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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 PaulHenderson75on Mar 19, 2018 1:36pm
178 Views
Post# 27740745

Additional Details of the Offer

Additional Details of the OfferReaders are cautioned that Anaconda may determine not to proceed with the Offer if:(i) it identifies material adverse information concerning the business, affairs, prospects or assets of Maritime not previously disclosed by Maritime; (ii) Maritime implements or attempts to implement defensive tactics (such as, but not limited to, the adoption of a shareholder rights plan, the grant of an option (or similar right) to purchase material assets, the issue of additional Maritime Shares, or the announcement of a significant acquisition by Maritime) in relation to the Offer. There can be no assurance that the Offer will proceed on the terms set out in this news release.

https://www.newswire.ca/news-releases/anaconda-announces-intention-to-acquire-maritime-resources-corp-677245523.html
Bullboard Posts