M&A

Maritime to bolster Hammerdown holding

Takeover target Maritime Resources (TSXV: MAE) has announced plans to extend its holding around its Hammerdown gold deposit in Newfoundland and Labrador in eastern Canada, as it fends off a hostile bid from Anaconda Mining.

Staff reporter
Maritime’s Hammerdown (pink) and Inomin’s (yellow) claims

Maritime’s Hammerdown (pink) and Inomin’s (yellow) claims

Maritime has entered an option agreement to acquire Inomin Mines' (TSXV: MINE) King's Point property, which consists of 3,225ha in two claim blocks either side of Maritime's Hammerdown deposit in its Green...

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