09:44 AM EST - Marathon Gold Corporation : Has purchased for cancellation the historical 7.5% net profit interest royalty that covers certain mineral resource areas at the Company’s Valentine Gold Project in central Newfoundland. As consideration for the NPI Royalty, Marathon paid $500,000 in cash and issued 1,341,607 common shares (having an approximate value of $4 million) at closing to the Reid Newfoundland Company Limited, the private third-party vendor. Marathon Gold Corporation
shares T.MOZ are trading down $0.11 at $2.80.
