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Victoria Gold Corp VITFF

Victoria Gold Corp. is a gold mining company. The Company’s flagship asset is its 100% owned Dublin Gulch property, which hosts the Eagle, Olive and Raven gold deposits along with numerous targets along the Potato Hills Trend including Nugget, Lynx and Rex Peso. Dublin Gulch is situated in the central Yukon, Canada, approximately 375 kilometers (km) north of the capital city of Whitehorse. The property covers an area of approximately 555 square kilometers and is the site of the Company's Eagle and Olive Gold Deposits. It also holds a suite of other development and exploration properties in the Yukon, including Brewery Creek, Clear Creek, Gold Dome and Grew Creek. The Eagle West target area lies as close as 500 meters northwest of the main Eagle Gold Deposit and hosts the exposures of the granodiorite. The Raven target is located at the contact zone at the extreme southeastern portion of the Nugget Stock. The Brewery Creek Project is a past producing heap leach gold mining operation.


GREY:VITFF - Post by User

Bullboard Posts
Comment by Greatdaysaheadon Jun 25, 2019 10:15am
146 Views
Post# 29860048

RE:Victoria Gold Announces That Orion Has Agreed To Increase It

RE:Victoria Gold Announces That Orion Has Agreed To Increase It

next 18-24 months should be "interesting".
Orion will follow the Board recommendation in case the Cie receives an offer, vote as requested.. and won't buy a single new share.
Is it the perfect time to sell a Gold producer at the time it begins commercial production and at the time POG in a upside trend ?

As per PR:
The independent directors of the Company worked alongside Osisko and Orion in completing the Transaction. In conjunction with the Transaction, Orion has agreed to certain new shareholder covenants, including that Orion and its affiliates will agree to: (i) vote or act in accordance with the recommendation of the Company’s management and independent directors in connection with any change of control transaction involving the Company for a period of 18 months; (ii) vote in accordance with the recommendation of the Company’s management and independent directors in connection with the membership of the Company’s board of directors for 24 months; (iii) customary provisions requiring Orion to ‘standstill’ with respect to additional purchases of common shares of the Company for a period of 18 months; (iv) certain restrictions on dispositions for 18 months

Bullboard Posts