New Found Gold to acquire Maritime Resources for $211m
The transaction, structured as a plan of arrangement, will see New Found Gold acquiring all outstanding common shares of Maritime that it does not already own.
08 September 2025
08 September 2025
The transaction, structured as a plan of arrangement, will see New Found Gold acquiring all outstanding common shares of Maritime that it does not already own.
The report states that there are enough uranium resources to meet the needs of the industry until 2040 and calls for them to be developed.
The suspension comes in the wake of a reported decline in basic annual earnings.
The facility was arranged by a syndicate of banks, with Macquarie holding a 70% interest.
The permit allows the export of an initial 125,000t of lithium concentrate.
The works approval allows construction to commence as well as operations at the processing plant and related infrastructure.
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