Calibre Mining Corp. to Acquire Marathon Gold Corporation

November 13, 2023

Calibre Mining Corp. entered into a definitive arrangement agreement to acquire all issued and outstanding common shares of Marathon Gold Corporation in a court-approved plan of arrangement. The combination creates an Americas-focused mid-tier gold producer with expected pro-forma annual production of approximately 500,000 ounces (2025–2026E) and fully funds the construction of Marathon’s Valentine Gold Project.

Buyers
Calibre Mining Corp.
Targets
Marathon Gold Corporation
Sellers
Marathon shareholders
Industry
Energy
Location
Ontario, Canada
Transaction Type
Buyout

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