Toronto, Ontario--(Newsfile Corp. - November 27, 2024) - Maritime Resources Corp. (TSXV: MAE) (OTC Pink: MRTMF) ("Maritime" or the "Company") is pleased to announce results of additional surface sampling at the Hammerdown Gold Project ("Hammerdown" or the "Project") near the towns of King's Point and Springdale in the Baie Verte mining district of Newfoundland and Labrador. Hammerdown is an advanced stage, high grade gold development project that has all major permitting completed and has the benefit of access to the Company's existing Pine Cove mill facility. The additional surface sampling is being completed to support detailed mine planning work.

Toronto, Ontario--(Newsfile Corp. - October 9, 2024) - Maritime Resources Corp. (TSXV: MAE) (OTC Pink: MRTMF) ("Maritime" or the "Company") is pleased to announce that refurbishment work has begun at the Company's Pine Cove mill ("Pine Cove") 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 until the first quarter of 2023 and has been on a care and maintenance program since then.

Toronto, Ontario--(Newsfile Corp. - September 25, 2024) - Maritime Resources Corp. (TSXV: MAE) ("Maritime" or the "Company") is pleased to announce that Allen Palmiere, an existing member of the Company's board of directors (the "Board"), has been named Chairman of the Board. John Hayes has stepped down as Chairman but will continue as a member of the Board.

In accordance with regulatory requirements, Dundee Corporation (TSX: DC.A) (“Dundee”) announces that its wholly owned subsidiary, Dundee Resources Limited, has acquired by private agreement 47,000,000 common shares of Maritime Resources Corp. (TSXV...

Toronto, Ontario--(Newsfile Corp. - September 11, 2024) - Maritime Resources Corp. (TSXV: MAE) ("Maritime" or the "Company") and Dundee Corporation (TSX: DC.A) are pleased to announce the closing of Maritime's previously announced rights offering (the "Rights Offering"), pursuant to which the Company issued rights (the "Rights") to the holders of its common shares (the "Common Shares") at the close of business (Toronto time) on August 13, 2024. Each Right entitled to the holder to purchase one (1) Common Share at a price of $0.034 per Common Share.

VANCOUVER, BC, Sept. 6, 2024 /CNW/ - The following issues have been halted by CIRO

Toronto, Ontario--(Newsfile Corp. - August 6, 2024) - Maritime Resources Corp. (TSXV: MAE) ("Maritime" or the "Company") and Dundee Corporation (TSX: DC.A) are pleased to announce that Maritime is commencing a rights offering (the "Rights Offering") to the holders of common shares in the capital of the Company ("Common Shares") 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 stockpiled ore, finalizing and publishing a revised feasibility study pursuant to National Instrument 43-101 - Standards of Disclosure for Mineral Projects to optimize value for the Company's Hammerdown Gold Project, drilling 3,000 meters at the Stog'er Tight deposit and the remainder (if any) for general corporate purposes.

Toronto, Ontario--(Newsfile Corp. - July 17, 2024) - Maritime Resources Corp. (TSXV: MAE) (OTC Pink: MRTMF) ("Maritime" or the "Company") is pleased to announce positive results from an ongoing metallurgical test program for the Hammerdown Gold Project ("Hammerdown" or the "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 existing processing facility. The program was designed to confirm and optimize gold recovery data through the Company's Pine Cove mill, a 1,300 tonne per day flotation, regrind, leach and Merrill Crowe gold plant acquired in 2023.

Toronto, Ontario--(Newsfile Corp. - July 12, 2024) - Maritime Resources Corp. (TSXV: MAE) (OTC Pink: MRTMF) ("Maritime" or the "Company") announces that at the annual general and special meeting of shareholders of the Company (the "Meeting"), shareholders will be asked to pass, with or without variation, an ordinary resolution to approve a consolidation (the "Consolidation") of the common shares in the capital of the Company (the "Common Shares") on the basis of up to ten (10) pre-Consolidation Common Shares for one (1) post-Consolidation Common Share, as and when determined by the board of directors of the Company (the "Board") in its sole discretion.

