Marathon Gold Announces $15 Million Bought Deal Offering of Common Shares and 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 RBC Capital Markets (“RBC”), pursuant to which a syndicate of underwriters led by RBC (the “Underwriters”) will purchase, on a bought-deal basis, 8,000,000 flow-through common shares of the Company (“Flow-Through Shares”) at a price of $1.25 per Flow-Through Share and 4,850,000 common shares of the Company (“Common Shares”) at a price of $1.03 per Common Share for gross proceeds to the Company of $14,995,500 (the “Offering”). The Flow-Through Shares and Common Shares are collectively referred to herein as the “Shares”.read more

Leave a Reply

Your email address will not be published.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