18:47:56 EDT Thu 28 Mar 2024
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Gold Standard investor FCMI buys 11.4 million shares

2015-02-05 19:33 ET - News Release

Mr. Dan Scheiner reports

FCMI PARENT CO. ACQUIRES SHARES OF GOLD STANDARD VENTURES CORP.

FCMI Parent Co. has acquired 11.4 million common shares of Gold Standard Ventures Corp. at a price of 47 U.S. cents per common share. The common shares were acquired from treasury pursuant to a final prospectus supplement dated Jan. 28, 2015, to Gold Standard Ventures' short form base prospectus dated June 23, 2014. FCMI Parent now holds 27,418,744 common shares, representing 19.2 per cent of the issued and outstanding common shares of Gold Standard Ventures.

The common shares were acquired for investment purposes. FCMI Parent intends, subject to market conditions, to make additional acquisitions or dispositions in securities of Gold Standard Ventures in the future.

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