Gold Standard to Increase Strategic Investment in Battle Mountain Gold Inc. - "Gold Standard Ventures Corp.(TSX VENTURE:GSV)(NYSE MKT:GSV) ("Gold Standard" or the "Company") announces that further to its news release of May 6, 2016, Gold Standard intends to increase its strategic investment in Battle Mountain Gold Inc. (TSX VENTURE:BMG) ("Battle Mountain"), of #300 - 1055 West Hastings Street, Vancouver, B.C., by exercising all of its 5,240,717 warrants (the "Warrants") to acquire an additional 5,240,717 common shares of Battle Mountain (the "Warrant Shares") at a price of C$0.37 per share for an aggregate purchase price of C$1,939,065.29 (the "Warrant Purchase Price"). The consent of the TSX Venture Exchange (the "TSXV") to the creation of Gold Standard as a new control person of Battle Mountain, a pre-condition to the exercise of the Warrants, has now been received following Battle Mountain's disinterested shareholder approval of Gold Standard as a control person. Gold Standard expects to exercise the Warrants within the next 5 to 7 days." More
- 06/16/16 | Item |


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