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Bullboard - Stock Discussion Forum Marathon Gold Corp T.MOZ

Metals & Mining Gold
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... see more

TSX:MOZ - Post Discussion

Marathon Gold Corp > Looks like the MOZ short will have tobe covered with CXB shs
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Post by stockwatcher7 on Jan 11, 2024 2:52pm

Looks like the MOZ short will have tobe covered with CXB shs

What happens to short positions when a company merges?
 
Corporate actions such as mergers, acquisitions and spin-offs often necessitate a change to the amount or name of the security deliverable under the terms of the contract. When such adjustments occur, the short call position must deliver the adjusted security at the strike price where the call was sold.
Comment by theCurse on Jan 11, 2024 4:24pm
Not sure why you are fixated by this.  who cares.  even if they covered in a hurry it is just a short term blip.    it seems to take millions to move this POS up 2 pennies!
Marathon Gold Corp