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Millennial Lithium Corp. (TSXV: ML) (FSE: A3N2) (OTCQX: MLNLF) (“Millennial” or the “Company”) is pleased to announce that further to its news release dated July 29, 2019, it has now filed a Feasibility Study (the “FS Report”) regarding its Pastos Grandes Project in the province of Salta, Argentina.
Marathon Gold Corporation (“Marathon” or the “Company“) (TSX: MOZ) is pleased to announce it has entered into an agreement with a syndicate of underwriters led by Canaccord Genuity Corp. and Sprott Capital Partners (collectively, the “Underwriters“) pursuant to which they have agreed to purchase on a bought deal basis, 2,710,000 flow-through units that will consist of one flow-through share of the Company and one-half of one common share purchase warrant (the “Flow-Through Units“) at a price of C$1.85 per Flow-Through Unit and 11,400,000 common share units that will consist of one common share of the Company and one-half of one common share purchase warrant (the “Common Share Units” and together with the Flow-Through Units, the “Underwritten Securities“) at a price of C$1.32 per Common Share Unit for aggregate gross proceeds of C$20,061,500 (the “Underwritten Offering“). Each whole common share purchase warrant is exercisable into one common share of the Corporation at a price of C$1.60 per common share for a period of 24 months from the Closing Date (as defined herein).