Toronto, Ontario--(Newsfile Corp. - June 18, 2024) - Maritime Resources Corp. (TSXV: MAE) (OTC Pink: MRTMF) ("Maritime" or the "Company") 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 Company to issue a number of options up to 10% of its rolling issued and outstanding common shares. Including this issuance, the total outstanding options represent approximately 3.5% of the issued common shares of the Company. The options have an exercise price of $0.06 and are exercisable for a period of 5 years.

Toronto, Ontario--(Newsfile Corp. - June 6, 2024) - Maritime Resources Corp. (TSXV: MAE) (OTC Pink: MRTMF) ("Maritime" or the "Company") is pleased to provide an update for the Hammerdown Gold Project ("Hammerdown" or the "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.

Toronto, Ontario--(Newsfile Corp. - April 11, 2024) - Maritime Resources Corp. (TSXV: MAE) (OTC Pink: MRTMF) ("Maritime" or the "Company") 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.

Toronto, Ontario--(Newsfile Corp. - March 25, 2024) - Maritime Resources Corp. (TSXV: MAE) (OTC Pink: MRTMF) ("Maritime" or the "Company") is pleased to announce that it has completed a non-brokered private placement of 50,000,000 common shares of the Company ("Common Shares") at a price of $0.05 per Common Share and 3,648,069 common share purchase warrants ("Warrants") to FireFly Metals Ltd (ASX: FFM) ("Firefly") for aggregate gross proceeds of $2,500,000. Each Warrant entitles the holder to acquire one common share (each, a "Warrant Share") at a price of $0.05 per Warrant Share for 60 months from the date of issuance (the "Offering"). Following completion of the Offering, Firefly owns approximately 8.4% of the issued and outstanding Common Shares and approximately 8.95% on a partially diluted basis.

 

Toronto, Ontario--(Newsfile Corp. - February 29, 2024) - Maritime Resources Corp. (TSXV: MAE) (OTC Pink: MRTMF) ("Maritime" or the "Company") is pleased to announce that the Department of Industry, Energy and Technology ("IET") of the Province of Newfoundland and Labrador has approved the Closure and Development plans for the Hammerdown Gold Project ("Hammerdown" or the "Project"). The Project is located near the towns of King's Point and Springdale in the Baie Verte mining district.

 

Toronto, Ontario--(Newsfile Corp. - February 21, 2024) - Maritime Resources Corp. (TSXV: MAE) ("Maritime" or the "Company") is pleased to announce that it will be attending the Prospectors and Developers Association of Canada ("PDAC") conference on March 3-6, 2024, 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.

Toronto, Ontario--(Newsfile Corp. - February 15, 2024) - Maritime Resources Corp. (TSXV: MAE) (OTC PINK: MRTMF) ("Maritime" or the "Company") is pleased to provide an update of the exploration potential and plans at its Point Rousse project in the Baie Verte mining district of Newfoundland and Labrador (the "Point Rousse Project"). The Point Rousse Project covers 57 km2 and has a long history of gold production and exploration with over 200,000 ounces of gold produced in the last 10 years. Maritime acquired the project from Signal Gold Inc. ("Signal Gold") in August 2023, including the Pine Cove mill and tailings storage facility.

Toronto, Ontario--(Newsfile Corp. - January 18, 2024) - Maritime Resources Corp. (TSXV: MAE) (OTC Pink: MRTMF) ("Maritime" or the "Company") is pleased to report additional bedrock sample assays from the Black Ridge gold rich volcanic massive sulphide (VMS) target in Newfoundland and Labrador. Black Ridge is located at the southwest corner of the Company's land holdings, approximately 15 km from the Hammerdown Gold Project near the communities of King's Point and Springdale. The property is at an early stage of exploration but hosts several high-grade gold, silver and copper showings in outcrop, float, and soil samples.

