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Marathon Gold Corp T.MOZ

Marathon Gold Corporation is a Canada-based gold exploration and development company. The Company’s primary business focus is the exploration and development of its flagship asset, the wholly owned Valentine Gold Project, located in Newfoundland and Labrador, Canada. The project comprises a series of five mineralized deposits along a 32- kilometer system. Its prospects are located along the Valentine Lake Shear Zone and include Frank Zone, Rainbow Zone, Triangle Zone, Victoria Bridge, Narrows, Victory Southwest, Victory Northeast, and the Berry Zone. In addition to the Valentine Gold Project in the Central Region of Newfoundland and Labrador, the Company holds 100% interests in the Bonanza Mine, a former mine located in Baker County in northeastern Oregon, the Gold Reef property, an exploration property consisting of approximately 12 hectares of claims located near Stewart, British Columbia; and a 2% net smelter returns royalty on precious metal sales by the Golden Chest mine in Idaho.


TSX:MOZ - Post by User

Post by stockwatcher7on Nov 17, 2023 11:47am
124 Views
Post# 35741212

CXB has cash to buy MOZ shares , why sedi important

CXB has cash to buy MOZ shares , why sedi importanthttps://www.calibremining.com/site/assets/files/7355/calibre_mining_q3_2023_fs_final_draft.pdf


CONDENSED INTERIM CONSOLIDATED FINANCIAL STATEMENTS Condensed Interim Consolidated Statement of Financial Position As at September 30, 2023 and December 31, 2022 (Unaudited - Stated in thousands of United States Dollars, except per share amounts, unless otherwise noted) 2 | Page APPROVED ON BEHALF OF THE BOARD ON NOVEMBER 7, 2023: Signed “Darren Hall” , DIRECTOR Signed “Edward Farrauto” , DIRECTOR The accompanying notes are an integral part of these unaudited, condensed interim consolidated financial statements. As at: Notes September 30, 2023 December 31, 2022 ASSETS Current assets Cash and cash equivalents $ 97,293 $ 56,492 Receivables, prepaids and other current assets 8 19,884 13,534 Inventories 9 111,968 104,954 Total current assets 229,145 174,980


Buying MOZ  shares would  enable  CXB to ensure the  deal is  done,  reduce  the  future  I/O  of  CXB and  hold any other  offers at  bay...All of this  would strengthen   the  combined  company going  forward  and  enable  the  upside  potential  for the  MOZ  shareholders...JMHO
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