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Off-market insider buying at Maritime Resources (V:MAE)

Updated Friday Mar 26, 2021 03:28 AM EDT

Dundee Corporation, a 10% Holder, acquired 11,250,000 Common Shares on an indirect ownership basis for registered holder Dundee Resources Limited at a price of $0.130 through a private transaction on March 22nd, 2021. This represents a $1,462,500 investment into the company's shares and an account share holdings change of 18.2%.

Maritime Resources is in the Gold Sub Industry Group under the Basic Materials Sector.

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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Go to Maritime Resources Corp. (MAE)'s company page

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