Dundee Corporation Acquires 47 Million Shares of Maritime Resources

The acquisition increases Dundee's stake in Maritime Resources to over 43% on an undiluted basis.

Dundee Resources Limited, a subsidiary of Dundee Corporation, acquired 47,000,000 common shares of Maritime Resources Corp. for C$1,598,000.
This acquisition raises Dundee's ownership to approximately 43.32% on an undiluted basis and 46.77% on a partially diluted basis.
Prior to this transaction, Dundee and its affiliates held a 37.66% interest in Maritime Resources on an undiluted basis.
Dundee acquired the shares for investment purposes and will continuously review its investment based on various factors including market conditions.
An early warning report regarding this acquisition has been filed on SEDAR as per regulatory requirements.