Tag: Spinout

Rokmaster Resources Enters Into Arrangement Agreement for Spin-Out of Duncan Lake and Big Copper Projects

2023-11-20 19:37:47 VANCOUVER, BC, Nov. 20, 2023 /CNW/ – Rokmaster Resources Corp. (TSXV: RKR) (OTCQB: RKMSF) (FSE: 1RR1) (“Rokmaster” or the “Company”) is pleased to announce that it has entered into an arrangement agreement (the “Arrangement Agreement”) with its wholly-owned subsidiary, 4Metals Exploration Ltd. (“SpinCo” or “4Metals”), pursuant to which it will spin out (the “Spin-Out”) all […]

York Harbour Metals and Phoenix Gold Announce Completion of Spin-Out Transaction

2023-09-14 07:23:58 Vancouver, British Columbia–(Newsfile Corp. – September 14, 2023) – York Harbour Metals Inc. (TSXV: YORK) (OTC PINK: YORKF) (FSE: 5DE0) (the “Company” or “York“), is pleased announce that the Company has completed its spinout transaction whereby York spun-out 100% of the common shares of Phoenix Gold Resources (Holdings) Ltd. (“Spinco“) to the shareholders […]

CanAlaska Announces Spinout of 5 Nickel Properties and other Assets and Sets Date for Annual General & Special Meeting

2023-09-05 05:35:39 Vancouver, British Columbia–(Newsfile Corp. – September 5, 2023) – CanAlaska Uranium Ltd. (TSXV: CVV) (OTCQX: CVVUF) (FSE: DH7N) (“CanAlaska” or the “Company“) is pleased to announce that its board of directors has unanimously approved a spinout of the Company’s Halfway Lake, Resting Lake, Hunter, Odei River and Mel properties (collectively, the “Nickel Properties“) […]

Lake Winn Resources Provides Update on Spin-Out Financing

2023-08-22 15:03:17 Vancouver, British Columbia – TheNewswire – August 22, 2023 – Lake Winn Resources Corp. (TSXV:LWR) (FSE:EE1A) (the “Company”) announces that Gold Winn Resources Corp. (“Gold Winn”), the exploration company involved with the Company’s spin-out of its Cloud and Quartz properties in Manitoba (the “Spin-Out”), intends to increase the size of its non-brokered private […]

Lake Winn Resources Provides Update on Spin-Out

2023-08-16 15:07:02 Vancouver, British Columbia – TheNewswire – August 16, 2023 – Lake Winn Resources Corp. (TSXV:LWR) (FSE:EE1A) (the “Company”) is pleased to announce that in connection with the Company’s proposed spin-out (the “Spin-out”), Gold Winn Resources Corp. (“Gold Winn”) is proceeding with a non-brokered private placement (the “Offering”) of up to 7,500,000 special warrants […]

York Harbour Metals Enters into Arrangement Agreement for Proposed Spin-Out of Phoenix Gold Project

2023-06-15 05:36:35 Toronto, Ontario–(Newsfile Corp. – June 15, 2023) – York Harbour Metals Inc. (TSXV: YORK) (OTC Pink: YORKF) (FSE: 5DE0) (the “Company” or “York“), confirms its board of directors (the “Board“) has unanimously approved a previously announced spin-out (the “Spin-Out“) and has now entered into an arrangement agreement (the “Arrangement Agreement“) with York’s wholly-owned […]

CanAlaska Uranium Proposes to Spinout Five Nickel Properties

2023-06-12 05:33:09 Vancouver, British Columbia–(Newsfile Corp. – June 12, 2023) – CanAlaska Uranium Ltd. (TSXV: CVV) (OTCQX: CVVUF) (FSE: DH7N) (“CanAlaska or the “Company”) announces that it intends to spinout five of its nickel properties: Halfway Lake, Resting Lake, Hunter, Odei River and its recently acquired Mel nickel deposit lease and claims (the “Nickel Properties“). It is […]

HighGold Mining and Onyx Gold Announce Closing of Spin-Out Arrangement

2023-06-06 11:02:11 Vancouver, British Columbia–(Newsfile Corp. – June 6, 2023) – HighGold Mining Inc. (TSXV: HIGH) (OTCQX: HGGOF) (“HighGold“) and Onyx Gold Corp. (“Onyx Gold“) are pleased to announce that HighGold and Onyx Gold have closed their previously announced spin-out transaction, by way of a court-approved statutory plan of arrangement (“Arrangement“) under the Business Corporations […]