Toronto, Ontario--(Newsfile Corp. - January 15, 2024) - Maritime Resources Corp. (TSXV: MAE) (OTC Pink: MRTMF) ("Maritime" or the "Company") is pleased to report it has initiated a precious metals clean up program at the Company's newly acquired Pine Cove mill complex, located in the Baie Verte mining district, approximately 20 km from the town of Baie Verte, Newfoundland and Labrador. Maritime's mill employees have recovered and poured a gold doré bar containing 281.1 ounces of gold generating approximately C$750,000 of revenue. Over the next few months the remaining fines and residues throughout the mill will be collected and concentrated by a specialized contractor for shipment to a refinery for final recovery of any precious metals. The proceeds will be used for general working capital purposes.

Toronto, Ontario--(Newsfile Corp. - December 1, 2023) - Maritime Resources (TSXV: MAE) ("Maritime" or the "Company") is pleased to announce that all items put before the shareholders of the Company at the Company's 2023 Annual General and Special Meeting (the "Meeting") held on Thursday, November 30, 2023 were approved. Immediately following the Meeting, effective November 30, 2023, the following director and officer changes occurred to reflect the continued evolution and development of Maritime:

Toronto, Ontario--(Newsfile Corp. - November 27, 2023) - Maritime Resources Corp. (TSXV: MAE) (OTC Pink: MRTMF) ("Maritime" or the "Company") is pleased to report it has staked the Black Ridge volcanic massive sulphide (VMS) target in Newfoundland and Labrador. Black Ridge is located at the southwest corner of the Company's land holdings, approximately 15 km from the Hammerdown Gold Project near the communities of King's Point and Springdale. The property is at an early stage of exploration but hosts several high-grade gold, silver and copper showings in outcrop, float and soil samples.

Toronto, Ontario--(Newsfile Corp. - November 24, 2023) - Maritime Resources Corp. (TSXV: MAE) ("Maritime" or the "Company") announces its Annual General and Special Meeting ("AGSM") will be held on Thursday, November 30, 2023 at 10:00 am EST at Maritime's Toronto office at 19th Floor, 110 Yonge Street, Toronto, Ontario.

 

Maritime Resources Corp CEO Garrett Macdonald joined Steve Darling from Proactive to share important developments regarding the company's project in Newfoundland and Labrador.

Toronto, Ontario--(Newsfile Corp. - October 11, 2023) - Maritime Resources Corp. (TSXV: MAE) ("Maritime" or the "Company") is pleased to provide an update on its Hammerdown and Point Rousse Gold Projects. The combined projects cover over 450 km2 and are located within the Baie Verte Mining District, near the towns of King's Point and Ming's Bight. Maritime recently acquired the Point Rousse assets from Signal Gold Inc. ("Signal"), including the Pine Cove processing plant, an in-pit tailings facility, access to a deep water port and over 54 km2 of highly prospective land.

Toronto, Ontario--(Newsfile Corp. - August 24, 2023) - Maritime Resources Corp. (TSXV: MAE) ("Maritime" or the "Company") is pleased to announce the closing of the final tranche of its previously announced non-brokered private placement (the "Offering") of 4,000,000 units ("Units") at a price of $0.04 per Unit for aggregate gross proceeds of $160,000. Each Unit is comprised of one common share (each, a "Share") and one common share purchase warrant (each, a "Warrant"), with each Warrant entitling the holder to acquire one Share (each, a "Warrant Share") at a price of $0.07 per Warrant Share (the "Exercise Price") until August 14, 2026 (the "Warrant Expiry Date"). The Warrants are governed by the terms of a warrant indenture entered into between the Company and Computershare Trust Company of Canada, as warrant agent, dated as of August 14, 2023. Completion of the Offering is subject to the final approval of the TSX Venture Exchange (the "Exchange").

In accordance with regulatory requirements, Dundee Corporation (TSX: DC.A) (“Dundee”) announces that its wholly owned subsidiary, Dundee Resources Limited, has acquired US$1,000,000 principal amount non-convertible senior secured notes of Maritime...

