Maritime Announces the Resignation of Mr. David McCue
Vancouver, British Columbia--(Newsfile Corp. - May 5, 2017) - Maritime Resources Corp. (TSXV: MAE) ("Maritime" or "the Company") announces that Mr. David McCue has resigned as Chairman and Director of the Company effective April 24th, 2017. Dave was one of the original founding directors of the Company in 2007 and has remained active both on the board and as the Company's Chairman. On behalf of the board and employees of the Company, we thank him for his years...
2017-05-05 8:00 AM EDT
Maritime Arranges Bridge Financing
Vancouver, British Columbia--(Newsfile Corp. - April 27, 2017) - Maritime Resources Corp. (TSXV: MAE) ("Maritime" or "the Company") announces the Bridge Financing for $500,000 for a term of one year. Under the terms of the loan agreement, the lender will be paid 8% interest and will receive 333,333 bonus shares of the Company on 50% ($250,000) of the loan at a deemed price of $0.15 per share and 1,666,666 non-transferable warrants on the remaining 50% ($250,000). Each warrant...
2017-04-27 11:00 AM EDT
Maritime Files Prefeasibility Study on the Hammerdown Gold Mine
Vancouver, British Columbia--(Newsfile Corp. - April 13, 2017) - Maritime Resources Corp. (TSXV: MAE) ("Maritime" or "the Company") announces the filing of a technical report, prepared in accordance with National Instrument 43-101 regarding a Prefeasibility Engineering Study and Economic Assessment ("PFS" or "Study") aimed to reopen the past producing Hammerdown gold project in Newfoundland and Labrador, Canada.The study, entitled "Pre-Feasibility Technical Report, Greenbay Property" was...
2017-04-13 6:43 PM EDT
Maritime Options Whisker Valley High Grade Gold Project Near Hammerdown
Vancouver, British Columbia--(Newsfile Corp. - March 21, 2017) - Maritime Resources Corp. (TSXV: MAE) ("Maritime" or "the Company") is very pleased to announce that it has concluded an option agreement to earn a 100% interest in a property covering a number of high grade gold veins close to the Company's Hammerdown Gold Deposit in Newfoundland, Canada.The 52-square kilometre Whisker Valley property ("Whisker") consists of claim units owned by a Newfoundland prospecting partnership. Optioning...
2017-03-21 7:00 AM EDT
Maritime's Prefeasibility Study on the Hammerdown Gold Mine Returns an IRR of 46.8% and NPV (8%) of $71.2M
Vancouver, British Columbia--(Newsfile Corp. - March 2, 2017) - Maritime Resources Corp. (TSXV: MAE) ("Maritime") is pleased to announce that they have completed the Prefeasibility Engineering Study and Economic Assessment ("PFS" or "Study") aimed to reopen the past producing Hammerdown gold project in Newfoundland and Labrador, Canada.The PFS was evaluated on the Measured & Indicated NI43-101 mineral resource estimate for the past producing Hammerdown gold deposit. The study was completed by...
2017-03-02 6:00 AM EST
Maritime Announces the Appointment of Andrew Pooler as Chief Operating Officer
Vancouver, British Columbia--(Newsfile Corp. - August 10, 2016) - Maritime Resources Corp. (TSXV: MAE) ("Maritime"), is pleased to announce the appointment of Mr. Andrew Pooler as the Company's Chief Operating Officer (COO). Andy will be overseeing the Pr
2016-08-10 9:00 AM EDT
Maritime Closes a $2,475,000 Financing
Vancouver, British Columbia--(Newsfile Corp. - July 20, 2016) - Maritime Resources Corp. (TSXV: MAE) is pleased to report that the non-brokered private placement announced on June 17, 2016 has closed for gross proceeds of $2,475,000. The Company has issued 16,500,000 Equity Units at $0.14 per Equity Unit and 16,500,000 Royalty Units at $0.01 per Royalty Unit. Each Equity Unit consists of one common share and one half of one non-transferable share purchase warrant (the "Warrants"). Each whole...
