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Maritime Resources Corp. (V:MAE)

Business Focus: Gold

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Insider Chart - Past 6 Months

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Insider Filings

Latest 10 SEDI filings for MAE within the last 6 months
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Company News

May 21, 2020 07:00 ET
Maritime Provides Corporate Update
Toronto, Ontario--(Newsfile Corp. - May 21, 2020) - Maritime Resources (TSXV: MAE) ("Maritime" or the "Company") is pleased to provide a corporate update on its plans for the Hammerdown Gold Project ("Hammerdown" or the "Project") located near King's Point, Newfoundland and Labrador and the appointment of Mr. Eric Tremblay, ing. as a technical advisor to the Company.
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May 15, 2020 20:19 ET
Maritime Raises Gross Proceeds of $3,500,000 on Closing of Its Previously Announced Non-Brokered Private Placement
Toronto, Ontario--(Newsfile Corp. - May 15, 2020) -  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 $3,500,000 through the issuance of a combination of common shares in the capital of the Company ("Common Shares") at a price of $0.06 per Common Share and flow-through Common Shares (the "FT Shares") at a price of $0.065 per FT Share (the "Offering"). The Company issued a total of 21,626,666 Common Shares and 33,883,076 FT Shares pursuant to the Offering.
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Valuation Ratios

Price to Sales - TTM
Price to Book - most recent quarter
Price to Cash Flow per share - TTM
Price to Free Cash Flow per share - TTM
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Short Report

DateNumber of Shares ShortedNet Change
May 15, 2020301,304240,535
Apr 30, 202060,769-2,140
Apr 15, 202062,90962,265
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Business Summary

Sector:  Basic Materials Industry:  Gold

Maritime Resources Corp. (Maritime) is a gold and base metals exploration and development company. The Company operates in mineral exploration and development segment. The Company focuses on Canadian mining opportunities. Maritime's Green Bay property in central Newfoundland and Labrador hosts the Company's gold and base metal deposits. The Orion Gold deposit is situated approximately 1.5 kilometers to the Southwest and the Lochinvar base-precious metal deposit is located over one kilometer East of Hammerdown. Maritime holds over 51.7 square kilometers (approximately 12,775 acres) of Green Bay property, which hosts the Company's gold and base metal deposits. The Green Bay property is host to approximately four gold deposits. In addition, Maritime is in the process of engaging an Environmental Engineering consulting firm to assist in the permitting process to bring the Hammerdown project back into production.

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