Toronto, Ontario--(Newsfile Corp. - August 21, 2023) -  Maritime Resources Corp. (TSXV: MAE) ("Maritime" or the "Company") is pleased to announce the closing of its previously announced acquisition (the "Acquisition") of all of the outstanding shares of Point Rousse Mining Inc. ("Point Rousse") from Signal Gold Inc. ("Signal" or the "Vendor") and the closing of its two previously announced financings, including a US$5.0M principal amount brokered note and common share purchase warrant offering (the "Note Offering") and C$1.735M of the first tranche under its up to C$3.0 million non-brokered private placement (the "Unit Offering", together with the Note Offering, the "Offerings") of units of the Company. The Note Offering included the previously announced investment by New Found Gold to acquire US$2.0 million principal amount of notes and warrants. Completion of the Offerings is subject to the final approval of the TSX Venture Exchange (the "Exchange").

Toronto, Ontario--(Newsfile Corp. - August 14, 2023) - Maritime Resources Corp. (TSXV: MAE) ("Maritime" or the "Company") is pleased to announce New Found Gold Corp. (TSXV: NFG) (NYSE American: NFGC) ("New Found") as the lead investor in its previously announced brokered private placement (the "Note Offering") of non-convertible senior secured notes (the "Notes") and common share purchase warrants (the "Note Warrants"). As announced by New Found, it intends to acquire US$2,000,000 principal amount of Notes and 15,324,571 Note Warrants.

Toronto, Ontario--(Newsfile Corp. - July 27, 2023) - Maritime Resources Corp. (TSXV: MAE) ("Maritime" or the "Company") is pleased to announce a non-brokered private placement (the "Unit Offering") of up to 75,000,000 units (the "Units") at a price of $0.04 per Unit for aggregate gross proceeds of up to $3,000,000. Each Unit is comprised of one common share of the Company (each, a "Common Share") and one common share purchase warrant (each, a "Unit Warrant"). Each Unit Warrant will entitle the holder thereof to acquire one common share (each, a "Warrant Share") at a price of $0.07 (the "Exercise Price") per Warrant Share for 36 months.

Toronto, Ontario--(Newsfile Corp. - June 19, 2023) -  Maritime Resources Corp. (TSXV: MAE) ("Maritime" or the "Company") is pleased to announce that it has entered into a share purchase agreement with Signal Gold Inc. ("Signal" or the "Vendor") dated June 16, 2023 pursuant to which the Vendor will sell, assign and transfer to the Company and the Company will purchase all of the shares of Point Rousse Mining Inc. (the "Transaction"), which owns all of the property, assets, mineral rights, royalties and liabilities underlying the Point Rousse Project located in the Province of Newfoundland and Labrador (the "Project"), for aggregate consideration of C$4 million plus the assumption of certain liabilities associated with the Project, comprised of: (i) C$3 million in cash (the "Cash Purchase Price"); and (ii) 23,970,218 common shares (the "Consideration Shares") in the capital of the Company issued at a deemed price of approximately C$0.04172 per Consideration Share, plus the applicable assumed liabilities. The Consideration Shares will be subject to a statutory four-month and one day hold period from the date of issuance. In order to provide certainty for the completion of the Transaction, the Company obtained two separate commitment letters to provide the Company with the Cash Purchase Price.

Toronto, Ontario--(Newsfile Corp. - May 9, 2023) - Maritime Resources Corp. (TSXV: MAE) ("Maritime" or the "Company") is pleased to announce that the province of Newfoundland and Labrador has been ranked #4 globally for mining attractiveness by the Fraser Institute. The 2022 Annual Survey of Mining Companies ranks 62 jurisdictions around the world for their geologic mineral potential, policy factors and quality of infrastructure. https://www.fraserinstitute.org/sites/default/files/annual-survey-of-mining-companies-2022.pdf.

