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VANCOUVER, BRITISH COLUMBIA--(Marketwired - Feb. 12, 2016) - Gold Standard Ventures Corp. (TSX VENTURE:GSV)(NYSE MKT:GSV) ("Gold Standard" or the "Company") is pleased to report that it has closed its previously announced private placement financing (the "Financing") with a wholly owned subsidiary of OceanaGold Corporation (TSX:OGC)(ASX:OGC)(NZX:OGC) ("OceanaGold") for 13,831,931 common shares of Gold Standard (the "Purchased Shares") at a price of C$1.00 per share for gross proceeds of C$13,831,931. OceanaGold now owns approximately 19.9% of the Company's issued and outstanding shares on an undiluted basis. |
