Maritime Resources Corp (Pre-Merger) logo

Maritime Resources Corp (Pre-Merger)

MAE Website
$2.15
$0.00 (0.00%) 24h
$0.36 (20.11%) 7d
Last updated: Sep 10, 2025, 5 p.m.

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Market Cap
$278,700,000
Volume (24h)
284,600
Day Range
$2.13 - $2.20
52-Week Range
$0.10 - $2.20

Company Overview

Mining company

Latest News

Newsfile News Releases (MiningStocksNews)
May 26, 2025

Maritime Announces Share Consolidation

Maritime Resources proposes a 1-for-10 share consolidation to boost growth, attract investors, and increase marketability; effective June 16, 2025, pending TSX.V approval.

By Newsfile News Releases (MiningStocksNews)
Newsfile News Releases (MiningStocksNews)
Apr 23, 2025

Maritime Drills 49.4 gpt Gold over 2.6 Metres, Including 153.9 gpt Gold over 0.6 Metres at the Hammerdown Gold Project

Maritime Resources reports high-grade gold drill results at Hammerdown project, confirming mineralization and advancing project development.

By Newsfile News Releases (MiningStocksNews)
Newsfile News Releases (MiningStocksNews)
Apr 17, 2025

Maritime Drills 5.5 gpt Gold over 29.8 metres, Including 73.0 gpt Gold over 1.5 metres at the Hammerdown Gold Project

<img height="2" id="306" src="https://api.newsfilecorp.com/newsinfo/248735/306" style="width: 1px; height: 1px; border: 0px solid;" width="2" /><p>Toronto, Ontario--(Newsfile Corp. - April 17, 2025) - <b>Maritime Resources Corp. (TSXV: MAE) (OTC Pink: MRTMF) ("Maritime" </b>or …

By Newsfile News Releases (MiningStocksNews)
Newsfile News Releases (MiningStocksNews)
Apr 9, 2025

Maritime Resources Announces Closing of $20 Million Brokered Private Placement Financing

Maritime Resources Corp. closed a brokered private placement raising $20,002,500, led by Paradigm Capital. Key investors include Eric Sprott and Dundee Corporation. The offering included 266.7 million units, each with …

By Newsfile News Releases (MiningStocksNews)
Newsfile News Releases (MiningStocksNews)
Apr 3, 2025

Maritime Announces Issuance of Shares in Satisfaction of Interest Payment Obligations

Maritime Resources announced the issuance of 2,573,090 common shares as interest payment for US$5,000,000 senior secured notes, totaling US$129,500. The shares were issued at C$0.072 each and are pending TSX …

By Newsfile News Releases (MiningStocksNews)
Newsfile News Releases (MiningStocksNews)
Mar 28, 2025

Maritime Announces Election to Issue Shares in Satisfaction of Interest Payment Obligations

Maritime Resources plans to issue up to 3,593,750 common shares to satisfy US$5,000,000 in interest on senior secured notes, using the Secured Overnight Financing Rate for calculations. The issuance requires …

By Newsfile News Releases (MiningStocksNews)
Newsfile News Releases (MiningStocksNews)
Mar 20, 2025

Maritime Resources Announces Upsize of the Previously Announced Private Placement to $20 Million

Maritime Resources Corp. is increasing its private placement offering to issue up to 266.7 million units at $0.075 each, aiming for $20 million in gross proceeds. Key investors include Eric …

By Newsfile News Releases (MiningStocksNews)
Newsfile News Releases (MiningStocksNews)
Mar 19, 2025

Maritime Resources Announces an up to $15 Million Best Efforts Private Placement Financing

Maritime Resources Corp. has engaged Paradigm Capital Inc. for a private placement financing of up to $15 million, offering 200 million units at $0.075 each. Key investors include Eric Sprott …

By Newsfile News Releases (MiningStocksNews)
Newsfile News Releases (MiningStocksNews)
Mar 14, 2025

Maritime Drills 19.9 gpt Gold over 17 Metres, Including 32.2 gpt Gold over 10 Metres at the Hammerdown Gold Project

Maritime Resources Corp. announces promising drill results from the Hammerdown Gold Project in Newfoundland, highlighting significant gold grades from various drill holes. The results support the vein model and identify …

By Newsfile News Releases (MiningStocksNews)
Newsfile News Releases (MiningStocksNews)
Mar 12, 2025

Early Warning News Release Regarding the Securities of Emperor Metals Inc

Maritime Resources Corp. acquired 12.5 million common shares of Emperor Metals Inc. for $0.07 per share as part of a property purchase agreement, gaining approximately 10.8% ownership. The shares are …

By Newsfile News Releases (MiningStocksNews)
Newsfile News Releases (MiningStocksNews)
Mar 11, 2025

Maritime Completes Sale of Lac Pelletier Project to Emperor Metals

Maritime Resources Corp. has completed the sale of its Lac Pelletier gold project to Emperor Metals for 12.5 million shares, allowing Maritime to focus on its Hammerdown Gold Project while …

