6/30/2015 - 9:45 AM EST - Marathon Gold Corporation : has closed the first tranche of its non-brokered private placement financing announced on June 23. In this tranche, Marathon issued a total of 2,556,666 flow-through shares at a price of $0.30 per share and 6,865,000 units at a price of $0.25 per unit, for aggregate gross proceeds of $2,483,250. The proceeds raised from this financing will be used to further exploration work on Marathon's Valentine Gold Camp, including resource expansion drilling at the recently discovered Marathon Deposit area, and for general corporate purposes. Marathon Gold Corporation
shares T.MOZ are trading unchanged at $0.25.
