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Maritime Resources Corp V.MAE

Alternate Symbol(s):  MRTMF

Maritime Resources Corp. is a Canada-based gold exploration and development company. The Company is focused on advancing the Hammerdown Gold Project in the Baie Verte District of Newfoundland and Labrador, a top tier global mining jurisdiction. The Company holds a 100% interest directly and subject to option agreements entitling it to earn 100% ownership in the Green Bay Property, which includes the former Hammerdown gold mine and the Orion gold project. It also controls over 439 square kilometers (km2) of exploration land including the Green Bay, Whisker Valley, Gull Ridge and Point Rousse projects. Mineral processing assets owned by the Company in the Baie Verte mining district include the Pine Cove mill and the Nugget Pond gold circuit. The Point Rousse Project covers an area of approximately 54 km2. The Company also owns the Lac Pelletier gold project in Rouyn Noranda, Quebec. Its wholly owned subsidiary is 2823988 Ontario Corp.


TSXV:MAE - Post by User

Bullboard Posts
Post by therageron May 21, 2020 9:32am
202 Views
Post# 31055463

Very Generous Option Grant

Very Generous Option GrantWOW..a 5 year at the money option grant for the executive team that has done Nothing except enrich themselves and diliute the rest of us.  This I am sure was approved by the cheif overlord at Dundee who with a minority stake is defacto running this company.  SAD!!  Wake up people!!!

The Company announces that it has granted incentive stock options to certain officers, directors, employees and/or consultants of the Corporation to purchase up to 5,650,000 common shares in the capital of the Company until May 20, 2025, at an exercise price of $0.085 per share. The incentive stock options were granted in accordance with the Company's Stock Option Plan.

 
Bullboard Posts