resources Corp. (TSXV: MAE) ("Maritime" or the "Company") is pleased to announce that Anaconda Mining Inc. has formally withdrawn their unsolicited bid to acquire all of the outstanding shares of Maritime Resources Corp. Our team of advisors and management have worked hard to demonstrate to our shareholders that the unsolicited bid launched by Anaconda on April 13, 2018 did not truly reflect the value of Maritime's...

2018-07-12 7:24 PM EDT

Maritime Addresses Inaccuracies of Unsolicited Offer and Closing of Private Placement

Vancouver, British Columbia--(Newsfile Corp. - July 6, 2018) - Maritime Resources Corp. (TSXV: MAE) ("Maritime" or the "Company") wishes to address the misinformation in Anaconda Mining Inc's ("Anaconda") July 4th, 2018, press release and are pleased to announce the closing of the private placement. The Unsolicited Offer Maritime wishes to clarify the misinformation and lack of clarity provided in Anaconda’s press release issued July 4th, 2018. Shareholders should be advised on the following:...

2018-07-06 6:30 PM EDT

Maritime Receives 52% Shareholder Consent to Approve Private Placement

Vancouver, British Columbia--(Newsfile Corp. - June 28, 2018) - Maritime Resources Corp. (TSXV: MAE) ("Maritime" or the "Company") is pleased to announce that it has received support from holders of more than 52% of the Company's outstanding shares in the form of written consent to its proposed private placement (as more particularly detailed in the June 22, 2018, release) (the "Offering"). The majority shareholder support is intended to satisfy the TSX Venture Exchange (the "TSX-V")...

2018-06-28 8:00 AM EDT

Maritime Convenes Shareholder Meeting to Approve Private Placement

Vancouver, British Columbia--(Newsfile Corp. - June 22, 2018) - Maritime Resources Corp. (TSXV: MAE) ("Maritime" or the "Company") has called a meeting (the "Meeting") of its shareholders (the "Shareholders") at 1500, 1055 West Georgia Street, Vancouver, British Columbia at 10:00 am on July 17, 2018. At the Meeting, the Company will seek approval for its non-brokered private placement of units (the "Units") to raise $1,500,000 at a price of $0.10 per Unit and flow-through units (the "FT...

2018-06-22 9:02 PM EDT

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