-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, VPcIRxmS3YX0Q+9/m6dkrY1zSrOWc2fXyChsB3cy7EokmboDXrG6umSWn2mLs8y7 vGwv7doS6NOhlM1z/GJzRQ== 0001062993-07-004711.txt : 20071126 0001062993-07-004711.hdr.sgml : 20071126 20071126135122 ACCESSION NUMBER: 0001062993-07-004711 CONFORMED SUBMISSION TYPE: 6-K PUBLIC DOCUMENT COUNT: 3 CONFORMED PERIOD OF REPORT: 20071123 FILED AS OF DATE: 20071126 DATE AS OF CHANGE: 20071126 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Grandview Gold, Inc. CENTRAL INDEX KEY: 0001313974 STANDARD INDUSTRIAL CLASSIFICATION: METAL MINING [1000] IRS NUMBER: 000000000 STATE OF INCORPORATION: A6 FISCAL YEAR END: 0531 FILING VALUES: FORM TYPE: 6-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-51303 FILM NUMBER: 071265900 BUSINESS ADDRESS: STREET 1: 330 BAY STREET STREET 2: SUITE 820 CITY: TORONTO STATE: A6 ZIP: M5H 2S8 BUSINESS PHONE: 416-486-3444 MAIL ADDRESS: STREET 1: 330 BAY STREET STREET 2: SUITE 820 CITY: TORONTO STATE: A6 ZIP: M5H 2S8 6-K 1 form6k.htm REPORT OF FOREIGN PRIVATE ISSUER Filed by Automated Filing Services Inc. (604) 609-0244 - Grandview Gold Inc. - Form 6-K

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 6-K

REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 OR 15d-16
UNDER THE SECURITIES EXCHANGE ACT OF 1934

For the month of November, 2007

Commission File Number: 000-51303

GRANDVIEW GOLD INC.
(Translation of registrant's name into English)

Suite 820, 330 Bay Street, Toronto, ON, M5H 2S8 CANADA
(Address of principal executive offices)

Indicate by check mark whether the registrant files or will file annual reports under cover Form 20-F or Form 40-F.

[ x ] Form 20-F   [           ] Form 40-F

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1): [           ]

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7): [           ]

Indicate by check mark whether by furnishing the information contained in this Form, the registrant is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.

Yes [           ]    No [ x ]

If "Yes" is marked, indicate below the file number assigned to the registrant in connection with Rule 12g3-2(b): 82- _________


SUBMITTED HEREWITH

Exhibits

  99.1 Material Change Dated November 23, 2007

 


SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

  Grandview Gold Inc.
  (Registrant)
     
Date: November 26, 2007 By: /s/ Paul Sarjeant
    PAUL SARJEANT
     
  Title: President and Chief Executive Officer

 


EX-99.1 2 exhibit99-1.htm MATERIAL CHANGE DATED NOVEMBER 23, 2007 Filed by Automated Filing Services Inc. (604) 609-0244 - Grandview Gold Inc. - Exhibit 99.1

FORM 51-102F3
MATERIAL CHANGE REPORT

Item 1.

Reporting Issuer

 

 

 

GRANDVIEW GOLD INC. (the “Issuer”)

 

Suite 820 - 330 Bay Street, Toronto, ON M5H 2S8, CANADA

 

Item 2.

Date of Material Change

 

 

 

November 23, 2007

 

Item 3.

News Release

 

 

The Issuer issued a press release via a Canadian news wire. A copy of which has been filed on SEDAR.

 

Item 4.

Summary of Material Change

 

 

Toronto, Ontario, November 23, 2007 – Grandview Gold Inc. ("Grandview" or the "Company") (GVX:TSX) is pleased to announce that it has entered into an engagement letter with Bolder Investment Partners, Ltd. (the "Agent") to complete a private placement (the "Placement") to raise proceeds of up to $3,240,000. The Placement remains subject to approval of the Toronto Stock Exchange.

 

The Placement will consist of the issuance of up to: (i) 4,000,000 units (the "Units") at a price of $0.55 (CAD) per Unit; and (ii) 1,600,000 flow-through shares (the "Flow-Through Shares") at $0.65 (CAD) per Flow-Through Share. Each Unit will consist of one common share of Grandview and one-half of one common share purchase warrant ("Warrant") with each whole Warrant being exercisable to acquire one further common share of Grandview at a price of $0.70 (CAD) for a period of 24 months from closing.

 

In connection with the Placement, Grandview has agreed to pay a cash fee to the Agent of 8% of the gross proceeds raised under the private placement and also to issue broker options to acquire up to that number of Units as is equal to 8% of the total number of Units and Flow- Through Shares issued under the Placement for a period of 24 months from closing.

