Maritime Resources is pleased to announce that it has entered into an agreement with Sprott Capital Partners LP on its own behalf and on behalf of a syndicate of underwriters to issue, on a "bought deal" private placement basis, $6,000,000 of securities of the Company , consisting of 26,666,667 common shares of in the capital of the Company at a price of $0.15 per Common Share for gross proceeds of $4,000,000, and
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