2016-07-20 12:38 PM EDT
Maritime Announces $2,250,000 Non-Brokered Financing
Vancouver, British Columbia--(Newsfile Corp. - June 17, 2016) - Maritime Resources Corp. (TSXV: MAE) ("Maritime") is pleased to announce that, subject to regulatory approval, the Company proposes to raise up to $2,250,000 (the "Offering") by way of a non-brokered private placement of units (the " Equity Units") coupled with a streaming Royalty (the "Royalty Units").The financing will comprise up to 15,000,000 Equity Units at a price of $0.14 per Equity Unit. Each Equity Unit will consist of...
2016-06-17 2:06 PM EDT
Maritime Engages WSP Canada Inc. to Complete Prefeasibility Study
Vancouver, British Columbia--(Newsfile Corp. - May 16, 2016) - Maritime Resources Corp. (TSXV: MAE) ("Maritime") is pleased to announce that a Prefeasibility Study ("PFS") has been initiated on the Company's Hammerdown, Rumbullion and Orion gold deposits that forms the basis of the Green Bay Property resource portfolio located in Newfoundland and Labrador, Canada. The PFS will be conducted on the NI 43-101 mineral resource estimate completed in May 2013 (see release of May 28th 2013) that...
2016-05-16 7:00 AM EDT
Maritime and Rambler Sign Engineering and Evaluation Agreement to Determine the Viability of Restarting the Past Producing Hammerdown Mine
Vancouver, British Columbia--(Newsfile Corp. - May 9, 2016) - Maritime Resources Corp. (TSXV: MAE) (the "Company") is pleased to announce that the Company has entered into an Engineering, Evaluation and Services Agreement ("Agreement") with Rambler Metals and Mining PLC ("Rambler") to evaluate the economic potential of re-opening the past producing Hammerdown gold mine located within Maritime's Green Bay Property, Newfoundland and Labrador, Canada.Under the terms of the Agreement, the...
2016-05-09 7:00 AM EDT
Maritime Closes a Portion of Financing
Vancouver, British Columbia--(Newsfile Corp. - April 26, 2016) - Maritime Resources Corp. (TSXV: MAE) is pleased to report that a portion of the non-brokered private placement announced on April 18, 2016 has closed for gross proceeds of $790,500. The Company has issued 5,270,000 Equity Units at $0.14 per Equity Unit and 5,270,000 Royalty Units at $0.01 per Royalty Unit. Each Equity Unit consists of one common share and one half of one non-transferable share purchase warrant (the "Warrants")....
2016-04-26 9:25 AM EDT
Maritime Announces $2,000,000 Non-Brokered Financing
Vancouver, British Columbia--(Newsfile Corp. - April 18, 2016) - Maritime Resources Corp. (TSXV: MAE) ("Maritime"), is very pleased to announce that, subject to regulatory approval, the Company proposes to raise up to $2,000,000 (the "Offering") by way of a non-brokered private placement of units (the " Equity Units") coupled with a streaming Royalty (the "Royalty Units").The financing will comprise up to 13,500,000 Equity Units at a price of $0.14 per Equity Unit. Each Equity Unit will...
2016-04-18 1:51 PM EDT
Maritime Amends Option Agreement with Commander for Purchase of Maritime Shares
Vancouver, British Columbia--(Newsfile Corp. - April 7, 2016) - Maritime Resources Corp. (TSXV: MAE), "Maritime" and Commander Resources Ltd. (TSXV: CMD) "Commander" are pleased to announce that they have agreed to amend the terms of the option and share purchase agreement originally announced February 13, 2015. Commander currently holds 9,440,000 shares in Maritime reflecting 25.4% of the outstanding share of Maritime.Under the new modified terms Maritime will identify third parties to...
2016-04-07 9:00 AM EDT
Maritime Closes a Portion of Financing
Vancouver, British Columbia--(Newsfile Corp. - February 12, 2016) - Maritime Resources Corp. (TSXV: MAE) reports that a portion of the non-brokered private placement announced on November 5, 2015 has closed for gross proceeds of $195,000. The Company has issued 1,300,000 Equity Units at $0.14 per Equity Unit and 1,300,000 Royalty Units at $0.01 per Royalty Unit. Each Equity Unit consists of one common share and one half of one non-transferable share purchase warrant (the "Warrants"). Each...
2016-02-12 3:09 PM EST