| Early Warning-Gossan CEO Shareholdings Exceed 10% of Shares Outstanding | |
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WINNIPEG, MANITOBA--(Marketwired - Dec 16, 2014) - Gossan Resources Limited (TSX VENTURE:GSS)(GSR.F) (Frankfurt/Freiverkehr & Xetra:WKN 904435) has been advised by its CEO, Douglas Reeson, that he purchased a material number of shares on December 11th and 12th, 2014, and now holds 3,855,000 common shares or 11.6% of the shares issued and outstanding. Mr. Reeson purchased these shares for investment purposes and has no present intention to acquire ownership of, or control over, additional securities of Gossan, but may choose to acquire additional securities of the Company in the future for investment purposes. Mr. Reeson also holds 800,000 options to acquire an additional 800,000 common shares of Gossan. This news release is being issued pursuant to National Instrument 62-103 The Early Warning System and Related Take-Over Bid and Insider Reporting Issues of the Canadian Securities Administrators. A copy of the report filed by Reeson in connection with the shares purchased is available on the Company's SEDAR profile. Gossan Resources Limited is engaged in mineral exploration and development in Manitoba and northwestern Ontario. It has a well-diversified portfolio of properties hosting gold, platinum group and base metals, as well as the specialty and minor metals, vanadium, titanium, tantalum, lithium and chromium. The Company also has a large deposit of high-purity, magnesium-rich dolomite. Gossan participates in the frac sand industry though an equity interest in Claim Post Resources, property payments, and a significant production royalty. Gossan trades on the TSX Venture and the Frankfurt/Freiverkehr & Xetra Exchanges and has 33,170,400 common shares outstanding. 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 news release. For further information, please bookmark www.gossan.ca.
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Gossan Resources Ltd
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EXPLORATEUR |
CODE : GSS.V |
ISIN : CA3834151068 |
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Gossan Resources est une société d’exploration minière de nickel et de zinc basée au Canada. Gossan Resources détient divers projets d'exploration au Canada. Ses principaux projets en exploration sont MANIGOTAGAN, ANGELINA, INWOOD MAGNESIUM, PIPESTONE LAKE, SEPARATION RAPIDS, SHARPE LAKE, BIRD RIVER - NI ZONE, BIRD RIVER - ZN & CU ZONE, BIRD RIVER - PAGE BLOCK, ANGELINA - GOSSAN, INWOOD et KISKITTO - GOSSAN au Canada. Gossan Resources est cotée au Canada, aux Etats-Unis D'Amerique et en Allemagne. Sa capitalisation boursière aujourd'hui est 663 408 CA$ (488 231 US$, 438 578 €). La valeur de son action a atteint son plus haut niveau récent le 04 avril 1997 à 2,89 CA$, et son plus bas niveau récent le 12 décembre 2014 à 0,01 CA$. Gossan Resources possède 33 170 400 actions en circulation. |