George D. Faught, a Director, acquired 100,000 Common Shares on a direct ownership basis at a price of $1.320 through a private transaction on September 30th, 2019. The insider also acquired 50,000 Warrants with an exercise price of $1.600 until September 30th, 2021 . This represents a $132,000 investment into the company's shares and an account share holdings change of greater than 100%.
Marathon Gold is in the Precious Metals & Minerals Sub Industry Group under the Basic Materials Sector.
Marathon Gold Corp (Marathon) is a Canada-based company engaged in the acquisition, exploration and development of natural resource properties located in North America. The Company's projects include Valentine gold Camp, Baie Verte gold property, The Bonanza Mine and The Gold Reef property. The Valentine Gold Camp is in west central Newfoundland and includes over four zones with existing mineral resources, the Leprechaun, Marathon, Sprite and Victory Deposits. The Bonanza Mine is located in Baker County in northeastern Oregon, the United States. The Gold Reef property is an exploration property consisting of approximately 10 hectares of claims located near Stewart, British Columbia. The Company has royalty interest in the Golden Chest property.
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