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Stock Market & Financial Investment News

News Breaks
May 30, 2014
05:51 EDTGSVGold Standard Ventures announces sale of non-core assets, new Chief Geologist
Gold Standard Ventures announced that it has entered into a binding Letter of Intent to sell its entire portfolio of non-core early exploration assets consisting of Crescent Valley, East Camp Douglas and East Bailey projects to Tanqueray Exploration for cash and shares. The sale follows a strategic decision by Gold Standard's Board of Directors to concentrate the company's efforts on its wholly-owned advanced stage Railroad-Pinion Project on Nevada's Carlin Trend. Changes to the company's technical team have also been made to reflect the shift in strategic direction. Gold Standard also announced that Senior Geologist, Mac Jackson, Jr., M.Sc. will become VP Exploration and will be joined by newly hired Chief Geologist John Norby, M.Sc. John Norby has over 35 years of experience as exploration, project and Chief Geologist.
News For GSV From The Last 14 Days
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May 15, 2015
16:29 EDTGSVGold Standard Ventures terminates LOI to non-core early exploration assets
Gold Standard Ventures announces that due to current market conditions it has terminated the letter of intent to sell its portfolio of non-core early exploration assets consisting of the Crescent Valley, East Camp Douglas and East Bailey projects to Tanqueray Exploration as first announced on May 30, 2014. The company also intends to drop such assets and terminate any underlying lease agreements which will result in annual maintenance cost savings in excess of $400,000 per year. The company will continue to focus its exploration efforts exclusively on its 100% owned/controlled Railroad-Pinion Project in Nevada's Carlin Trend as more particularly described in the company's news release of April 28.
May 11, 2015
07:32 EDTGSVGold Standard Ventures announces C$16.2M strategic investment by OceanaGold
Gold Standard Ventures announced that is has entered into a subscription agreement pursuant to which a wholly owned subsidiary of OceanaGold Corporation. OceanaGold has agreed to purchase, in a private placement, 24,997,661 common shares of the Company at a price of C65c per Common Share for gross proceeds of C$16.25M. The Financing is expected to close on or around May 20. At closing, it is anticipated that OceanaGold will own approximately 14.9% of the company's issued and outstanding shares on an undiluted basis. The net proceeds of the Financing will be used to further advance the company's Railroad-Pinion project and for general corporate and working capital purposes.

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