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Gold Standard Ventures Corp. T.GSV

Gold Standard Ventures Corp is an advanced stage gold exploration company. The firm engages in acquiring and exploring mineral projects, in and around Nevada for gold and other minerals. The firm focuses on obtaining discoveries at the Railroad-Pinion gold project located within Nevada's Carlin Trend and Lewis gold project located in Lander County. It also operates mining projects names Bald Mountain, North Bullion, Dark Star, and Pinion in Nevada.


TSX:GSV - Post by User

Comment by Ausum79on Jun 29, 2012 7:01pm
177 Views
Post# 20070961

RE: FCMI

RE: FCMI

Beek, my understanding is that FCMI had the right to purchase shares at a certain percentage of whatever financing is incurred by the company and at the same price.  My understanding is that when the 10 million shares financing was announced, the company was obligated to issue to FCMI a certain number of shares equal to a certain percentage of the financing number of shares.  FCMI could take less than what they are allowed to purchase, if they so chose.

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