Latest news with #Maritime
Yahoo
6 days ago
- Business
- Yahoo
Maritime Announces Grant of Incentive Stock Options
Toronto, Ontario--(Newsfile Corp. - May 28, 2025) - Maritime Resources (TSXV: MAE) ("Maritime" or the "Company") is pleased to announce that it has granted an aggregate of 17,062,800 incentive stock options (the "Options") under the Company's omnibus equity incentive plan, to certain directors, officers and employees of the Company. The Options are exercisable at a price of $0.11 per common share, will have a term of five years from the date of grant, and will vest immediately on the date of grant. The Options are subject to the terms and conditions prescribed by the TSX Venture Exchange and applicable securities laws. About Maritime Resources Corp. Maritime (TSXV: MAE) (OTC Pink: MRTMF) is a gold exploration and development company focused on advancing the Hammerdown Gold Project in the Baie Verte District of Newfoundland and Labrador, a top tier global mining jurisdiction. Maritime 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. Maritime controls over 439 km2 of exploration land including the Green Bay, Whisker Valley, Gull Ridge and Point Rousse projects. Mineral processing assets owned by Maritime in the Baie Verte mining district include the Pine Cove mill and the Nugget Pond gold circuit. On Behalf of the Board: MARITIME RESOURCES CORP. Garett Macdonald, MBA, President and CEOPhone: (416) 365-5321info@ TwitterFacebookLinkedInYouTube Caution Regarding Forward Looking Statements: Certain of the statements made and information contained herein is "forward-looking information" within the meaning of National Instrument 51-102 - Continuous Disclosure Obligations of the Canadian Securities Administrators. These statements and information are based on facts currently available to the Company and there is no assurance that actual results will meet management's expectations. Forward-looking statements and information may also be identified by such terms as "anticipates", "believes", "targets", "estimates", "plans", "expects", "may", "will", "could" or "would". While the Company considers its assumptions to be reasonable as of the date hereof, forward-looking statements and information are not guarantees of future performance and readers should not place undue importance on such statements as actual events and results may differ materially from those described herein. There can be no assurance that such information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such information. Accordingly, readers should not place undue reliance on forward-looking information. The forward-looking statements in this news release include without limitation, statements with respect to the grant of Options. All forward-looking information contained in this press release is given as of the date hereof, and is based on the opinions and estimates of management and information available to management as of the date hereof. The Company disclaims any intention or obligation to update or revise any forward-looking information, whether as a result of new information, future events, or otherwise, except as may be required by applicable securities laws. Neither the TSXV nor its Regulation Services Provider (as that term is defined in the policies of the Exchange) accepts responsibility for the adequacy or accuracy of this release. To view the source version of this press release, please visit Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
6 days ago
- General
- Yahoo
ICE identifies jet ski suspects in Air Force cadet candidate's death as illegal immigrants
The suspect and her alleged accomplice linked to the jet ski hit-and-run death of an Air Force cadet candidate over Memorial Day weekend have been identified as illegal immigrants, according to an Immigration and Customs Enforcement official. During a Wednesday news conference in Grapevine, Texas, Joshua Johnson, acting field director of Immigration and Customs Enforcement and Emergency Removal Operations in Dallas, confirmed that 21-year-old Daikerlyn Alejandra Gonzalez Gonzalez and 21-year-old Maikel Coello Perozo are both illegal immigrants from Venezuela. Gonzalez was allegedly operating the jet ski that struck and killed 18-year-old Ava Moore on Sunday at Grapevine Lake. Moore was a United States Air Force Academy (USAFA) cadet candidate and part of USAFA's Class of 2029, according to the military school. "It's my understanding that both the individuals crossed the southern border in 2023 or 2024," Johnson said. "They were arrested at the time of entry, processed on a notice to appear, and then released on their own recognizance." He added that ICE has lodged immigration detainers against the suspects, and that after the criminal justice proceedings against them in Texas are complete, they will be processed for removal. Capt. Joseph Quintero, game warden at the Texas Parks and Wildlife Department, announced that Gonzalez has been charged with second-degree felony manslaughter. Read On The Fox News App Perozo has been charged with collision involving damage to a vehicle and hindering apprehension, both misdemeanors, after allegedly driving away from the scene with Gonzalez. He said both were arrested in Dallas on Tuesday, and that the relationship between them remains unclear. Texas Attorney General Ken Paxton first announced that the pair were in the country illegally on Tuesday night. "We've arrested an illegal alien for killing Ava Moore and another illegal alien connected to her death," Paxton wrote in a Tuesday post on X. Texas Police Arrest Suspect After Fatal Jet Ski Hit-and-run "Ava Moore's senseless death was caused by an illegal alien who should have never been in our country in the first place," Paxton wrote in a news release. "My heart breaks for Ava's family and friends, and my prayers are with them as they face this tragedy," Paxton continued. ICE