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 > This should be illegal

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Post by Inthepegon Nov 14, 2023 12:52pm

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Post# 35734731

This should be illegal

Looking ar their

40 million share purchase at .60 is making me puke.

If we cancel this deal, we have to give them 17.5 million, so they would effectively get 14.5% of the company for net cost .34 per share instead of .60 per share as advertised.
If we proceed and give them the company & the $71 million in our bank for .72 cents based on current Cxb share price.

How is this BOD looking out for shareholders. Thievery just frigging thievery

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