Marathon upsizes bought offering

TSX-listed Marathon Gold, which owns the Valentine gold project in central Newfoundland, is amending the terms of its previously announced bought deal offering to upsize it to C$30-million.

Under the amended terms, Canaccord Genuity, Sprott Capital Partners and RBC Capital Markets, as co-lead underwriters, have agreed to purchase, on a bought deal basis, 20 000 000 units at C$1.50 each.