Proposed Spin-out of Teuton Copper-Gold Properties Located South of the Sulphurets Hydrothermal System; Application for OTC QB Listing; Advisory Board

2023-04-24 13:27:03 Vancouver, Canada – TheNewswire – April 24, 2023 –– Teuton Resources Corp.  (“Teuton” or “the Company”) (TSXV:TUO) (Frankfurt:TFE) is planning a spin-out of its mineral property assets located south of the Sulphurets Hydrothermal System (“SHS”) in the Golden Triangle region of northwestern British Columbia.  These assets include, among others, the Big Gold, Eskay […]

Medaro Mining Announces Proposed Spin-Out of Interest in Global Lithium Extraction Technologies

2023-04-24 03:03:41 VANCOUVER, British Columbia, April 24, 2023 (GLOBE NEWSWIRE) — Medaro Mining Corp. (CSE:MEDA; OTC:MEDAF; FSE:1ZY) (“Medaro” or the “Company”) is pleased to announce its intention carry out a strategic reorganization of its assets through which the Company would spin-out its interest in Global Lithium Extraction Technologies Inc. (“GLET”) into a newly created entity […]

Pan American Announces Completion of “Spin-Out” of Legacy Lithium Corp.

2023-04-21 05:05:53 CALGARY, Alberta, April 21, 2023 (GLOBE NEWSWIRE) — Pan American Energy Corp. (the “Company” or “Pan American”) (CSE: PNRG) (OTC PINK: PAANF) (FRA: SS6) is pleased to announce that it has completed the previously announced plan of arrangement (“Arrangement“) to “spin-out” Legacy Lithium Corp. (“Legacy”). The Arrangement became effective at 12:01 a.m. on […]

Usha Resources Provides Reminder of the April 21, 2023 Ex-Distribution Date and Due Bills Trading for the Spin-Out of Formation Metals Inc.

2023-04-17 04:04:07 VANCOUVER, BC / ACCESSWIRE / April 17, 2023 / Usha Resources Ltd. (“USHA” or the “Company”) (TSXV:USHA) (OTCQB:USHAF) (FSE:JO0) would like to remind shareholders of the upcoming ex‑distribution date of April 21, 2023, with respect to the plan of arrangement (the “Arrangement“) among the Company, Formation Metals Inc. (“Formation Metals” or “FMI“) and […]

Edison Lithium Provides Update on Spin-Out of Cobalt Assets

2023-03-27 21:02:24 Vancouver, British Columbia–(Newsfile Corp. – March 28, 2023) – Edison Lithium Corp. (TSXV: EDDY) (OTCQB: EDDYF) (FSE: VV00) (“Edison” or the “Company“) further to the Company’s news release dated May 19, 2022, the Company is pleased to provide an update regarding the proposed spinout of its cobalt assets in northeastern Ontario, referred to […]

Pan American Energy Announces Filing of Management Information Circular In Connection with Special Meeting to Approve Spin-Out of Green Energy Property

2023-03-13 05:01:09 CALGARY, Alberta, March 13, 2023 (GLOBE NEWSWIRE) — Pan American Energy Corp. (the “Company” or “Pan American”) (CSE: PNRG) (OTC PINK: PAANF) (FRA: SS6) is pleased to announce that it has mailed and filed a management information circular and related meeting materials (the “Meeting Materials”) for its special meeting (the “Special Meeting”) of […]

HighGold Mining Announces Plan to Spin-Out Ontario and Yukon Gold Assets into New Exploration Company

2023-02-22 04:34:18 Vancouver, British Columbia–(Newsfile Corp. – February 22, 2023) – HighGold Mining Inc. (TSXV: HIGH) (OTCQX: HGGOF) (“HighGold” or the “Company”) is pleased to announce the Company has initiated plans to spin-out (the “Spin-Out”) its Ontario and Yukon exploration properties into a new Canadian-focused exploration company, to be named Onyx Gold Corp. (“Onyx Gold”). […]

