etfs metal securities

Report of Acquisition of Securities of Visionary Gold Corp.

Wesley John Adams ("Adams") reports that, pursuant to the recently completed non-brokered private placement (the "Transaction"), he has acquired beneficial ownership of an additional 1,250,000 common shares ("Common Shares") of Visionary Gold Corp. ("Visionary") as well as 625,000 Common Share purchase warrants (the "Warrants"). Each Warrant entitles the holder thereof to acquire one Common Share (each a "Warrant Share") at a price of $0.27 for a period of 24 months from the closing date of the Transaction. The Common Shares and Warrants were issued to Adams in consideration of his payment of $225,000.

The Common Shares and Warrant Shares (assuming exercise of the Warrants) acquired pursuant to the Transaction represent approximately 2.6% of the current issued and outstanding Common Shares. Immediately prior to the Transaction, Adams held 9,527,473 Common Shares, representing pre-Transaction holdings of approximately 18.45% of the issued and outstanding Common Shares. Following completion of the Transaction Adams' holdings, including any Warrant Shares which may be issued upon exercise of the Warrants, represent approximately 15.97% of the issued and outstanding Common Shares.

Adams acquired the Common Shares and Warrants for cash consideration and expects to be a long-term holder of the Common Shares. Notwithstanding the foregoing, Adams may, from time to time, acquire additional securities of Visionary, dispose of some or all of the existing or additional securities held or to be held, or, may continue to hold his current position.

This News Release is issued pursuant to National Instrument 62-103 - Early Warning System and Related Takeover Bids and Insider Reporting Issues of the Canadian Securities Administrators, which also requires an early warning report to be filed with the applicable securities regulators containing additional information with respect to the foregoing matters. A copy of the related early warning report may be obtained from Visionary's SEDAR profile (www.sedar.com) or from Adams at 303-809-4668.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/87279

News Provided by Newsfile via QuoteMedia

The Conversation (0)
Visionary Metals

Visionary Metals

Unlocking Value in the Under-Explored Past Producing Gold Belts of Wyoming

Unlocking Value in the Under-Explored Past Producing Gold Belts of Wyoming Keep Reading...
Gold nuggets with text: "5 Top Australian Mining Stocks This Week."

Top 5 Australian Mining Stocks This Week: Dalaroo Metals Gains 67 Percent on Drill Results

Welcome to the Investing News Network's weekly round-up of the top-performing mining stocks on the ASX.This week's top five gainers includes companies focused on gold, critical minerals, helium and more.Read on to discover this week's top gaining Australian mining stocks on the ASX and what... Keep Reading...
Steve Barton, mine site.

Steve Barton: Gold, Silver Prices, Plus Uranium's "Slam Dunk" Setup

Steve Barton, host of In It To Win It, weighs in on the recent price declines in gold and silver, outlining the odds for their next moves. He also discusses uranium, saying that current levels represent a strong entry point for investors. "I think this bet is a slam dunk. I think this is a... Keep Reading...
Westhaven Gold President and CEO Ken Armstrong.

Westhaven Gold: Infill Drilling Wraps at Shovelnose, Prefeasibility Study Targeted for 2027

Westhaven Gold (TSXV:WHN) is wrapping up a 35,000 meter infill drill program at its Shovelnose project in BC's Spences Bridge gold belt by the end of September, with a new mineral resource estimate (MRE) expected early next year. Results include 37 meters at 5.3 grams per tonne (g/t) gold and... Keep Reading...
GoldInxs CEO Nick Michael.

GoldInxs Targets Blackwater-Style Potential at Fishpot in Central BC

"The best place to find a new mine is right next to an existing mine."GoldInxs Mining (TSXV:INXS,OTCQB:INXGF) President and CEO Nick Michael says that idea is why the company is exploring its flagship Fishpot property in Central BC.Speaking to the Investing News Network at the Precious Metals... Keep Reading...
Don Durrett, gold and silver bars.

Don Durrett: Gold, Silver Stock Opportunity "Unbelievable," My Focus Now

Don Durrett of GoldStockData.com shares his updated gold and silver price outlook, as well as how his portfolio is focused given the current environment. "You have this unbelievable opportunity here — the leverage is just somewhat crazy," he said.Don’t forget to follow us @INN_Resource for... Keep Reading...
John Griffith, gold bars.

Gold Trend is Up, Output to Grow 500 Percent by 2030 | Gold Royalty's John Griffith

John Griffith, president of Gold Royalty (NYSEAMERICAN:GROY), outlines his company's growth plans in what he expects to continue to be a strong gold price environment. "If you just look at our current portfolio, we have over the next five years 500 percent growth all fully bought and paid for,"... Keep Reading...

Interactive Chart

Latest Press Releases

Related News