Marathon Deposit Expanding with High-Grade Gold: 5.75 g/t Au over 16.0 meters, 5.30 g/t Au over 16.0 meters and 6.30 g/t Au over 11.0 meters, Valentine Lake Gold Camp, Newfoundland
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Tag: Marathon Gold
Marathon Announces Appointment of Chief Operating Officer and awards Metallurgical Contract to SGS
Marathon Gold Corporation (“Marathon” or the “Company”) (TSX: MOZ) is pleased to announce the appointment of Robbert Borst as Chief Operating Officer of the Company effective August 1, 2018. Mr. Borst successfully managed the company’s initial Preliminary Economic Assessment (PEA) for the Valentine Lake Gold Camp which was released on May 17, 2018.
Marathon Announces Closing of C$8 Million Bought Deal Financing
Marathon Gold Corporation (“Marathon” or the “Company”) (TSX:MOZ) is pleased to announce that it has completed its previously announced bought deal prospectus offering of 2,900,000 flow-through common shares in the capital of the Company (“FT Shares”) at a price of $1.05 per FT Share and 5,900,000 common shares in the capital of the Company (“Common Shares”) at a price of $0.85 per Common Share for gross proceeds to the Company of $8,060,000 (the “Offering”). The Offering was conducted by a syndicate of underwriters co-led by Haywood Securities Inc. and RBC Capital Markets and including Canaccord Genuity Corp., Laurentian Bank Securities Inc. and Raymond James Ltd.
Marathon Announces C$8 Million Bought Deal Offering
Marathon Gold Corporation (“Marathon” or the “Company”) (TSX:MOZ) is pleased to announce that it has entered into an agreement with Haywood Securities Inc. and RBC Capital Markets (the “Co-Lead Underwriters”), pursuant to which a syndicate of underwriters led by the Co-Lead Underwriters (the “Underwriters”) will purchase, on a bought-deal basis, 2,900,000 flow-through common shares of the Company (“Flow-Through Shares”) at a price of $1.05 per Flow-Through Share and 5,900,000 common shares of the Company (“Common Shares”) at a price of $0.85 per Common Share for gross proceeds to the Company of $8,060,000 (the “Offering”). The Flow-Through Shares and Common Shares are collectively referred to herein as the “Shares”.
Marathon Gold: Step by Step to Gold in Newfoundland
Phil Walford, CEO of Marathon Gold (T.MOZ), has been working on mining projects for four decades. When he looks at a flow sheet he can spot the potential bottlenecks.
Marathon Gold Announces Results of Annual Meeting of Shareholders
Marathon Gold Corporation (“Marathon” or the “Company”) (TSX:MOZ) announced today the results of voting at the annual meeting of shareholders held on June 5, 2018 in Toronto, Ontario.