did not respond to a request for comment. Five Illegals Charged In Alleged Maritime Human Smuggling Attempt That Left Child Dead "We are thankful for the help of fellow law enforcement officers from the Texas Attorney General's Office, the Texas Department of Public Safety, the Dallas Police Department and Homeland Security Investigations," the Texas Game Wardens said in a statement. Paxton added that his office "will continue to work with local, state, and national law enforcement partners to secure justice for Ava." According to FOX 4, Moore was just weeks away from her lifelong dream of joining the military. She was scheduled to leave for Air Force basic training and was home in Texas visiting family during Memorial Day weekend. Moore was reportedly a student and star basketball player at the U.S. Air Force Academy Preparatory School in Colorado. Three Illegal Immigrants Charged After Fiery Texas Crash Leaves One Dead "You know, we talked throughout the course of the year that at some point in her career she was going to be a four-star general because she loved it," her coach, Ke'sha Blanton, told the outlet. "She made those around her better." Blanton said she is feeling sadness and anger over Moore's death. "They took a bright, bright star from our lives," she said. Investigators said two women were on a jet ski that struck Moore on Sunday evening. According to police, a passenger on the jet ski remained on the scene, while the operator of the craft allegedly fled and then left with a male. The pair allegedly crashed into a vehicle during their escape from the scene. Moore was pulled to shore and treated for severe head trauma before being taken to a nearby hospital where she later died, the outlet reported. "Our thoughts are with Ava's family and friends during this difficult time. Texas Game Wardens remain committed to keeping our public waters safe," the Grapevine Police Department shared in a article source: ICE identifies jet ski suspects in Air Force cadet candidate's death as illegal immigrants
RNZ News
6 days ago
- Business
- RNZ News
Drone funding in Budget does not include 'priority' maritime models
Photo: 123RF Counter-drone systems received funding in this year's Budget, but this did not include maritime drones which the government's $12 billion defence capability plan says are crucial for transforming the Navy. The defence capability plan (DCP) called the maritime drones "a priority in the first four years". Militaries worldwide are rushing to buy or build both defence and attack drones, after they became crucial in Russia's war on Ukraine. There has even been talk of NATO building a "drone wall" from Norway to Poland. The NZ government's Budget - released last week - funds counter-drone systems as one of 15 "priority" projects, but not maritime or other drones. But the New Zealand Defence Force (NZDF) had rejected any suggestion of a delay. "It is incorrect and misleading to imply anything is 'behind' relating to the 2025 Defence Capability Plan," the NZDF said. It would use existing drones - as well as "other research" - to draw up business cases for "more significant uncrewed system procurement". The NZDF has 25 types of drones, with about 100 in total. One type is a maritime drone called Bluebottle. It has had to retire some old models, and has no attack drones. Twenty units worked with drones, it said. The capability plan said maritime drones were key to the shape the Navy's new fleet after 2030. "Development of uncrewed systems and preparation for the future fleet will be a priority in the first four years, while most maritime fleet replacement investments occur in the next phase of the DCP," it said. "This will allow for the adoption of new and emerging technology to achieve transformational change for the Navy, including across training, trades, and infrastructure." Rapid transformational technological change has shaped the war in Ukraine. "Ukrainian drone units often adapt their software daily and evolve their tactics every 1-2 weeks," said Lowy Institute defence analyst Mick Ryan. "This accelerating learning and adaptation cycle may be the most transformative development to emerge from the war," he said, while criticising the military across the Tasman for being too slow to learn from this. NATO was also slammed by a Ukrainian commander in March for not being ready for a drone war. The NZDF said last month it was learning "immediate lessons" about drones from Ukraine . One lesson might be how counter-drones are playing a key role against Russia. Also, the NZDF may not be able to afford counter systems as well as sea or attack drones in one year, or it may be waiting to see what tech the US and Australia go with so it can fit in with them. But it has given the coalition government just a single briefing about drones 18 months ago, a new OIA response to RNZ showed. This was six pages long and said little - at least in its unredacted parts - about attack drones. As for how much drone training it was doing, The NZDF was unable to provide any figures for how much drone training it was doing. This was "not centrally recorded", but coordinated at unit level, it said. Officials were unable to outline any significant dates around producing reports or strategies on drones in response to the OIA. The NZDF recently issued a new guide for the industry about future defence procurement, which listed five tech projects - but not drones. There were finds in Budget 2025 for 15 projects from the defence capability plan that it said were a "priority". The only one related to drones was an undisclosed amount for a "credible Counter Unmanned Aircraft Systems protective capability that can detect, track, identify and - when necessary and legally permitted - defeat any unauthorised systems that pose a safety hazard or security threat". The NZDF said Budget 2025 made a significant investment in the plan's projects