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Maritime Resources Corp. (V:MAE)

Business Focus: Gold

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Insider Filings

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

Oct 19, 2021 06:00 ET
Maritime Resources Intersects 20.1 gpt Gold over 3.0 Metres at Orion, Including 159.5 gpt Gold over 0.31 Metres
Toronto, Ontario--(Newsfile Corp. - October 19, 2021) - Maritime Resources Corp. (TSXV: MAE) ("Maritime" or the "Company") is pleased to announce drill results and an update from its ongoing 40,000 metre ("m") exploration program. The results reported are from drilling at the Hammerdown Gold Project ("Hammerdown" or the "Project") in the Baie Verte Mining District of Newfoundland and Labrador, Canada which includes the Hammerdown and Orion gold deposits. Exploration activities are ongoing with two diamond drill rigs now focusing on new regional targets near Hammerdown and west of the Green Bay fault at the Whisker Valley and Gull Ridge projects ("Figure 1").
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Jul 30, 2021 13:30 ET
Maritime Resources Reports Voting Results of Annual General Meeting and Stock Option Grant
Toronto, Ontario--(Newsfile Corp. - July 30, 2021) - 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 July 29, 2021. Maritime shareholders voted by in excess of 99.2% for the election of Messrs. John Hayes, Garett Macdonald, Mark Ashcroft, Nick Nikolakakis and Tom Yip as the directors of Company. The shareholders also approved the Stock Option Plan by a vote of 99.5% and unanimously approved of the appointment of Davidson & Company LLP, Chartered Accountants to serve as the Auditors of the Company for the coming year. Shareholders holding an aggregate of 48.42% of the shares outstanding voted in person or by proxy at the Meeting.
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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
Oct 15, 2021153,35194,347
Sep 30, 202159,00447,017
Sep 15, 202111,987-202,741
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Business Summary

Sector:  Basic Materials Industry:  Gold

Maritime Resources Corp. is a Canada-based gold and base metals exploration and development company. The Company operates in mineral exploration and development segment. Maritime's Green Bay property hosts the company's Hammerdown gold mine and the Orion gold deposit along with the Lochinvar zinc/silver rich Volcanogenic massive sulfide (VMS) deposit. The property is located approximately 5 km southwest of the Town of King's Point and approximately 15 km northwest of the Town of Springdale in Newfoundland & Labrador. The Orion deposit is located approximately 1.5 km southwest of the Hammerdown deposit. The Green Bay Property encompasses four gold deposits include Orion, Muddy Shag, Hammerdown and Rumbullion and all occur in the Hammerdown Deformation Zone (HDZ).

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