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 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.

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Marathon Gold Corp

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Comment by MudCreekeron Nov 13, 2019 9:44am

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Post# 30344470

RE:What the heck is this guy doing for us?

He was given 300,000 options, not shares. The options are at $1.64 which means he'll have to give the company $492,000 if he wants to turn them into shares. Kind of the oposite of the company giving him $492k.

On another note, I'v never seen Sedi classify someone as "Deemed Insider, 6 Months before becoming Insider". I guess we'll be seeing an anouncement with that name in it sometime in the next 6 months.

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