representative work

Cassels Represents the Agents in Maritime Resources’ $6.9 Million Private Placement


On March 22, 2021, Maritime Resources Corp. completed a brokered private placement of 38,500,000 flow-though shares at a price of $0.1794 per flow-through share for gross proceeds of approximately $6.9 million, which included the full exercise of the agents’ over-allotment option.

The offering was led by Canaccord Genuity Corp. on behalf of a syndicate of agents, including Dundee Goodman Merchant Partners, a division of Goodman & Company, Investment Counsel Inc., Sprott Capital Partners LP and iA Private Wealth Inc.

Cassels acted for the agents.

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