The Toronto Stock Exchange reports that Marathon Gold Corp. will be delisted at the close on Jan. 26, 2024. According to the TSX, Calibre Mining Corp. has acquired all of the issued and outstanding Marathon common shares pursuant to a plan of arrangement. Marathon shareholders are entitled to receive 0.6164 of a common share of Calibre Mining for each Marathon share held.

The TSX notes that in no event will any holder of Marathon shares be entitled to a fraction of a Calibre share and no DRS advices representing fractional Calibre shares shall be issued upon the surrender for exchange of certificates and/or DRS advices by Marathon shareholders pursuant to the arrangement, and no cash will be paid in lieu thereof. Where the total number of Calibre shares to be issued to a Marathon shareholder would result in a fraction of a Calibre share being issuable, the number of Calibre shares to be received by such Marathon shareholder shall be rounded down to the nearest whole Calibre share and no Marathon shareholder will be entitled to any compensation in respect of a fractional Calibre share.

To receive the consideration, registered holders must return the letters of transmittal together with Marathon share certificates and/or DRS advices representing the Marathon shares to Computershare Investor Services Inc. at its principal office in Toronto.

For more information, see Marathon's management information circular dated Dec. 11, 2023, available on SEDAR+.