Representative Matters

Maritime Resources Corp. Completes Non-Brokered Private Placement

Maritime Resources Corp. (TSXV: MAE), a Canadian gold mining and exploration company, completed a non-brokered private placement of common shares and flow-through common shares. Maritime Resources issued a combination of 21,626,666 common shares at $0.06 each and 33,883,076 flow-through common shares at $0.065 each.

The net proceeds of the offering will be used by Maritime Resources to continue exploration and to further its plans to develop the Hammerdown Gold Project in Newfoundland and Labrador, as well as for working capital and general corporate purposes.

The Aird & Berlis team representing Maritime Resources was led by Jeffrey Merk and included Liam Tracey-Raymont, David Mba (Capital Markets) and Carol Burns (Tax).