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 > Why did Dundee want to, and then take control?

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Comment by shiftyoneon Oct 07, 2024 12:32am

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Post# 36255541

RE:Why did Dundee want to, and then take control?

So there was one holder with 47 million shares.
Likely Gold resource Comp or maybe a division call gold resource canada

Palmiere, Allen J.  Our new Chairman of the Board.

Allen is the CEO, President, and Director of Gold Resource Corporation.

He is a also a director of Dundee. Who just invested heavily.
But he had control of those 47 million shares.

Why would he sell 2 days before being named new Chairman of the Board.

Some of you must have seen something like this before.

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