06:17 AM EDT, 09/24/2024 (MT Newswires) -- Dundee (DC-A.TO), a Canadian independent holding company, late on Monday said its subsidiary Dundee Resources paid $1.6 million for 47 million Maritime Resources ( MRTMF ) common shares.

The acquisition increased Dundee's stake - including shares and warrants - in Maritime Resources ( MRTMF ) to 43.3% to 37.7% on an undiluted basis.

Dundee paid $0.034 per share.