Victoria Gold Corp T.VGCX

$7 mill Santa Fe property sold to Lahontan.

[phoenix_trader]

McConnell is a Director of Lahontan.

Lahontan plans an IPO.

1246765 B.C. Ltd. Announces Business Combination to Form Lahontan Gold Corp. (ceo.ca)

LAHONTAN GOLD CORP - LAHONTAN GOLD CORP

Financing Matters

LGC intends to complete a non-brokered private placement of subscription receipts (the "Subscription Receipts") at a price of $0.50 per Subscription Receipt for aggregate gross proceeds of at least CAD$10,000,000 and up to $15,000,000 (the "Private Placement"). In connection with the Private Placement, LGC intends to engage certain arm's length finders' to assist with the Private Placement. Those finders would be entitled to a cash commission equal to six percent (6%) of the gross proceeds raised as a result of the finder's efforts; and (ii) finders warrants ("Finders Warrants") equal in number to six percent (6%) of the subscription receipts issued to those Purchasers that were introduced to LGC by the finder (with each Finders Warrant entitling the finder to acquire one common share of LGC at a price of $0.50 for a period of 24 months from the closing of the Private Placement). Immediately prior to the completion of the Amalgamation, each Subscription Receipt is expected to convert into one LGC Share and one half of one LGG Share purchase warrant, and such LGC Shares and warrants will subsequently be exchanged pursuant to the Amalgamation for Resulting Issuer Shares and Resulting Issuer Share purchase warrants. Similarly, pursuant to the Amalgamation, each Finders Warrant would be subsequently exchanged for Resulting Issuer Share purchase warrants.

[phoenix_trader]

H'mm, is this the same John McConnell who is the highly respected CEO of Victoria Gold???? Perhaps the Ethics committee of Victoria Gold and the OSC could seek clarification!!!!!! John McConnell, Proposed Director John McConnell has more than 35 years of mining experience, mostly spent in Canada's northern territories. Previously, he was President and CEO of Western Keltic Mines

[phoenix_trader]

And Victoria Gold says this about Santa Fe right now. SANTA FE, NEVADA Location Target Deposit Type Geology and Mineralization Exploration Conclusions Maps

[phoenix_trader]

Note 7 of the Sept F/S, Victoria Gold owns 80% of Lahontan: During the quarter ended September 30, 2020, the Company entered into a transaction with a third-party company, Lahontan Gold Corp. (“Lahonton”) under which it agreed to sell its existing subsidiary company, Gateway Gold Corp. which also included Gateway Gold (USA) Corp. which in turn held 100% of the Company’s interest in the Santa Fe

[phoenix_trader]

The other (20%) shareholder of Lahontan: Our Story — KA Gold (ka-gold.com)

[OCB1234]

This post has been removed in accordance with Community Policy

[phoenix_trader]

It is the narrative that is the issue. John McConnell is the CEO of the largest mine in the Yukon. That fact is omitted in his biographical information, why? The devil is in the details, analysts and fund managers pay attention or at least they did, maybe nothing matters in the wild west we see now with Wallstreetbets. I think the folks in Switzerland, London and New York do look at the

[Whateverrr]

You are clueless.....never seem to understand or get anything right.  Just like the give away of the Yukon claims to his wife, the VG geo and other VG people to the Banyan name they isolated out VG investors.  Have you seen ANY value given to VG for giving this claim away.  NO, because VG got almost nothing $$$ for it to begin with and it has done zero to the VG stock.  Have

[MVargas]

Phoenix, I don't understand your concern. Lahontan is a private US company headquartered in Nevada.  The OSC doesn't have jurisdiction over any private American company. It seems that Lahontan's BOD includes 3 Victoria executives and their bios as posted on the Lahontan site are exact cut and paste copies from Victoria's web site.  Should they have added to

[hcahoon]

Again, MVargas appears to be the adult in the room. Phoenix trader tries hard but is in left field with this one. All to do about nothing.

[phoenix_trader]

Lahontan is merging with a BC company (765) which is filing an IPO and will be listed in Canada. 1246765 B.C. Ltd has filed on SEDAR since July, 2020. Either the BCSC or the OSC will scrutinize the filing statetment and the IPO prospectus.   Today's PR states McConnell will be the sole VGCX Director and does not say what VGCX's shareholding will be in the new Lahontan. One would

[MVargas]

That link doesn't work - it brings you to the home page of "The Market Hearald". This is a proper link to the NR: https://finance.yahoo.com/news/1246765-b-c-ltd-announces-155800240.html As I read the NR, there is a proposed Amalgamation of Lahontan and 1246765 B.C. Limited where post amalgation Lahontan will hold 67,840,532 shares and 1246765 B. C. Limited will hold 1 million

[OCB1234]

This post has been removed in accordance with Community Policy

[Whateverrr]

What conspiracy theory ?  You deal with straw men on all your posts. By the way even though the sale of all the past Nevada properties cashed out for $150 million to VG to further the Eagle mine along, you said the claims were doo doo.    Recently you said Santa Fe was worthless and nothing would ever be done on it.  Wrong again.  Guess what insider sketchy behavior, give