ADVFN Logo ADVFN

We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now

Toplists

It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Hot Features

Registration Strip Icon for monitor Customisable watchlists with full streaming quotes from leading exchanges, such as LSE, NASDAQ, NYSE, AMEX, Bovespa, BIT and more.

GSV

0.00
0.00 (0.00%)
Share Name Share Symbol Market Type
TSXV:GSV TSX Venture Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0 -

Gold Standard Files Preliminary Short Form Base Shelf Prospectus and F-3 Registration Statement

13/06/2014 10:18pm

Marketwired Canada


Gold Standard Ventures Corp. (TSX VENTURE:GSV)(NYSE MKT:GSV)(NYSE Amex:GSV)
("Gold Standard" or the "Company") announces that it has filed a preliminary
short form base shelf prospectus (the "Shelf Prospectus") with the securities
regulatory authorities in the provinces of British Columbia, Alberta and
Ontario, Canada, and a Form F-3 registration statement (the "Registration
Statement") with the United States Securities and Exchange Commission (the
"SEC").


Under the Shelf Prospectus, Gold Standard may offer and issue from time to time
any combination of common shares, warrants to purchase common shares, share
purchase contracts, subscription receipts and units (collectively the
"Securities") up to an aggregate initial offering price of US$50 million during
the 25 month period that the Prospectus, including any amendments thereto,
remains effective. Securities may be offered separately or together, in amounts,
at prices and on terms to be determined based on market conditions at the time
of sale and set forth in an accompanying prospectus supplement (a "Prospectus
Supplement").


Jonathan Awde, President and Chief Executive Officer of Gold Standard, states,
"The purpose of filing the Shelf Prospectus and Registration Statement at this
time is to provide the Company with greater flexibility to carry out one or more
public offerings of securities over the next 25 months having regard to our
capital requirements and market conditions from time to time. We are not seeking
to raise US$50 million at this time but are undertaking the necessary regulatory
filings to give us the flexibility to fast track future offerings to the public
in certain provinces of Canada and the United States, including potential large
US institutions that generally shy away from Canadian 4 month hold period
private placements, as market conditions permit."


The net proceeds to Gold Standard from the sale of Securities and the proposed
use of those proceeds will be set forth in the applicable Prospectus Supplement.
The principal business objective to be achieved with the proceeds is to further
the exploration and, if warranted, development, of Gold Standard's 100%
owned/controlled Railroad-Pinion project situated at the southeast end of the
Carlin Trend of north-central Nevada. Proceeds will also be used for, inter
alia, general administrative and corporate purposes.


A registration statement relating to these Securities has been filed with the
SEC, but has not yet become effective. These Securities may not be sold nor may
offers to buy be accepted prior to the time the Registration Statement becomes
effective.


This news release does not constitute an offer to sell or the solicitation of an
offer to buy, nor will there be any sale of these Securities in any state or
jurisdiction in which such an offer, solicitation or sale would be unlawful
prior to registration or qualification under the securities laws of any such
state or jurisdiction. Copies of the Prospectus are available on request from
the Company or at www.sedar.com and www.sec.gov.


ABOUT GOLD STANDARD VENTURES - Gold Standard is an advanced stage gold
exploration company focused on district scale discoveries in Nevada. The
Company's flagship project, the Railroad-Pinion Gold Project, is located within
the prolific Carlin Trend. The recent Pinion gold deposit acquisition offers GSV
a potential near-term development option and further consolidates the Company's
premier land package in the Carlin Trend. Gold Standard is moving towards
building NI 43-101 compliant gold resources at both the near surface, oxide-gold
Pinion deposit and the classic Carlin style, North Bullion gold deposit in 2014.


Neither the TSXV nor its Regulation Services Provider (as that term is defined
in the policies of the TSX Venture Exchange) nor the NYSE MKT accepts
responsibility for the adequacy or accuracy of this news release.


CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS

This news release contains forward-looking statements, which relate to future
events or future performance and reflect management's current expectations and
assumptions. Such forward-looking statements reflect management's current
beliefs and are based on assumptions made by and information currently available
to the Company. All statements, other than statements of historical fact,
included herein including, without limitation, statements regarding the proposed
offering of Securities under the Prospectus and Registration Statement, the
future effectiveness of the Registration Statement and the anticipated use of
proceeds from any offering made under the Prospectus and Registration Statement
are forward looking statements. By their nature, forward-looking statements
involve known and unknown risks, uncertainties and other factors which may cause
our actual results, performance or achievements, or other future events, to be
materially different from any future results, performance or achievements
expressed or implied by such forward-looking statements. Risk factors affecting
the Company include, among others: the results from our exploration programs,
global financial conditions and volatility of capital markets, uncertainty
regarding the availability of additional capital, fluctuations in commodity
prices; title matters; and the additional risks identified in our filings with
Canadian securities regulators on SEDAR in Canada (available at www.sedar.com)
and with the SEC on EDGAR (available at www.sec.gov/edgar.shtml). These
forward-looking statements are made as of the date hereof and, except as
required under applicable securities legislation, the Company does not assume
any obligation to update or revise them to reflect new events or circumstances.


Cautionary Note to United States Investors - The information contained herein
and incorporated by reference has been prepared in accordance with the
requirements of Canadian securities laws, which differ from the requirements of
United States securities laws. In particular, the term "resource" does not
equate to the term "reserve". The disclosure standards of the United States
Securities and Exchange Commission (the "SEC") normally do not permit the
inclusion of information concerning "measured mineral resources", "indicated
mineral resources" or "inferred mineral resources" or other descriptions of the
amount of mineralization in mineral deposits that do not constitute reserves by
SEC standards, unless such information is required to be disclosed by the law of
the Company's jurisdiction of incorporation or of a jurisdiction in which its
securities are traded. U.S. investors should also understand that "measured
mineral resources", "indicated mineral resources" and "inferred mineral
resources" have a great amount of uncertainty as to their existence and as to
their economic and legal feasibility. Investors are cautioned not to assume that
any part, or all, of the mineral deposits in these categories will ever be
converted into mineral reserves. Disclosure of "contained ounces" is also
permitted disclosure under Canadian regulations; however, the SEC normally only
permits issuers to report mineralization that does not constitute reserves by
SEC standards as in place tonnage and grade without reference to unit measures.


On behalf of the Board of Directors of Gold Standard,

Jonathan Awde, President and Director

FOR FURTHER INFORMATION PLEASE CONTACT: 
Gold Standard Ventures Corp.
Jonathan Awde
President
604-669-5702
info@goldstandardv.com
www.goldstandardv.com

1 Year Gold Standard Ventures Corp. Chart

1 Year Gold Standard Ventures Corp. Chart

1 Month Gold Standard Ventures Corp. Chart

1 Month Gold Standard Ventures Corp. Chart

Your Recent History

Delayed Upgrade Clock