Maritime Resources Completes Brokered Private Placement
Maritime Resources Corp. (TSXV: MAE), a Canadian gold mining and exploration company, completed a brokered private placement of common shares on a “flow-through”, including the full exercise of the Agents’ over-allotment option. Maritime Resources issued 38,500,000 common shares on a “flow-through” basis at a price of $0.1794 per flow-through share.
An amount equal to the gross proceeds of the offering will be used by Maritime Resources to incur "qualifying expenditures" on the company's mineral properties in Newfoundland and Labrador.
The Aird & Berlis team representing Maritime Resources included Jeffrey Merk, Marek Lorenc, Liam Tracey-Raymont, David Mba (Capital Markets) and Carol Burns (Tax).
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BioFull bio
With extensive experience in a broad range of corporate finance and commercial matters, Jeffrey offers clients a practical and business-minded approac...
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BioFull bio
Marek is a creative, pragmatic, and business-focused lawyer.
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BioFull bio
Liam is a driven and forward-thinking corporate lawyer, with a passion for helping public and private clients achieve their growth objectives.
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BioFull bio
Carol takes a thorough and well-researched approach to providing clients tax advice that is tailored to their specific situation and needs.
