19:55:26 EDT Thu 28 Mar 2024
Enter Symbol
or Name
USA
CA



Marathon Gold Corp
Symbol MOZ
Shares Issued 205,597,869
Close 2020-08-04 C$ 2.39
Market Cap C$ 491,378,907
Recent Sedar Documents

Marathon has ISS, Glass backing for all AGM proposals

2020-08-04 17:05 ET - News Release

Mr. Matt Manson reports

MARATHON GOLD PROVIDES UPDATE REGARDING UPCOMING ANNUAL AND SPECIAL MEETING

Marathon Gold Corp. has reminded shareholders of its scheduled annual and special meeting to be held at the company's office at 36 Lombard St., sixth floor, Toronto, Ont., M5C 2X3, on Aug. 10, 2020, at 11 a.m. Eastern Time.

Due to the continuing public health impacts related to the COVID-19 pandemic and in consideration of the health and safety of shareholders, employees and the broader community, the company strongly recommends that shareholders cast their votes by proxy in advance of the meeting and do not attend the meeting in person.

The company is providing shareholders with an opportunity to listen to the meeting, as well as a general corporate update, by logging into the webcast. This is not a virtual meeting. However, shareholders will be able to ask questions of management through the webcast.

Marathon is also pleased to inform its shareholders that Institutional Shareholder Services and Glass Lewis & Co. have both recommended that Marathon shareholders vote for all proposals that are outlined in Marathon's notice of meeting and management information circular dated June 30, 2020, prepared in respect of the annual and special meeting of shareholders.

Your vote is important, and the company encourages every shareholder to participate. Proxies must be voted no later than 5 p.m. Eastern Time on Aug. 6, 2020. For further details, refer to the management information circular filed on SEDAR. For more information or questions with respect to the meeting, please contact the company's proxy solicitation agent, D.F. King, by e-mail at inquiries@dfking.com, by telephone at 1-866-822-1244 (toll-free within Canada and the United States) or 416-682-3825 (banks, brokers and collect calls outside Canada and the United States) for service in English and French, or by fax at 1-888-509-5907 (North American toll-free facsimile) or at 647-351-3176.

About Marathon Gold Corp.

Marathon is a Toronto-based gold company advancing its 100-per-cent-owned Valentine gold project, located in the central region of Newfoundland and Labrador, one of the top mining jurisdictions in the world. The project comprises a series of four mineralized deposits along a 20-kilometre system. An April, 2020, prefeasibility study outlined an open-pit mining and conventional milling operation over a 12-year mine life with a 36-per-cent after-tax rate of return. The project has estimated proven mineral reserves of 1.3 million ounces (26.3 million tonnes at 1.52 grams per tonne) and probable mineral reserves of 600,000 oz (14.8 Mt at 1.23 g/t). Total measured mineral resources (inclusive of the mineral reserves) comprise 1.9 Moz (31.7 Mt at 1.86 g/t) with indicated mineral resources (inclusive of the mineral reserves) of 1.19 Moz (23.2 Mt at 1.60 g/t). Additional inferred mineral resources are 960,000 oz (16.77 Mt at 1.78 g/t Au). Please see the technical report dated April 21, 2020, for further details and assumptions relating to the Valentine gold project.

We seek Safe Harbor.

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