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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 focused on advancing the Hammerdown Gold Project in the Baie Verte District of Newfoundland and Labrador. 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 controls over 439 square kilometers (km2) of exploration land including the Green Bay, Whisker Valley, Gull Ridge and Point Rousse projects. The Company owns mineral processing assets in the Baie Verte mining district, which include the Pine Cove mill and the Nugget Pond gold circuit. It also owns the Lac Pelletier gold project in Rouyn Noranda, Quebec. Its land holding, across all its properties, covers an area of approximately 43,925 hectares, of which the Company holds a 100% mineral rights interest in 37,050 hectares with the remaining 2,175 hectares under option agreements (100%).


TSXV:MAE - Post by User

Bullboard Posts
Post by Wheeler44on Oct 11, 2006 9:41am
162 Views
Post# 11486510

US Tightens Cuba Trade Sanctions -

US Tightens Cuba Trade Sanctions -US tightens Cuba trade sanctions - US Attorney Alexander Acosta - Attorney Acosta said the move would make prosecutions easier - The US government has announced that it will aggressively pursue those who violate the decades-old US trade embargo with Cuba. A new task force has been set up to police the sanctions and those breaking them will face large fines. The chief federal prosecutor in Florida said anyone who travelled illegally or traded with Cuba would be punished. But critics say the move is an attempt to strengthen the Republican Party's vote ahead of congressional elections. Miami-based US Attorney Alexander Acosta said the measures would allow the US to better enforce its sanctions against Cuba. "The purpose of the sanctions is to isolate the Castro regime economically and deprive the Castro regime of the US dollars it so desperately seeks," said Mr Acosta. Tough talk Miami is the unofficial capital of the Cuban exile community, a key segment of the Republican vote. The BBC's Emilio San Pedro says such tough talk will be welcomed by the most conservative segments in the community who see the failing health of Cuban President Fidel Castro - as an opportunity to bring about political change on the island. Mr Acosta said anyone convicted of breaking the trade embargo would face the possibility of a 10-year prison sentence and a hefty fine. The task force will include the FBI and law enforcement units from the Treasury, Homeland Security and Commerce departments. It represents the latest move to tighten the restrictions on US-Cuba relations. Limitations were first imposed in the early 1960s and have been expanded since. https://news.bbc.co.uk/2/hi/americas/6039658.stm FYI. Beware: if u have a Cuban stamp in your passport - I would not travel to the US!
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