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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 templetooth2on May 14, 2021 2:33pm
180 Views
Post# 33204687

For those counting

For those counting
As per Q1 release, co. had 215.3 million shares outstanding as of May 12.

Add 12.1 mm options and 16.3 mm warrants plus 19.1 mm in this pvt. placement and you get 262.8 million fully diluted shares.

On a side note, Skeena raised the same $50 million earlier this week and the stock went down by 20 - 25 cents. This one goes up by that amount and more? Must be the magic associated with Lassonde.
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