Mr. Garett Macdonald reports

MARITIME RESOURCES CLOSES PREVIOUSLY ANNOUNCED SALE OF ROYALTY PORTFOLIO

Maritime Resources Corp. has closed its previously announced asset sale transaction with Nomad Royalty Company Ltd. Maritime sold a portion of its royalty portfolio in a number of Canadian exploration projects in Quebec, British Columbia and Ontario to Nomad for $700,000 (U.S.), which was satisfied through the issuance of 96,818 Nomad common shares. As part of the asset sale process, a right of first refusal associated with one of the royalties being sold was exercised and the applicable royalty was sold for approximately $375,000, being the Canadian-dollar equivalent of $300,000 (U.S.).

Garett Macdonald, president and chief executive officer of Maritime, commented, "This agreement realizes the value of our royalty portfolio today while also providing upside exposure through an equity position in Nomad, one the industry's fastest-growing royalty companies."

About Maritime Resources Corp.

Maritime holds a 100-per-cent interest, directly and subject to option agreements entitling it to earn 100-per-cent ownership, in the Green Bay property, including the former Hammerdown gold mine and the Orion gold project plus the Whisker Valley exploration project, all located in the Baie Verte mining district near the town of King's Point, Newfoundland and Labrador. The Hammerdown gold project is characterized by near-vertical, narrow mesothermal quartz veins containing gold associated with pyrite. Hammerdown was last operated by Richmont Mines between 2000 and 2004.

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