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Strategies & Market Trends : Dino's Bar & Grill -- Ignore unavailable to you. Want to Upgrade?

To: Goose94 who wrote (16802)	4/21/2016 2:14:36 PM
From: Goose94	Respond to of 202400

MOZ-T halted

To: Goose94 who wrote (16802)	4/24/2016 11:34:26 AM
From: Goose94	Read Replies (1) \| Respond to of 202400

Marathon Gold (MOZ-V) April 21, '16 is pleased to announce that it has entered into an agreement with Canaccord Genuity Corp. ("Canaccord" or the "Underwriter"), pursuant to which the Underwriter will purchase, in any combination, flow-through common shares of the Company ("Flow-Through Shares") at a price of $0.27 per Flow-Through Share and units of the Company ("Units") at a price of $0.23 per Unit to raise aggregate gross proceeds of $2,000,140 (the "Underwritten Offering"). The Underwritten Offering is subject to a minimum of C$502,500 of gross proceeds to be raised through the issue of Units. Each Unit shall consist of one common share in the Company and one half of one common share purchase warrant of the Company exercisable for a period of 24 months from the closing date. Each whole warrant shall be exercisable into one common share of the Company at $0.32 per share. In addition, the Company will grant the Underwriter an option to sell additional units (the "Over-Allotment Units", and together with the Units and Flow-Through Shares, the "Offered Securities"), to raise additional gross proceeds of up to $1,000,040 (the "Over-Allotment Option" and together with the Underwritten Offering, the "Offering"). The net proceeds raised through the Offering will be used to incur "Canadian exploration expenses" as defined in the Income Tax Act (Canada) (the "Act") which will constitute "flow-through mining expenditures" as defined in the Act as well as for the exploration and development of the Valentine Lake Project and for general working capital purposes. Closing of the Offering is anticipated to occur on or about May 5, 2016 (the "Closing Date"). Closing of the Offering is subject to receipt of regulatory approvals, including the acceptance of the Offering by the Toronto Stock Exchange. The Offered Securities will be subject to a four month hold period under applicable securities laws in Canada. This news release does not constitute an offer to sell or a solicitation of an offer to buy the securities described herein in the United States. The securities described herein have not been and will not be registered under the United States Securities Act of 1933, as amended, and may not be offered or sold in the United States or to the account or benefit of a U.S. person absent an exemption from the registration requirements of such Act. About Marathon Gold Corporation Marathon is a Toronto based gold resource company focused on its 100% owned Valentine Gold Camp located in central Newfoundland. The Valentine Gold Camp currently hosts four near-surface, mainly pit-shell constrained, gold resources totaling 1,060,100 oz. gold at 2.20 g/t (Measured & Indicated) and 200,000 oz. gold at 2.85 g/t (Inferred), (April 2015). These resources, open along strike and to depth, cover less than 6% of the total length of the highly prospective Valentine Lake Thrust Fault and associated splay faults which host the majority of the gold mineralization within the property. For more information please visit www.marathongold.com. For more information, please contact: Christopher Haldane Investor Relations Manager Tel: 1-416-987-0714 E-mail: chaldane@marathon-gold.com Phillip Walford President and Chief Executive Officer Tel: 1-416-987-0711 E-mail: pwalford@marathon-gold.com