CALGARY, ALBERTA--(Marketwire - March 24, 2011) - Marauder Resources East Coast Inc. ("Marauder" or the "Corporation") (TSX VENTURE:MES) announces that further to the Corporation's news release of January 17, 2011, Marauder has closed the shares for past services transactions (the "Transactions") pursuant to which the Corporation has issued a total of 5,000,000 common shares in the capital of the Corporation (the "Common Shares") having a deemed issuance price of $0.05 per Common Share. The Common Shares issued pursuant to the Transactions are subject to a four month hold period under applicable Canadian securities laws.
Marauder received approval for the Transactions from the TSX Venture Exchange on March 7, 2011.
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