Freegold Ventures Limited T.FVL

Alternate Symbol(s): FGOVF

Metals & Mining Gold

Freegold Ventures Limited is a Canada-based company focused on exploration in Alaska. The Company holds Golden Summit Gold Project near Fairbanks and Shorty Creek Copper-Gold Project near Livengood through leases. The Golden Summit Project is a road-accessible gold exploration project near Fairbanks, Alaska. The project comprises approximately 53 patented claims, 107 unpatented federal claims, and 244 State of Alaska claims that cover a total area of 6,110.4 hectares. The property includes Keystone Claims, Newsboy Claims, Tolovana Claims, Green Claims, Chatham Claims, Alaska Mental Health Trust Property, Alaska Mining and Development Property, Discovery Claims, and Cheechako Claims. The property includes three main rock units: Fairbanks Schist, Chatanika Terrane and intrusive rocks. The Shorty Creek Project is 120 kilometers northwest of Fairbanks, Alaska and four kilometers south of the all-weather paved Elliott Highway within the Livengood-Tolovana Mining District.

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Freegold Ventures Limited > Takeovers

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Comment by stockpunter2on Aug 28, 2024 2:39pm

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Post# 36199853

RE:RE:RE:RE:RE:Takeovers

I'm no expert, but my impression is that take-overs get "announced" as "done-deals", when the large majority of shares are held by insiders, including corporate investors. Their collective majority means that they can simply decide to do it. ES owning 30% IS impressive, but if he has to rely on thousands of small shareholders holding the other 70%, he is not really in a position to guarantee compliance with the offer, (although obviously a high offer would help!). Who else owns FVL? Also, I don't know what exactly are the rules for takeovers and would appreciate anyone directing me to the appropriate literature. Thanks.

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