Maritime Resources is pleased to announce the closing of its previously announced brokered "best efforts" private placement offering of common shares in the capital of the Company for aggregate gross proceeds of approximately $11,500,490. The Offering was led by Paradigm Capital, as lead agent and sole bookrunner, on a "best efforts" agency basis [...]
Maritime Resources is pleased to announce that it has entered into an agreement with Paradigm Capital as lead agent and sole bookrunner, for and on behalf of a syndicate of agents, in connection with a proposed best efforts private placement offering of up to 8,850,000 common shares in the capital of Maritime to be issued at $1.13 per Offered [...]
Maritime Resources is pleased to provide an update for the Hammerdown Gold Project. Additional grade control drilling south of the historic mine workings confirms the presence of a new orientation in mineralized trends with substantial gold grades and widths starting at surface 24.5 g/t gold over 13.9 m, including 42.2 gpt Au over 8.0 m in drill [...]
Maritime Resources announces that, further to its press release on May 26, 2025, it has consolidated the Company's issued and outstanding common shares on the basis of one new Common Share for every ten existing Common Shares . Each shareholder's percentage ownership in the Company and proportionate voting power remains unchanged after the [...]
Maritime Resources is pleased to announce that it has granted an aggregate of 17,062,800 incentive stock options under the Company's omnibus equity incentive plan, to certain directors, officers and employees of the Company. The Options are exercisable at a price of $0.11 per common share, will have a term of five years from the date of grant, and [...]
Maritime Resources announces it proposes to consolidate the Company's issued and outstanding common shares on the basis of one new Common Share for every ten existing Common Shares. Each shareholder's percentage ownership in the Company and proportionate voting power will remain unchanged after the Consolidation, except for minor changes and [...]
Maritime Resources is pleased to provide an update for the Hammerdown Gold Project, near the towns of King's Point and Springdale, including its Pine Cove milling facility located near the town of Baie Verte. Highlights: $20 million equity financing closed First gold recovered from stockpile processing at the Pine Cove mill All major permitting [...]
Maritime Resources is pleased to announce final drill results from a grade control drill program at the Hammerdown Gold Project. Highlights: 49.4 g/t gold over 2.6 m, including 153.9 gpt Au over 0.6 m in drill hole HDGC-25-235 94.5 gpt Au over 0.2 m in drill hole HDGC-25-265 25.8 gpt Au over 0.8 m, including 90.5 gpt Au over 0.2 m in drill hole [...]
Maritime Resources is pleased to announce additional drill results from a grade control drill program at the Hammerdown Gold Project. Hammerdown near the towns of King's Point and Springdale. Highlights: 5.5 g/g gold over 29.8 m, including 73.0 gpt Au over 1.5 m in drill hole HDGC-25-177 16.9 gpt Au over 2.5 m in drill hole HDGC-25-181 7.7 gpt Au [...]
Maritime Resources is pleased to announce the closing of its previously announced brokered "best efforts" private placement offering of units of the Company for aggregate gross proceeds of $20,002,500. The Offering was led by Paradigm Capital, as lead agent and sole bookrunner, on a "best efforts" agency basis, together with SCP Resource Finance [...]
Maritime Resources is pleased to announce that, in connection with its previously announced contemplated issuance of common shares to holders of US$5,000,000 non-convertible senior secured notes issued on August 14, 2023 , the Company has issued 2,573,090 Interest Shares in full satisfaction of the interest payable thereunder as of March 31, 2025 [...]
Maritime Resources announces that it has elected to issue an aggregate of up to 3,593,750 common shares to holders of US$5,000,000 non-convertible senior secured notes issued on August 14, 2023 in full satisfaction of the interest payable thereunder as of March 31, 2025 . The final dollar amount of the Interest Payment will be calculated using the [...]