Calibre Mining and Marathon Gold are pleased to announce the successful completion of the previously announced transaction pursuant to which, among other things, Calibre acquired all of the issued and outstanding common shares of Marathon pursuant to a court-approved plan of arrangement. Pursuant to the Arrangement, former Marathon shareholders [...]
Marathon Gold is pleased to announce that the Ontario Superior Court of Justice has granted the final order in connection with the previously announced statutory plan of arrangement involving Marathon and Calibre Mining pursuant to which Marathon shareholders will receive 0.6164 of a common share of Calibre for each common share of Marathon held [...]
Marathon Gold is pleased to announce that at a special meeting of its shareholders held earlier today, a significant majority of the Marathon Shareholders voted in favour of the special resolution approving the proposed plan of arrangement with Calibre Mining, pursuant to which Marathon Shareholders will receive 0.6164 of a common share of Calibre [...]
Marathon Gold Corp. is pleased to announce that leading independent proxy advisory firms Institutional Shareholder Services Inc. and Glass Lewis & Co. have each recommended that Marathon shareholders vote "FOR" Marathon's proposed plan of arrangement with Calibre Mining Corp. at the upcoming special meeting of Marathon Shareholders to be held on [...]
Marathon Shareholders to receive a meaningful premium and will continue to participate in the Valentine Gold Project. Marathon's Board of Directors unanimously recommends voting in favour of the proposed combination with Calibre. Shareholders are encouraged to vote well in advance of the proxy deadline of January 12, 2024 at 10:00 a.m. . For any [...]
Calibre Mining and Marathon Gold are pleased to announce the closing of the previously announced C$40 million financing of Marathon. Pursuant to the Private Placement, Calibre acquired 66,666,667 common shares of Marathon at a price of C$0.60 per share for aggregate gross proceeds to Marathon of C$40 million. As set out in the Nov 13, 2023 joint [...]
Marathon Gold announces its financial results for the third quarter ending Sept 30, 2023, and provides an update on the Company's activities at the Valentine Gold Project. Third Quarter Financial Results Cash and cash equivalents at September 30, 2023 of $71.0 million and restricted cash of $244.8 million. Capital Expenditures of $76.0 million for [...]
Calibre Mining and Marathon Gold are pleased to announce that the Parties have entered into a definitive arrangement agreement whereby Calibre will acquire all of the issued and outstanding common shares of Marathon pursuant to a court-approved plan of arrangement. The Transaction will create an Americas-focused, high-margin, high-growth, mid-tier [...]
Marathon Gold Corp. is pleased to announce that the Honourable Bernard Davis, Newfoundland and Labrador Minister of Environment and Climate Change, has released the proposed addition of the Berry Deposit to the Valentine Gold Project from the provincial environmental assessment process. The Minister's decision follows regulatory and public review [...]
Marathon Gold Corp. is pleased to provide an update on progress at its 100% owned Valentine Gold Project located in central Newfoundland for the quarter ended September 30, 2023. Highlights include: The Project has marked one full year of construction since early works commenced in October 2022. More than 800,000 hours of site work have been [...]
Marathon Gold Corp. has published its 2022 Sustainability Report for the Valentine Gold Project in the central region of Newfoundland and Labrador. Matt Manson, President, and CEO commented "This is our second annual Sustainability Report for the Valentine Gold Project, a mining project under full construction. During 2022, we saw the completion of [...]
Marathon Gold Corp. announces certain changes to the Company's senior management team. Mr. Gil Lawson will be joining Marathon in the role of Chief Operating Officer, effective October 1, 2023. Mr. Lawson is an experienced mining professional with over 36 years of experience in project development, mine planning, and mine management. Between 1986 [...]