Pan American Energy Intends to “Spin-out” Utah Property

2023-01-03 06:06:40 VANCOUVER, British Columbia, Jan. 03, 2023 (GLOBE NEWSWIRE) — Pan American Energy Corp. (CSE: PNRG) (OTC PINK: PAANF) (FSE: SS6) (the “Company” or “Pan American”) is pleased to announce that, following careful review, the Company intends to “spin-out” its Green Energy Lithium Project, located in Cane Creek Anticline, Grand County, Utah, USA (the […]

Usha Resources Provides Update for Proposed Spin-Out of Nicobat Nickel Project

2022-11-29 05:05:19 VANCOUVER, BC / ACCESSWIRE / November 29, 2022 / Usha Resources Ltd. (“USHA” or the “Company”) (TSXV:USHA) (OTCQB:USHAF) (FSE:JO0), a North American mineral acquisition and exploration company focused on the development of drill-ready battery and precious metal projects, is pleased to announce that it has filed and mailed an information circular (the “Circular“) […]

Recharge Resources Announces Intention to Spin-Out Pinchi Nickel Project to Create New Public Company “Nextcharge Metals” Owned by Existing Recharge Shareholders

2022-10-20 06:05:24 Vancouver, BC, Oct. 20, 2022 (GLOBE NEWSWIRE) — Recharge Resources Ltd. (“Recharge” or the “Company”) (RR: CSE) (RECHF: OTC) (SL5: Frankfurt) announces plans to transfer it’s 100% owned Pinchi Lake Nickel Project, located approximately 15 to 30 km northwest of Fort St. James and 120 km northwest of Prince George in central British […]

Falcon Gold Corp. Provides Update on Spinout Transaction

2022-10-20 00:20:02 VANCOUVER, BC / ACCESSWIRE / October 20, 2022 / Falcon Gold Corp. (FG:TSXV), (3FA:GR), (FGLDF:OTCQB); (“Falcon” or the “Company“). Further to the Company’s news release of September 27, 2022, the Company is pleased to announce that it has obtained a final order from the Supreme Court of British Columbia approving the previously announced […]

Falcon’s Shareholder’s Approve Plan of Arrangement (Spin-Out) Of Subsidiary Latamark Resources

2022-09-27 00:08:50 VANCOUVER, BC / ACCESSWIRE / September 27, 2022 / Falcon Gold Corp. (TSX-V:FG)(FRA:3FA)(OTCQB:FGLDF); (“Falcon” or the “Company“). Further to the Company’s news release of August 10th, 2022, the Company provides the following update on its previously announced plan of arrangement (the “Spin-Out“). At the Company’s special shareholders meeting held on September 8, 2022, […]

Falcon Gold Corporate Update – Annual General Meeting, Spin-Out

2022-08-02 07:32:36 VANCOUVER, BC / ACCESSWIRE / August 2, 2022 / FALCON GOLD CORP. (FG:TSX-V), (3FA:GR), (FGLDF:OTCQB); (“Falcon” or the “Company“) provides corporate update letter to shareholders in an address from its Chief Executive Officer, Karim Rayani. The Company further reports its AGM is approaching and will be held on August 10th, 2022. Please visit […]

Nexus Gold Plans to Spinout Canadian Assets

2022-06-28 17:11:36 Vancouver, Canada – TheNewswire – June 28, 2022 – Nexus Gold Corp. (“Nexus Gold” or the “Company”) (TSXV:NXS), (OTC:NXXGF), (FSE:N6E) announces its intent to spinout (the “Spinout”) the Company’s existing Canadian projects (collectively, the “Canadian Projects”), which include the McKenzie Gold Project, located in Red Lake, Ontario, and the 13,000-hectare Cyclone Gold-Nickel-Copper project, […]

Falcon Gold Announces Proposed Spin-Out of Latamark Resources

2022-06-01 08:18:17 VANCOUVER, BC / ACCESSWIRE / June 1, 2022 / Falcon Gold Corp. (TSXV:FG) (GR:3FA) (OTCQB:FGLDF); (“Falcon Gold” or the “Company”) is pleased to announce its intention to spin-out (the “Spin-Out Transaction”) its rights, title and interest in and to the option agreement dated January 5, 2021 between Falcon Gold, Esperanza Resources S.A. and […]

