TORONTO, Jan. 16, 2024 (GLOBE NEWSWIRE) — Marathon Gold Corporation (“Marathon”; TSX: MOZ) is pleased to announce that at a special meeting (the “Special Meeting”) of its shareholders (the “Marathon Shareholders”) held earlier today, a significant majority of the Marathon Shareholders voted in favour of the special resolution (the “Arrangement Resolution”) approving the proposed plan of arrangement (the “Arrangement”) with Calibre Mining Corp. (“Calibre”), pursuant to which Marathon Shareholders (other than Calibre) will receive 0.6164 of a common share of Calibre for each common share of Marathon held.
The Arrangement Resolution required the approval of at least 66 2/3% of the votes cast by all Marathon Shareholders present in person or represented by proxy and entitled to vote at the Special Meeting.
Marathon Shareholders carrying an aggregate of 278,637,000 votes, representing approximately 59.39% of votes…
