San Gold Corporation

The acquisition results in the Company beneficially owning and controlling an aggregate of 26,636,256 Common Shares, representing approximately 42.63% of the issued and outstanding Common Shares. This represents a material change over the 25,000,000 Common Shares held by the Company as at the date when SGX first became a reporting issue

Does this mean sangold owns 42.63% of SGX. What drill results that exists for SGX look good.