Maritime Resources Corp V.MAE

Alternate Symbol(s): MRTMF

Metals & Mining Gold

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%).

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Maritime Resources Corp > Excess shares

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Comment by JollyRoger7on Sep 17, 2024 3:04am

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Post# 36226635

RE:RE:RE:RE:Excess shares

Shifty,

Just to update the saga, - I did comply with the rules and applied for a very modest additional amount. My Broker accepted the instruction but, to date, he has not been allocated any additional shares from MAE. I approached MAE some days ago but, so far, no respopnse.
It could possibly be that MAE are still calculating the scaling back and are yet to advise our Brokers.
Unfortunately, if I have to go into the open market now to buy those extra shares it will cost rather more than those on offer to private investors previously.

JR7

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