Brief: Marathon Gold Provides Valentine Gold Project Development Update
06/05/2021 12:44
May 6 (Reuters) - Marathon Gold Corp MOZ.TO :
* MARATHON GOLD PROVIDES VALENTINE GOLD PROJECT DEVELOPMENT
UPDATE
* MARATHON GOLD CORP - APRIL 21, 2021 FS ESTIMATES AN
INITIAL
CAPITAL COST FOR VALENTINE GOLD PROJECT OF C$305 MILLION
* MARATHON GOLD - ENGAGED WITH CONSORTIUM OF FINANCIAL
INSTITUTIONS UNDER AN INDICATIVE TERM SHEET, MANDATE LETTER FOR
SENIOR TERM LOAN FACILITY
* MARATHON GOLD - AS OF DEC 31, 2020 CO HAD CASH, CASH
EQUIVALENTS
OF C$52 MILLION, WITH AN ADDITIONAL C$30 MILLION OF IN-THE-MONEY
WARRANTS DUE IN 2021
Source text for Eikon: ID:nGNX5Wd9MH
Further company coverage: MOZ.TO
((Reuters.Briefs@thomsonreuters.com;))
Recent news on Marathon Gold
See all newsBrief: Marathon Gold Announces Receipt Of Final Court Order For Arrangement With Calibre
Brief: Marathon Gold ISS And Glass Lewis Have Each Recommended That Marathon Shareholders Vote "For" Co's Proposed Plan Of Arrangement With Calibre Mining
Brief: Calibre Intends to Mail and File the Special Meeting Materials Today In Connection with the Proposed Combination with Marathon
Investee Company Update: TRU Precious Metals
Canada Research Roundup: Boyd Group Services, Exchange Income, Mag Silver Corp