Gold Standard Ventures Corp. closes US$6.3 million public offering

Date closed: 8/19/2014

Value: US$6.3 million

On August 19, 2014, Gold Standard Venture Corp. (Gold Standard or Company) closed its public offering of 9,850,000 common shares of the Company (the Common Shares), including 850,000 Common Shares issued on partial exercise of the over-allotment option, at a price of US$0.64 per Common Share for gross proceeds of US$6,304,000 (the Offering). The Offering was undertaken by a syndicate of underwriters led by Macquarie Capital Markets Canada Ltd. and including Loewen, Ondaatje, McCutcheon USA Limited, Tempest Capital Corp. and H.C. Wainwright & Co. LLC (collectively, the Underwriters).

The Company intends to use the net proceeds of this Offering (after deduction of Underwriters' commission and costs of issue) to fund ongoing exploration at its Railroad-Pinion Project as recommended in the Phase 1 work program of the Railroad-Pinion technical report dated March 31, 2014 and for general corporate and working capital purposes.

Gold Standard, headquartered in Vancouver, British Columbia is an advanced stage gold exploration company focused on district sale discoveries in Nevada.

BLG acted for Macquarie Capital Markets Canada Inc., as lead underwriter, with a team led by Graeme Martindale that included Robert D. Wallis and Julie Bogle.