 

The proceeds from the unit offering will be used primarily to fund the Company's drilling program on the Pony Creek/Elliott Dome property in Nevada (the "Property"), which it operates as joint venture partner with Mill City Gold Corp. and also its Red Lake projects in Ontario and Rice Lake projects in Manitoba, as well as working capital and general corporate purposes.

 

Grandview management and geologists believe that the Property is one of the more promising gold properties in Nevada today. Outside of South Africa, north central Nevada's Carlin Trend is the most prolific gold region in the world. With over 900 claims over 28 square miles (7,285 hectares), the Pony Creek property comprises the largest consolidated land position on the prolific Carlin Trend not already owned by a major resource company.

 

The Company’s Red Lake projects, located in Ontario’s 30 million ounce gold Red Lake Mining District, and its Rice Lake projects located on the same archean greenstone belt just across the Manitoba border, are being explored this season as well.

Page 1 of 3

Grandview Gold Inc.



Under the terms of an option agreement with Mill City Gold Corp, the Company, which acts as joint venture operator, has earned an 80% interest in the Property. The Property is situated at the south end of the Carlin Trend between Barrick Gold Corporation’s 3.5 million ounce (USD$2.8 billion) Bald Mountain Mine and Newmont’s 5 million ounce (USD$4 billion) Rain/Emigrant Springs.

 

Item 5.

Full Description of Material Change

 

 

Toronto, Ontario, November 23, 2007 – Grandview Gold Inc. ("Grandview" or the "Company") (GVX:TSX) is pleased to announce that it has entered into an engagement letter with Bolder Investment Partners, Ltd. (the "Agent") to complete a private placement (the "Placement") to raise proceeds of up to $3,240,000. The Placement remains subject to approval of the Toronto Stock Exchange.

 

The Placement will consist of the issuance of up to: (i) 4,000,000 units (the "Units") at a price of $0.55 (CAD) per Unit; and (ii) 1,600,000 flow-through shares (the "Flow-Through Shares") at $0.65 (CAD) per Flow-Through Share. Each Unit will consist of one common share of Grandview and one-half of one common share purchase warrant ("Warrant") with each whole Warrant being exercisable to acquire one further common share of Grandview at a price of $0.70 (CAD) for a period of 24 months from closing.

 

In connection with the Placement, Grandview has agreed to pay a cash fee to the Agent of 8% of the gross proceeds raised under the private placement and also to issue broker options to acquire up to that number of Units as is equal to 8% of the total number of Units and Flow- Through Shares issued under the Placement for a period of 24 months from closing.

 

The proceeds from the unit offering will be used primarily to fund the Company's drilling program on the Pony Creek/Elliott Dome property in Nevada (the "Property"), which it operates as joint venture partner with Mill City Gold Corp. and also its Red Lake projects in Ontario and Rice Lake projects in Manitoba, as well as working capital and general corporate purposes.

 

Grandview management and geologists believe that the Property is one of the more promising gold properties in Nevada today. Outside of South Africa, north central Nevada's Carlin Trend is the most prolific gold region in the world. With over 900 claims over 28 square miles (7,285 hectares), the Pony Creek property comprises the largest consolidated land position on the prolific Carlin Trend not already owned by a major resource company.

 

The Company’s Red Lake projects, located in Ontario’s 30 million ounce gold Red Lake Mining District, and its Rice Lake projects located on the same archean greenstone belt just across the Manitoba border, are being explored this season as well.

 

Under the terms of an option agreement with Mill City Gold Corp, the Company, which acts as joint venture operator, has earned an 80% interest in the Property. The Property is situated at the south end of the Carlin Trend between Barrick Gold Corporation’s 3.5 million ounce (USD$2.8 billion) Bald Mountain Mine and Newmont’s 5 million ounce (USD$4 billion) Rain/Emigrant Springs.

 

Item 6.

Reliance on subsection 7.1(2) or (3) of National Instrument 51-102

 

 

 

N/A

Page 2 of 3

Grandview Gold Inc.



Item 7. Omitted Information
   
  N/A
   
Item 8. Senior Officers
   

The following senior officer of the Issuer is knowledgeable about the material change and may be contacted by the Commission at the following telephone number:

 

 

 

Paul Sarjeant

 

Phone: (416) 486-3444

The foregoing accurately discloses the material change referred to herein.

Dated at Toronto, Ontario this 26th day of November 2007

Grandview Gold Inc.

"Paul Sarjeant"

Paul Sarjeant,
President and Chief Executive Officer

Page 3 of 3

Grandview Gold Inc.


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