TORONTO, June 24, 2015 /CNW/ - Marathon Gold
Corporation ("Marathon" or the "Company") (MOZ: TSX) announced
today the results of voting at the annual meeting of shareholders
held on June 23, 2015 in Toronto, Ontario.
All of the director nominees set out in the management
information circular dated May 12,
2015 were elected as directors, to serve a one year term. In
addition, PricewaterhouseCoopers LLP was re-appointed as the
Company's auditor for the fiscal year ending December 31, 2015.
Details of the voting are as follows:
Proposal #1 – Election of Directors
|
|
Votes
For
|
|
Percentage of
Votes For
|
|
Votes
Withheld
|
|
George D.
Faught
|
|
28,368,251
|
|
99.92%
|
|
22,243
|
|
Phillip C.
Walford
|
|
28,231,241
|
|
99.44%
|
|
159,253
|
|
Julian B.
Kemp
|
|
28,357,051
|
|
99.88%
|
|
33,443
|
|
Joseph G.
Spiteri
|
|
28,362,051
|
|
99.90%
|
|
28,443
|
|
Douglas H.
Bache
|
|
28,364,051
|
|
99.91%
|
|
26,443
|
Proposal #2 – Reappointment of Auditor
|
|
Votes
For
|
|
Percentage
of
Votes
For
|
|
Votes
Withheld
|
|
PricewaterhouseCoopers LLP
|
|
31,905,572
|
|
99.94%
|
|
20,184
|
The Company's shareholders voted in favour of all matters
brought before the meeting. The results of voting will be filed at
www.sedar.com.
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 2.83 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. Certain of Marathon's exploration expenditures at its
mineral properties in Newfoundland
are funded by the Government of Newfoundland and Labrador through its Junior Exploration
Assistance program. For more information please
visit www.marathon-gold.com.
CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING
INFORMATION
Except for statements of historical fact
relating to Marathon Gold Corporation, certain information
contained herein constitutes "forward-looking statements".
Forward-looking statements include statements that are predictive
in nature, depend upon or refer to future events or conditions, or
include words such as "expects", "anticipates", "plans",
"believes", "considers", "intends", "targets", or negative versions
thereof and other similar expressions, or future or conditional
verbs such as "may", "will", "should", "would" and "could". We
provide forward-looking statements for the purpose of conveying
information about our current expectations and plans relating to
the future and readers are cautioned that such statements may not
be appropriate for other purposes. By its nature, this
information is subject to inherent risks and uncertainties that may
be general or specific and which give rise to the possibility that
expectations, forecasts, predictions, projections or conclusions
will not prove to be accurate, that assumptions may not be correct
and that objectives, strategic goals and priorities will not be
achieved. These risks and uncertainties include but are not limited
to those identified and reported in Marathon Gold Corporation's
public filings, which may be accessed at
www.sedar.com. Other than as specifically required
by law, we undertake no obligation to update any forward-looking
statement to reflect events or circumstances after the date on
which such statement is made, or to reflect the occurrence of
unanticipated events, whether as a result of new information,
future events, results or otherwise.
SOURCE Marathon Gold Corporation