Marathon Announces $8 Million Bought Deal Offering of Flow-Through Shares

T.MOZ, Marathon Gold, gold

Marathon Gold Corporation (T.MOZ) is pleased to announce that it has entered into an agreement with Haywood Securities Inc. (“Haywood”), on behalf of a syndicate of underwriters (collectively, the “Underwriters”), to purchase, on a bought deal basis, or alternatively to arrange for the purchase of, as agent for substituted purchasers, 8,880,000 flow-through shares (“Flow-Through Shares”) in the capital of the Company at a price of $0.90 per Flow-Through Share (the “Issue Price”) for gross proceeds to the Company of $7,992,000 (the “Offering”).read more

Leave a Reply

Your email address will not be published. Required fields are marked *