Marathon Gold secures C$185 million through 6.5-year Sprott term loan

By Devika Patel

Knoxville, Tenn., July 20 – Marathon Gold Corp. negotiated a C$185 million 6.5-year term loan with Sprott Resource Lending Corp., according to a press release.

Proceeds will be used for construction of the Valentine Gold Project.

Settlement is expected by March 31, 2022.

The gold resource development company is based in Toronto.

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