and "there will be more to come". The DCP emphasised that high-tech systems were vital to enhance "lethality" and deterrence. It envisaged $50-$100m going on drones for the sea's surface by 2029, and adding undersea ones after 2029. Among the armed force's stable of drones are several models from Chinese manufacturer DJI, which has been subject to US government review over national security concerns. The NZDF declined to comment about that. It also has a type made by AeroVironment, which supplies kamikaze drones to the US army, as well as another drone - used to disable explosives - made by Roboteam, an Israeli company that supplied the Israel Defence Forces with robots used in tunnels in Gaza in 2014. Tests have been run here on drones that "loiter" above a target, then can drop on it and explode. The Budget set aside $60m in operating spend for maintaining the defence force's information capabilities, including with international partners. Included in the new guide to 27 future likely projects is one for replacing ground terminals in New Zealand for the US-led Wideband Global Satellite (WGS) system. The system's dozen or so military communications satellites serve the Pentagon, allies and non-military partners. New Zealand has paid towards running the WGS for years. Several of the others involve potentially large IT investments, including for defence's rundown information management system . Sign up for Ngā Pitopito Kōrero , a daily newsletter curated by our editors and delivered straight to your inbox every weekday.
Winnipeg Free Press
28-05-2025
- Business
- Winnipeg Free Press
P.E.I. premier asks Ottawa for timeline on bridge and ferry toll reductions
FREDERICTON – The premier of Prince Edward Island is asking the federal government for an update on the timeline to reduce the tolls for the Confederation Bridge and Northumberland Ferries to improve interprovincial trade to and from the mainland. Rob Lantz said in a letter to federal Transport Minister Chrystia Freeland that bridge and ferry tolls are seen as a significant trade barrier, increasing everyday costs. 'As discussed, these tolls continue to represent the most significant internal trade barrier facing our province,' he said in the letter dated May 16. 'Nearly every good moving to and from Prince Edward Island depends on these routes and the associated costs place a real and ongoing burden on our economy. They reduce the competitiveness of island businesses, increasing the cost of living and limit our ability to participate fully in Canada's domestic market.' His government has done its part to remove interprovincial trade barriers, he said, including passing of the Interprovincial Trade and Mobility Act. Lantz also noted that patients, students and workers rely on the bridge and ferry for access to health care, education and essential services. The Confederation Bridge stretches across 12.9-kilometres, and is billed as Canada's longest flyover. It's a federally owned asset, costing $1 billion to build. It is managed by Strait Crossing Bridge Ltd., a private company that has the exclusive right to collect all tolls until 2032. Transport Canada spokeswoman Sau Sau Liu said in an email the annual traffic on the Confederation Bridge is about 990,000 vehicles. Strait Crossing received funding from Transport Canada to avoid increasing the tolls, and the charge remains at the 2022 rate of $50.25 per passenger vehicle, she said. The federal government paid the company $2.87 million in 2021 and $1.62 million in 2022 to cover lost revenue because of COVID-19, Liu said. It also paid the company $2.5 million in 2023, $4.5 million in 2024 and $5.4 million in 2025 in lieu of increasing tolls for the bridge users for those years, she said. Alexis Reynaud, spokesman for Strait Crossing Bridge, did not share how much the company has collected in tolls per year since 2019. 'Strait Crossing Bridge Limited is a private organization. The information you are looking for is confidential,' he said in an email. Northumberland Ferries is headquartered in Charlottetown and operates ferry services between the three Maritime provinces and Maine. The ferry charges $23 per person between Wood Islands, P.E.I., and Caribou, N.S. Between Saint John, N.B., and Digby, N.S., it charges $71 during off-season. The rates go up to $91 during peak season, which runs from late June to mid-October. Liu said the ferry service between Wood Islands, P. E.I., and Caribou, N.S., operates from May 1 to Dec. 20, and serves around 275,000 a year. Between 2019-20 and 2023-24, the federal government gave, on average, about $17 million per year to Northumberland Ferries, she said. Kelly Williams, director of corporate services for Northumberland Ferries, said the fares amount to about $6 million on average during a 'normal' season. During the election campaign, the federal Liberals promised to lower the Confederation Bridge tolls by more than half — from $50 to $20 — and by at least half for ferries on certain routes. In the throne speech Tuesday, the government said internal trade barriers cost the country about $200 billion each year. While numerous premiers, including those of Atlantic provinces, have taken steps to tear down those trade barriers, the government promised to introduce legislation by Canada Day to remove all remaining federal barriers. However, a statement from Freeland's office did not give a timeline on when the government would reduce tolls. 'Ferry service is essential for tourists, residents and businesses who need to have safe and reliable options to travel,' the statement said. 'That's why we're making the Confederation Bridge, Northumberland and Marine Atlantic, and the Coopérative de Transport Maritime et Aérien Ferries more affordable. We will ensure fair and equal treatment for PEI's bridge and ferry access.' This report by The Canadian Press was first published May 27, 2025.
