Maritime Resources Announces Closing of $11.5 Million Brokered Private Placement Financing

  • Toronto, Ontario--(Newsfile Corp. - July 17, 2025) - Maritime Resources Corp. (TSXV: MAE) ("Maritime" or theĀ "Company") is pleased to announce the closing of its previously announced brokered "best efforts" private placement offering (the "Offering") of common shares in the capital of the Company ("Offered Securities") for aggregate gross proceeds of approximately $11,500,490. The Offering was led by Paradigm Capital Inc. ("Paradigm"), as lead agent and sole bookrunner, on a "best efforts" agency basis, together with SCP Resource Finance LP (together with Paradigm, the "Agents"), pursuant to the terms of an agency agreement among the Company and the Agents dated as of July 17, 2025 (the "Closing Date").