Gold Standard Mining Corp. (OTCBB: GSTP) announced a private placement of one 10% convertible promissory note for gross proceeds of $92,500 on May 25, 2017. The transaction included participation from accredited investor JSJ Investments Inc. The note carries a fixed interest rate of 10% per annum with a default rate of 18%, and would mature on February 25, 2018. The note was issued at a discount of $7,500. The note is convertible into common shares of the 45% discount to the lowest trading price during the previous 20 trading days to the date of a conversion notice or a 45% discount to the lowest trading price during the previous 20 trading days before the date that this note was executed. The securities were issued pursuant to exemption provided under regulation D. The company paid legal fees of $2,000.