Yahoo
27-05-2025
- Business
- Yahoo
P.E.I. premier asks Ottawa for timeline on bridge and ferry toll reductions
FREDERICTON — The premier of Prince Edward Island is asking the federal government for an update on the timeline to reduce the tolls for the Confederation Bridge and Northumberland Ferries to improve interprovincial trade to and from the mainland. Rob Lantz said in a letter to federal Transport Minister Chrystia Freeland that bridge and ferry tolls are seen as a significant trade barrier, increasing everyday costs. "As discussed, these tolls continue to represent the most significant internal trade barrier facing our province," he said in the letter dated May 16. "Nearly every good moving to and from Prince Edward Island depends on these routes and the associated costs place a real and ongoing burden on our economy. They reduce the competitiveness of island businesses, increasing the cost of living and limit our ability to participate fully in Canada's domestic market." His government has done its part to remove interprovincial trade barriers, he said, including passing of the Interprovincial Trade and Mobility Act. Lantz also noted that patients, students and workers rely on the bridge and ferry for access to health care, education and essential services. The Confederation Bridge stretches across 12.9-kilometres, and is billed as Canada's longest flyover. It's a federally owned asset, costing $1 billion to build. It is managed by Strait Crossing Bridge Ltd., a private company that has the exclusive right to collect all tolls until 2032. Transport Canada spokeswoman Sau Sau Liu said in an email the annual traffic on the Confederation Bridge is about 990,000 vehicles. Strait Crossing received funding from Transport Canada to avoid increasing the tolls, and the charge remains at the 2022 rate of $50.25 per passenger vehicle, she said. The federal government paid the company $2.87 million in 2021 and $1.62 million in 2022 to cover lost revenue because of COVID-19, Liu said. It also paid the company $2.5 million in 2023, $4.5 million in 2024 and $5.4 million in 2025 in lieu of increasing tolls for the bridge users for those years, she said. Alexis Reynaud, spokesman for Strait Crossing Bridge, did not share how much the company has collected in tolls per year since 2019. "Strait Crossing Bridge Limited is a private organization. The information you are looking for is confidential," he said in an email. Northumberland Ferries is headquartered in Charlottetown and operates ferry services between the three Maritime provinces and Maine. The ferry charges $23 per person between Wood Islands, P.E.I., and Caribou, N.S. Between Saint John, N.B., and Digby, N.S., it charges $71 during off-season. The rates go up to $91 during peak season, which runs from late June to mid-October. Liu said the ferry service between Wood Islands, P. E.I., and Caribou, N.S., operates from May 1 to Dec. 20, and serves around 275,000 a year. Between 2019-20 and 2023-24, the federal government gave, on average, about $17 million per year to Northumberland Ferries, she said. Kelly Williams, director of corporate services for Northumberland Ferries, said the fares amount to about $6 million on average during a "normal" season. During the election campaign, the federal Liberals promised to lower the Confederation Bridge tolls by more than half — from $50 to $20 — and by at least half for ferries on certain routes. In the throne speech Tuesday, the government said internal trade barriers cost the country about $200 billion each year. While numerous premiers, including those of Atlantic provinces, have taken steps to tear down those trade barriers, the government promised to introduce legislation by Canada Day to remove all remaining federal barriers. However, a statement from Freeland's office did not give a timeline on when the government would reduce tolls. "Ferry service is essential for tourists, residents and businesses who need to have safe and reliable options to travel," the statement said. "That's why we're making the Confederation Bridge, Northumberland and Marine Atlantic, and the Coopérative de Transport Maritime et Aérien Ferries more affordable. We will ensure fair and equal treatment for PEI's bridge and ferry access.' This report by The Canadian Press was first published May 27, 2025. Hina Alam, The Canadian Press
