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Maritime Announces Repayment of Senior Secured Notes Due August 14, 2025
Newsfile·2025-07-29 22:00

Group 1 - Maritime Resources Corp. has fully repaid the US$5 million principal amount of its senior secured notes due August 14, 2025, along with accrued interest for July 2025 [1][2] - The repayment was funded through proceeds from a recently completed brokered private placement offering of common shares [1] - The company is now debt-free following the repayment of the notes [2] Group 2 - Maritime Resources Corp. is focused on advancing the Hammerdown Gold Project in Newfoundland and Labrador, a prominent mining jurisdiction [2] - The company holds a 100% interest in the Hammerdown gold mine and the Orion gold project, along with over 439 km² of exploration land [2] - Maritime owns mineral processing assets in the Baie Verte mining district, including the Pine Cove mill and the Nugget Pond gold circuit [2]