Marathon Gold Announces Results of Annual Meeting of Shareholders

TORONTO, June 24, 2015 /CNW/ - Marathon Gold Corporation ("Marathon" or the "Company") (MOZ: TSX) announced today the results of voting at the annual meeting of shareholders held on June 23, 2015 in Toronto, Ontario.

All of the director nominees set out in the management information circular dated May 12, 2015 were elected as directors, to serve a one year term. In addition, PricewaterhouseCoopers LLP was re-appointed as the Company's auditor for the fiscal year ending December 31, 2015.

Details of the voting are as follows:

Proposal #1 – Election of Directors

		Votes For		Percentage of Votes For		Votes Withheld
George D. Faught		28,368,251		99.92%		22,243
Phillip C. Walford		28,231,241		99.44%		159,253
Julian B. Kemp		28,357,051		99.88%		33,443
Joseph G. Spiteri		28,362,051		99.90%		28,443
Douglas H. Bache		28,364,051		99.91%		26,443

Proposal #2 – Reappointment of Auditor

		Votes For		Percentage of Votes For		Votes Withheld
PricewaterhouseCoopers LLP		31,905,572		99.94%		20,184

The Company's shareholders voted in favour of all matters brought before the meeting. The results of voting will be filed at www.sedar.com.

About Marathon Gold Corporation

Marathon is a Toronto based gold resource company focused on its 100% owned Valentine Gold Camp located in central Newfoundland. The Valentine Gold Camp currently hosts four near-surface, mainly pit-shell constrained, gold resources totaling 1,060,100 oz. gold at 2.20 g/t (Measured & Indicated) and 200,000 oz. gold at 2.83 g/t (Inferred), (April 2015). These resources, open along strike and to depth, cover less than 6% of the total length of the highly prospective Valentine Lake Thrust Fault and associated splay faults which host the majority of the gold mineralization within the property. Certain of Marathon's exploration expenditures at its mineral properties in Newfoundland are funded by the Government of Newfoundland and Labrador through its Junior Exploration Assistance program. For more information please visit www.marathon-gold.com. 

CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING INFORMATION
Except for statements of historical fact relating to Marathon Gold Corporation, certain information contained herein constitutes "forward-looking statements". Forward-looking statements include statements that are predictive in nature, depend upon or refer to future events or conditions, or include words such as "expects", "anticipates", "plans", "believes", "considers", "intends", "targets", or negative versions thereof and other similar expressions, or future or conditional verbs such as "may", "will", "should", "would" and "could". We provide forward-looking statements for the purpose of conveying information about our current expectations and plans relating to the future and readers are cautioned that such statements may not be appropriate for other purposes.  By its nature, this information is subject to inherent risks and uncertainties that may be general or specific and which give rise to the possibility that expectations, forecasts, predictions, projections or conclusions will not prove to be accurate, that assumptions may not be correct and that objectives, strategic goals and priorities will not be achieved. These risks and uncertainties include but are not limited to those identified and reported in Marathon Gold Corporation's public filings, which may be accessed at www.sedar.com.  Other than as specifically required by law, we undertake no obligation to update any forward-looking statement to reflect events or circumstances after the date on which such statement is made, or to reflect the occurrence of unanticipated events, whether as a result of new information, future events, results or otherwise.

SOURCE Marathon Gold Corporation

Jim Kirke, Chief Financial Officer, Tel: [phone], E-mail: [email protected]