FCMI TORONTO , June 29, 2012 /CNW/ - FCMI Parent Co. has acquired 1,150,000 common shares (the "Common Shares") of Gold Standard Ventures Corp (GSV.V) ("Gold Standard") at a price of US$2.00per Common, representing 1.41% of the total issued and outstanding shares of Gold Standard, following the completion of a recent public offering by Gold Standard.
I'm curious what the significance of this "following the completion" represents? Evidently they may not have participated, but bought this position independently, after the completed offering for the same price. Either way this is an additional vote of confidence. Friedberg's early interest was one of my first hints for GSV (gv) One of Canada"s wealthiest, a large chunk of which came out of three hits in the mining industry.
Interesting today how many of the small producing or near production gold mining companies popped today.