07:22:58 EDT Fri 29 Mar 2024
Enter Symbol
or Name
USA
CA



Gold Standard Ventures Corp
Symbol GSV
Shares Issued 260,042,886
Close 2019-07-11 C$ 1.30
Market Cap C$ 338,055,752
Recent Sedar Documents

Gold Standard arranges $15M bought deal financing

2019-07-11 16:45 ET - News Release

Mr. Jonathan Awde reports

GOLD STANDARD VENTURES CORP. ANNOUNCES C$15 MILLION BOUGHT DEAL FINANCING

Gold Standard Ventures Corp. has entered into an agreement with a syndicate of underwriters led by BMO Capital Markets, under which the underwriters have agreed to buy, on bought deal basis, 12.3 million common shares, at a price of $1.22 per common share, for gross proceeds of approximately $15-million. The company has granted the underwriters an option, exercisable at the offering price for a period of 30 days following the closing of the offering, to purchase up to an additional 15 per cent of the offering to cover overallotments, if any. The offering is expected to close on or about July 31, 2019, and is subject to Gold Standard receiving all necessary regulatory approvals.

The net proceeds of the offering will be used for continued exploration and for permitting and development at the company's 100-per-cent-owned Railroad-Pinion project and for working capital purposes.

The common shares will be offered by way of a short form prospectus in each of the provinces of Canada, except Quebec, and may also be offered by way of private placement in the United States.

About Gold Standard Ventures Corp.

Gold Standard is an advanced-stage gold exploration company focused on district-scale discoveries on its Railroad-Pinion project, located within the prolific Carlin trend. Gold Standard's successful exploration of the Pinion and Dark Star gold deposits has created potential near-term development option and further consolidates the company's premier land package on the Carlin trend.

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