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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%).


TSXV:MAE - Post by User

Maritime Resources Corp > Firefly Lists on TSE today
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Comment by NineLiveson Dec 16, 2024 10:54am
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Post# 36364122

RE:RE:Firefly Lists on TSE today

RE:RE:Firefly Lists on TSE today Just looked at FFM, openening bid 75 cents no offer !! What surprised me is they have over 500k shares outstanding but still comand a high price. Will certainly keep my eyes on it. 

Merge the 2 do a 1 for 10 and have only about 130 mill shares o/s. Question is at what price should MAE be for any kind of merger?  Take over is easier to calculate, merger not so much.
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