Corporate deal was made between GAU and SLV to stop drilling so the shares could be placed at 27 cents.
SLV appear to have a very strong interest. As stated today:
"Sylvania believes that GAU’s Mooiplats Platinum Project in South Africa, which is a potential near surface Merensky reef project, warrants the investment in this exploration company.
This investment furthers the Company’s strategy of becoming a significant platinum group metal producer by leveraging its cash flow from retreatment facilities into growth projects in the region."
GAU Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held