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Gold Standard Reminds Security Holders to Vote for the Acquisition by Orla Mining Before the Deadline of August 5, 2022

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Gold Standard Ventures Corp. (NYSE AMERICAN: GSV) is urging security holders to vote in favor of its acquisition by Orla Mining Ltd. before the special meeting on August 9, 2022. The deadline for votes is 8:30 a.m. Pacific Time on August 5, 2022. Both ISS and Glass Lewis, prominent proxy advisory firms, support the acquisition, and Gold Standard’s Board of Directors unanimously recommends voting in favor. The Company is focused on developing the South Railroad Project in Nevada, a significant gold project within a 21,000 hectare land area.

Positive
  • Strong support received from security holders for the acquisition.
  • Recommendations from ISS and Glass Lewis to vote in favor of the acquisition.
  • Unanimous support from Gold Standard's Board of Directors for the acquisition.
Negative
  • None.
  • The deadline to vote is 8:30 a.m. (Pacific Time) on Friday August 5, 2022.
  • For any questions, please contact Gold Standard’s proxy solicitation agent and communications advisor, Laurel Hill Advisory Group, toll free at 1-877-452-7184 (1-416-304-0211 outside North America) or email assistance@laurelhill.com.

VANCOUVER, British Columbia, Aug. 02, 2022 (GLOBE NEWSWIRE) -- Gold Standard Ventures Corp. (NYSE AMERICAN: GSV) (TSX: GSV) (“Gold Standard” or the “Company”) today reminds Gold Standard security holders (“Security Holders”) to vote “FOR” the proposed acquisition by Orla Mining Ltd. (“Orla”) prior to the upcoming special meeting of the Security Holders (the “Meeting”) to be held on August 9, 2022. To date, the Company has received strong support from Security Holders for the proposed acquisition.

Two Leading, Independent Proxy Advisory Firms, ISS and Glass Lewis, have both recommended that Security Holders VOTE FOR the Proposed Acquisition

Gold Standard’s Board of Directors UNANIMOUSLY recommends that Security Holders
VOTE FOR the Arrangement Resolution

How to Vote

In the essence of time, Security Holders are encouraged to vote online or by telephone.

THE VOTING DEADLINE IS 8:30 a.m. (Pacific Time) ON FRIDAY AUGUST 5, 2022

Vote using the following methods prior to the Meeting.

InternetTelephone or Fax 
   
Registered Shareholders
Shares held in own name and represented by a physical certificate.
www.investorvote.comTelephone: 1-866-732-8683
Fax: 1-866-249-775
 
    
Non-Registered Shareholders
Shares held with a broker, bank or other intermediary.
www.proxyvote.comCall or fax to the number(s) listed on your voting instruction form 

The Meeting Materials have been filed by the Company on SEDAR and are available under the Company’s profile at www.sedar.com and on the Company’s website at www.goldstandardv.com/investors/filings-financials/sms.

Security Holder Questions and Voting Assistance

For any questions or assistance with voting, Security Holders can contact Laurel Hill Advisory Group at 1-877-452-7184 (toll-free in North America), 1-416-304-0211 (calls outside North America) or by email at assistance@laurelhill.com.

About Gold Standard

Gold Standard is developing the South Railroad Project, an open pit, heap leach gold project located in Elko County, Nevada. The project is part of a +21,000 hectare land package on the Carlin Trend, and is 100% owned or controlled by Gold Standard.

Cautionary Note Regarding Forward-Looking Statements

This news release contains forward-looking statements, which relate to future events or future performance. All statements, other than statements of historical fact, included herein are forward-looking statements. Forward-looking statements herein include, without limitation, statements regarding the benefits of the transaction and the Meeting. Such forward-looking statements reflect management’s current beliefs and are based on assumptions made by and information currently available to the Company, including that the Company will complete the transaction, including receipt of required Security Holder, regulatory and Court approvals. By their nature, forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause our actual results, performance or achievements, or other future events, to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. These risks, uncertainties and other factors include, among others: that the Company may not complete the transaction, including receipt of required Security Holder, regulatory and Court approvals, and the additional risks identified in our filings with Canadian securities regulators on SEDAR in Canada (available at www.sedar.com) and with the SEC on EDGAR (available at www.sec.gov/edgar.shtml). These forward-looking statements are made as of the date hereof and, except as required under applicable securities legislation, the Company does not assume any obligation to update or revise them to reflect new events or circumstances.

For further information contact:
Michael McDonald
Vice President, Corporate Development & Investor Relations
Phone: 1-604-687-2766
E-Mail: info@goldstandardv.com


FAQ

What is the voting deadline for Gold Standard Ventures' acquisition by Orla Mining?

The voting deadline is 8:30 a.m. Pacific Time on August 5, 2022.

What is the date of the special meeting for Gold Standard Ventures' security holders?

The special meeting is scheduled for August 9, 2022.

Which firms recommended voting for the acquisition of Gold Standard Ventures?

Both ISS and Glass Lewis recommended that security holders vote in favor of the acquisition.

What project is Gold Standard Ventures currently developing?

Gold Standard Ventures is developing the South Railroad Project located in Elko County, Nevada.

Gold Standard Ventures Corp

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