Great Pacific Gold / GPAC (TSX)

Bohrprogramm auf Lauriston (südlich von KL's Fosterville Mine) beginnt - jetzt wird man die Hose runterlassen:

Meldung vom 05.01.2021

FOSTERVILLE SOUTH COMMENCES DRILLING AT LAURISTON PROJECT

Fosterville South Exploration Ltd. has commenced drilling at its Lauriston gold project, located in Victoria, Australia.
Highlights

• Lauriston is immediately south of and contiguous with Kirkland Lake Gold's Fosterville mine tenements;
• 600-square-kilometre project with excellent structural setting and significant historic high-grade gold production reported despite lack of modern exploration and drilling;
• Initially a two-drill rig program.

Hier zwei Stellungnahmen vom Team und dem CEO bezüglich Leviathan und der allgemeinen Situation. Es gab offensichtlich doch einige Rückfragen, aber ich bleibe dabei, dass das Unternehmen sehr gut aufgestellt ist:

Management:
"Dear Fosterville South Shareholder, With drilling ongoing at Lauriston, assays pending at Golden Mountain and Lauriston, drill permits applied for on multiple projects and a strong treasury of close to $30 million in cash, we are in great shape to grow the company.Our note today relates to a specific question raised by many shareholders regarding Leviathan Gold spinout shares held in registered accounts.Your brokerage firm may have indicated to you that the Leviathan shares currently in your registered accounts (such as RRSPs, TFSAs etc) are not eligible to remain in those accounts indefinitely.The reason they are not yet “eligible” is that the company is not yet publicly trading. Once trading, the Leviathan Gold spinout shares will immediately become eligible for registered accounts. In the first tax return filed by Leviathan Gold in respect of its first taxation year, Leviathan Gold will elect, for tax purposes, to be deemed to have been a public corporation from date of its incorporation. As shares of a public corporation are eligible for registered accounts, this election will have retroactive effect and thus the Leviathan Gold shares will for tax purposes be eligible for registered accounts from the date of the incorporation. As to when the shares will be trading, we have completed the spinout transaction and have submitted all documentation on this to the applicable regulatory bodies. At this point, we are just waiting for TSXV approval of the listing date. Once in hand, we will issue a news release that states the trade date. We expect and believe this will occur shortly.So, there is no need for action on your part if you want to simply leave the shares in your registered account until such time these shares trade. Please consult with your broker and tax advisor if you have specific questions on this or need any information as to strategy and ramifications.Thanks for your support. Leviathan has two excellent gold projects, is permitted to commence drilling and has a strong treasury given the recent oversubscribed $12.9 million funding. We are very excited to see this strong management team advance these projects."

CEO:
"The environment for gold equities (particularly the sub $1b mkt cap sits) has been weak. FSX is in great shape - close to $30m in cash, results pending on two great projects, drills turning, more drill permits pending, the premier land position in what is arguably the world's most important region for high grade gold exploration. We are in excellent condition. Corporately, fundamentally and on the ground - never better. The share price pull back is lousy. We all feel that. But, at the same time - all we can do is keep marching forward and building value on the ground. I've seen this movie before and in the end, value gets recognized. We are focused on building value."

Gruß
KPO

Am 10.02. beginnt die Notierung von Leviathan an der TSX.V unter der Kennung LVX:

Meldung vom 01.02.2021

Leviathan Gold Receives Conditional Approval to Trade on the TSX Venture Exchange

• Leviathan is well funded with approximately $12.5 million cash on hand
• drill permits in place to allow for immediate exploration
• trading expected to commence February 10, 2020 with symbol LVX

VANCOUVER, BC, Feb. 1, 2021 /CNW/ - Fosterville South Exploration Ltd. ("FSX" or the "Company") (TSXV: FSX) (OTC: FSXLF) (Germany: 4TU) and Leviathan Gold Ltd. ("Leviathan") are pleased to announce that Leviathan has received conditional approval from the TSX Venture Exchange ("TSXV") to list its common shares on the TSXV under the symbol "LVX"