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

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Marathon Gold Corp > This should be illegal

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Post by Inthepeg on Nov 14, 2023 12:52pm

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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Comment by Ridgeback on Nov 14, 2023 2:35pm

This is a twisted web. Manson was a director of Fiore Gold. Here is the twist. Do friends count? I just don't know? - Calibre Mining (TSX: CXB) announced Monday that it has entered into a definitive arrangement agreement with Fiore Gold (TSXV: F), whereby Calibre will acquire all of the issued and outstanding common shares of Fiore pursuant to a court-approved plan of arrangement ...more

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