Business NewsMarketWire • Sun Valley Gold LLC: Control and Direction Over Common Shares of Victoria Gold Corporation

Sun Valley Gold LLC: Control and Direction Over Common Shares of Victoria Gold Corporation

Sun Valley Gold LLC: Control and Direction Over Common Shares of Victoria Gold Corporation

SUN VALLEY, IDAHO--(Marketwired - May 10, 2016) - Sun Valley Gold LLC ("Sun Valley") announced today that it has acquired control and direction over an aggregate of 20,000,000 units ("Units") of Victoria Gold Corporation ("Victoria Gold") on behalf of client accounts, including Sun Valley Gold Master Fund, Ltd. (the "Master Fund"), over which it has discretionary trading authority. The Units were acquired pursuant to a private placement on May 10, 2016 for a purchase price of $0.30 per Unit. Of the 20,000,000 Units over which Sun Valley acquired control and direction, the Master Fund acquired beneficial ownership of 11,980,000.

View More : http://www.marketwired.com/mw/release.do?id=2123589&sourceType=3
Releted News by marketwire
ImageWare Systems CEO Jim Miller Talks About Launch of Enterprise-Ready, Turn-Key Biometric Authentication SaaS for Mass Adoption on Amazon Web Service Cloud on SecuritySolutionsWatch.com
Artisan Energy Provides Corporate Update
Sun Valley Gold LLC: Control and Direction Over Common Shares of Victoria Gold Corporation