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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

Comment by shiftyoneon Oct 02, 2024 8:29pm
45 Views
Post# 36250913

RE:Does Firefly still own shares?

RE:Does Firefly still own shares?I guess that to me means, unless they really want the mill.  Firefly has the rights that they needed and is likely not interested in MAE's projects.  They have much bigger fish to fry.  And they have the rights now.  Even if it meant an $800 000 loss for them if they did sell their shares.

Maybe they still hold them.  They are just the only ones I can think of who might have had 47 million shares to sell.

I read another poster here a while ago mention another company.  But I could find no reference to that company acquiring that many shares in the summer of 2023 as suggested.  I could very easily be wrong.  But I looked and could not find any indication that was accurate.
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