A Nevada focused gold exploration and development Company, advancing the high-grade Tonopah Project

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Bullboard - Investor Discussion Forum Viva Gold Corp. V.VAU

Alternate Symbol(s): VAUCF

Metals & Mining Gold

Viva Gold Corp. is a Canada-based gold exploration and development company, The Company’s business is the acquisition, exploration and development of precious metal properties. It is advancing its 100% owned Tonopah Project, located in the Walker Lane Trend in Western Nevada. The Tonopah property is located approximately 30 kilometers (km) northeast of Tonopah, Nevada and 30 miles south of... see more

TSXV:VAU - Post Discussion

Viva Gold Corp. > Filed . Done and done .

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Post by iluv2buyem on May 09, 2022 7:50pm

Filed . Done and done .

VAU Viva Gold 35,966,666-share private placement

Viva Gold Corp (C:VAU)
Shares Issued 55,641,225
Last Close 5/9/2022 $0.095
Monday May 9 2022 - Private Placement

The TSX Venture Exchange has accepted for filing documentation with respect to a non-brokered private placement announced March 28, 2022, and May 6, 2022.

Number of shares:35,966,666 shares Purchase price:12 cents per share Number of placees:six placeesInsiders:RAB Capital (William Philip Seymour Richards), five million; Dundee Resources Ltd. (Jonathan Goodman), 18.3 million Finder's fee:$134,760 cash payable to Dundee Goodman Merchant Partners

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Comment by baystock1 on Aug 21, 2022 6:29pm

wow 35,966,666 shares dilution in one go at rock bottom share price. That is 66% increase in the shares outstanding. I guess this is what you would expect from a management team with little skin in the game. A Feb 2021 presentation (John Tumazos very independent research) showed that management and board owns 2.3 million shares which works out to 2.5% and which decreases with each ...more

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Viva Gold Corp.