Core Viewpoint - Maritime Resources Corp. has disclosed the disposition of common shares in Emperor Metals Inc., reducing its ownership to less than 10% of the issued and outstanding shares [2]. Company Summary - As of March 12, 2025, Maritime owned 12,500,000 common shares of Emperor, representing approximately 10.8% of the total shares [2]. - Following multiple issuances of securities by Emperor, Maritime's stake has decreased to below 10% [2]. - The shares were held for investment purposes, and Maritime may adjust its ownership depending on market conditions [3]. Additional Company Information - Maritime Resources Corp. is focused on gold exploration and development, particularly the Hammerdown Gold Project in Newfoundland and Labrador, Canada [5]. - The company holds a 100% interest in the Hammerdown project and has option agreements for full ownership of the Green Bay Property, which includes the former Hammerdown gold mine [5]. - Maritime controls over 439 km² of exploration land, including several projects in the Baie Verte mining district [5].
Maritime Resources Corp. Discloses Disposition of Common Shares of Emperor Metals Inc.
Newsfile·2025-11-07 23:30