Maritime Resources Announces $750,000 Financing

Maritime Resources Corp. (TSXV:MAE) announced a private placement of up to $750,000 by way of a non-brokered private placement of non flow-through units and flow-through units.

The non flow-through financing will comprise up to 2,400,000 NFT Units at $0.25 per Unit. Each NFT Unit will consist of one non flow-through common share and one non-transferable share purchase Warrant. The flow-through financing will comprise up to 500,000 FT Units at $0.30 per FT Unit. Each FT Unit will consist of one flow-through common share and one non-transferable share purchase Warrant. Each share purchase Warrant attached to both the NFT Units and the FT Units will entitle the holder to purchase one non flow-through common share at a price of $0.35 per common share for 12 months following the closing.

Click here to read the Maritime Resources Corp. (TSXV:MAE) press release