By Newsfile News Releases (MiningStocksNews)
Newsfile News Releases (MiningStocksNews)
Mar 4, 2025

Maritime Drills 12 gpt Gold over 28.0 Metres Including 73.7 gpt Gold over 4 Metres at Hammerdown Gold Project

Maritime Resources Corp. announced positive drill results from the Hammerdown Gold Project, revealing high-grade gold intersections, including 12.0 gpt over 28.0m. The grade control program aims to refine geological models …

By Newsfile News Releases (MiningStocksNews)
Newsfile News Releases (MiningStocksNews)
Feb 27, 2025

Maritime Announces the Start of Mineral Processing Operations at Pine Cove

Maritime Resources Corp. has begun mineral processing at the Pine Cove Mill, the only operational gold processing facility in Newfoundland and Labrador. The company completed plant upgrades, hired locally, and …

By Newsfile News Releases (MiningStocksNews)
Newsfile News Releases (MiningStocksNews)
Feb 25, 2025

Maritime Resources to Attend PDAC 2025 and Present at Canada's Atlantic Edge Event

Maritime Resources Corp. will attend the PDAC conference in Toronto from March 2-5, 2025, and will also participate in the Atlantic Edge event on March 4. Investors are invited to …

By Newsfile News Releases (MiningStocksNews)
Newsfile News Releases (MiningStocksNews)
Feb 13, 2025

Maritime Drills 24.1 gpt Gold over 3.0 Metres at Its Hammerdown Gold Project

Maritime Resources Corp. announced positive drill results from the Hammerdown Gold Project, revealing high gold grades, including 24.1 gpt over 3.0 metres. The results support upcoming open pit mining plans …

By Newsfile News Releases (MiningStocksNews)
Newsfile News Releases (MiningStocksNews)
Jan 27, 2025

Maritime Drills 41.6 gpt Gold over 6.3 Metres Including 127.5 gpt Gold over 2 Metres at Its Hammerdown Gold Project

Maritime Resources Corp. announced promising initial drill results from its Hammerdown Gold Project in Newfoundland, revealing high-grade gold intersections. The results support the project's potential for quick cash flow as …

By Newsfile News Releases (MiningStocksNews)
Newsfile News Releases (MiningStocksNews)
Jan 8, 2025

Maritime Announces Sale of Lac Pelletier Project to Emperor Metals

Maritime Resources Corp. announced the sale of its Lac Pelletier gold project to Emperor Metals Inc. for 12.5 million shares, aiming to enhance shareholder value by divesting non-core assets and …

By Newsfile News Releases (MiningStocksNews)
Newsfile News Releases (MiningStocksNews)
Dec 11, 2024

Maritime Begins Crushing at the Pine Cove Mill and Provides Update on Restart Activities

Maritime Resources Corp. has begun crushing mineralized stockpiles at its Pine Cove gold processing facility in Newfoundland, aiming for a mill re-commissioning in January 2025. The facility has been on …

By Newsfile News Releases (MiningStocksNews)
Newsfile News Releases (MiningStocksNews)
Nov 27, 2024

Maritime Trench Sampling at Hammerdown Returns 49 gpt Gold Over 0.4 Metres Width Along a Strike Length of 45 Metres

Maritime Resources Corp. has announced the results of additional surface sampling at the Hammerdown Gold Project in Newfoundland and Labrador. The project is an advanced stage, high grade gold development …

By Newsfile News Releases (MiningStocksNews)

Analysis

No analysis found.

Hammerdown Gold Project

Development 100.00% owned
King’s Point, Newfoundland & Labrador, Canada
Gold

High grade, narrow vein open pit gold project with Proven and Probable reserves of 1.9 Mt @ 4.46 gpt Au (272k oz). Fully permitted, with plans for phased startup in …

Nugget Pond Mill

Resource Defined 100.00% owned
Nugget Pond, Newfoundland & Labrador, Canada
Gold

700 tpd CIP gold circuit, idle since 2013, within a district hosting multiple high-grade gold and copper mines, strategic asset for the company.

Pine Cove Mill

Production 100.00% owned
Pine Cove, Newfoundland & Labrador, Canada
Gold

Operational gold processing plant with a capacity of 1,300 tpd, recently restarted after care & maintenance, processing mineralized stockpiles and feed from Hammerdown project.

Executive Team

Pretium Resources
BMO Capital Markets GERMAINE COOMBS CPA, CMA CFO,
Garett Macdonald
President & CEO
Garett Macdonald is involved in projects that will positively impact the region for many years to come and is honored …
Karen Mate
VP Environment and Sustainability

Board of Directors

Allan Palmriere
Chair
Germaine Coombs
CFO, CORP. SECRETARY
CPA, CMA
John Hayes
Board Member
Matthew Goodman
Board Member
Nick Nikolakakis
Board Member
Data extracted from presentation dated May 6, 2025

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