Toronto, Ontario--(Newsfile Corp. - April 11, 2023) - Maritime Resources Corp. (TSXV: MAE) ("Maritime" or the "Company") is pleased to provide an update on exploration activity on the Whisker Valley and El Strato gold properties in the Baie Verte mining district of Newfoundland and Labrador. Maritime announces the discovery of a new high-grade gold prospect at the Whisker Valley project and has acquired an option on an additional mineral license, the 125 hectare, five-claim El Strato Property to consolidate a well-defined gold trend spanning 7 kilometres ("kms"). The El Strato gold mineralization is located proximal to the regionally significant Baie Verte Brompton Line (BVBL) and is a structurally controlled orogenic style that is comparable to the prolific gold rich Abitibi Archean greenstone belt of Central-Southern Quebec.

Toronto, Ontario--(Newsfile Corp. - March 1, 2023) - Maritime Resources Corp. (TSXV: MAE) ("Maritime" or the "Company") is pleased to provide an update on the Company's activities at the 100% owned Hammerdown Gold Project ("Hammerdown" or the "Project") in the Baie Verte mining district of Newfoundland and Labrador, Canada near the Towns of King's Point and Springdale.

Toronto, Ontario--(Newsfile Corp. - February 6, 2023) - Maritime Resources Corp. (TSXV: MAE) ("Maritime" or the "Company") is pleased to provide an update on exploration activities near the Company's 100% owned Hammerdown Gold Project ("Hammerdown" or the "Project") in the Baie Verte mining district of Newfoundland and Labrador, Canada near the Towns of King's Point and Springdale. Maritime is currently conducting a 5,000-metre diamond drill program near Hammerdown, focusing on near-mine exploration targets along the 3-kilometre trend between the Orion project and the Golden Anchor zone.

Toronto, Ontario--(Newsfile Corp. - December 7, 2022) - Maritime Resources Corp. (TSXV: MAE) ("Maritime" or the "Company") is pleased to provide an update on exploration activities near the Company's 100% owned Hammerdown Gold Project ("Hammerdown" or the "Project") in the Baie Verte mining district of Newfoundland and Labrador, Canada near the Towns of King's Point and Springdale. Maritime is currently conducting a 5,000-metre diamond drill program near Hammerdown, focusing on near-mine exploration targets along the 3-kilometre trend between the Orion project and the Golden Anchor zone

Toronto, Ontario--(Newsfile Corp. - December 2, 2022) - Maritime Resources Corp. (TSXV: MAE) ("Maritime" or the "Company") announces its Annual General Meeting ("AGM") on Thursday, December 8, 2022 will be held at 10:00 am EST at Maritime's Toronto office at 19th Floor, 110 Yonge Street, Toronto, Ontario.

Toronto, Ontario--(Newsfile Corp. - November 1, 2022) - Maritime Resources Corp. (TSXV: MAE) ("Maritime" or the "Company") is pleased to announce it has commenced a diamond drill exploration program at its 100% owned Hammerdown Gold Project ("Hammerdown" or the "Project") in the Baie Verte mining district of Newfoundland and Labrador, Canada near the Towns of King's Point and Springdale. The 5,000 metre ("m") drill program is aimed at a series of shallow gold targets along a three-kilometre ("km") stretch of the Hammerdown trend between the Orion and Golden Anchor gold zones.

Toronto, Ontario--(Newsfile Corp. - October 7, 2022) - Maritime Resources (TSXV: MAE) ("Maritime" or the "Company") is pleased to announce that it has filed on SEDAR the independent feasibility study technical report dated October 6, 2022, with an effective date of August 15, 2022 ("Technical Report"), prepared by JDS Energy & Mining Inc., for its Hammerdown Gold Project, located in the Baie Verte mining district of Newfoundland and Labrador, Canada near the towns of King's Point and Springdale. The Technical Report has been filed in accordance with the requirements of National Instrument 43-101 - Standards of Disclosure for Mineral Projects. The results of the Technical Report were previously announced in the Company's press release dated August 23, 2022. A copy of the Technical Report is located on the Company's website (www.maritimeresourcescorp.com) and under the Company's profile on SEDAR.