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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

Post by nozzpackon May 24, 2024 6:33am
116 Views
Post# 36055334

Prepped for Production…Strategic Appointments to BOD

Prepped for Production…Strategic Appointments to BOD

In Dec of 2023, two members of the BOD were replaced with two new appointees whose significance may not have been noticed by most investors.

These two appointees ........from Gold Resources which is an institutional investor in MAE ....and from Dundee which holds 20% of MAE shares...have excellent mining and financing backgrounds to guide us through the final stages of HD gold production .
 



Allen Palmiere, a CA-CPA by training, has more than 35 years of experience in the mining industry both from a financial and operational perspective.

Mr. Palmiere is currently CEO, President and Director of Gold Resource Corporation.

His international experience includes South Africa, Central America, Guyana and Brazil and 10 years of experience in China. Mr. Palmiere's expertise includes operations, executive management and financing, both debt and equity.

Additionally, Mr. Palmiere has extensive experience in mergers and acquisitions. Mr. Palmiere's former executive positions include HudBay Minerals Inc., Executive Chairman and CEO, Barplats Investments Ltd., Vice President, CFO, Zemex Corporation, and President and CEO, Breakwater Resources Ltd. Mr. Palmiere has also served as a director of numerous public companies. 

Matthew Goodman has over 12 years of experience in capital markets and junior mining. Matthew joined Dundee Corporation in 2013 as a member of Goodman & Company, Investment Counsel, where he was responsible for evaluating strategic resource investment opportunities for Dundee Corporation and the Goodman Gold Trust.

In September 2018, Mr. Goodman rejoined Goodman & Company, Investment Counsel, as an associate and, subsequently, as lead portfolio manager of the CMP and DGRC funds.

Throughout Matthew's tenure at Dundee, he has been a part of the corporate development team, overseeing Dundee's most significant on-balance sheet assets. Matthew's prior background includes in-field mineral exploration and equity capital markets experience.

Matthew is a CFA Charterholder and holds an Honours Bachelor of Arts degree, specializing in Global Economics and Microeconomic Analysis from York University.

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