Edison Lithium Announces Spin-Out of Cobalt Assets

2022-05-18 21:20:47 Vancouver, British Columbia–(Newsfile Corp. – May 19, 2022) – Edison Lithium Corp. (TSXV: EDDY) (OTCQB: EDDYF) (FSE: VV00) (“Edison” or the “Company“) is pleased to announce that its Board of Directors has unanimously approved a proposed spinout of its cobalt assets in northeastern Ontario, referred to as the Kittson Cobalt Property (the “Spin-Out“), […]

Ameriwest Lithium Announces Proposed Spin-Out of ISM Resources

2022-03-31 16:23:52 VANCOUVER, British Columbia, March 31, 2022 (GLOBE NEWSWIRE) — Ameriwest Lithium Inc. (“Ameriwest” or the “Company”) (CSE: AWLI) (OTC: AWLIF) (FSE: 5HV0) is pleased to announce that the Company has entered into an arrangement agreement (the “Arrangement Agreement”) dated March 31, 2022 with ISM Resources Corp. (“ISM”) whereby the Company intends to spin […]

Sassy Resources Spinout “Gander Gold” Approved For Public Listing

2022-03-04 11:38:00 VANCOUVER, BC / ACCESSWIRE / March 4, 2022 / Sassy Resources Corporation (“Sassy” or the “Company”) (CSE:SASY) (FSE:4E7) (OTCQB:SSYRF) is pleased to announce that its spinout Gander Gold Corporation (“Gander Gold” or “Gander”) has been approved for listing by the British Columbia Securities Commission (the “BCSC“) and the Canadian Securities Exchange (the “CSE“). […]

Mawson Gold Announces Update to Southern Cross Gold Spin-Out

2022-02-16 04:10:09 VANCOUVER, BC / ACCESSWIRE / February 16, 2022 / Mawson Gold Limited (“Mawson”) or (the “Company”) (TSX:MAW) (Frankfurt:MXR) (OTC PINK:MWSNF) is pleased to update the business plan of Southern Cross Gold Pty Ltd (“Southern Cross“), the Company’s Australian asset spin-out. Southern Cross holds the 100%-owned Sunday Creek project in Victoria and Mt Isa […]

Silver Elephant’s Flying Nickel Spinout Appoints Management and Directors

2021-12-07 06:40:10 VANCOUVER, BC / ACCESSWIRE / December 7, 2021 / Silver Elephant Mining Corp. (“Silver Elephant” or “the Company”) (TSX:ELEF, OTCQX:SILEF, Frankfurt:1P2N) announces the following management and director appointments to the Company’s proposed spinout, Flying Nickel Mining Corp. (“Flying Nickel”). Flying Nickel is well financed having completed its recent $8.6 million equity offering and […]

Solaris Resources Announces Proposed Spin-Out of Non-Core Assets to Create Solaris Exploration Inc.

2021-12-06 05:02:06 VANCOUVER, BC, Dec. 6, 2021 /CNW/ – Solaris Resources Inc. (TSX: SLS) (OTCQB: SLSSF) (“Solaris” or the “Company“) announces its intention to transfer its non-core assets held in Ecuador, Peru, Chile and Mexico into a newly incorporated wholly-owned subsidiary of Solaris named Solaris Exploration Inc. (“Solaris Exploration“) pursuant to an internal re-organization (the “Re-Organization“). […]

Fabled Silver Gold Receives Court Approval for Fabled Copper Spin-Out Transaction

2021-11-16 08:36:23 VANCOUVER, BC / ACCESSWIRE / November 16, 2021 / Fabled Silver Gold Corp. (“Fabled” or the “Company”) (TSXV:FCO; OTCQB:FBSGF, and FSE:7NQ) announces that it has obtained a final order from the Supreme Court of British Columbia dated November 12, 2021, to implement the Company’s proposed plan of arrangement (the “Arrangement“), pursuant to which […]

Golden Independence Mining and Hilo Mining Complete Spin-Out

2021-11-12 16:21:08 Vancouver, British Columbia–(Newsfile Corp. – November 12, 2021) – Golden Independence Mining Corp. (CSE: IGLD) (“Golden“) and Hilo Mining Ltd. (“Hilo“) are pleased to announce that they have completed their previously announced spin-out transaction (the “Spin-Out“) involving common shares of Hilo (“Hilo Shares“). In accordance with the terms of the arrangement agreement between […]

Golden Independence Mining Announces Effective Date for Spin-Out

2021-11-05 09:01:35 Vancouver, British Columbia–(Newsfile Corp. – November 5, 2021) – Golden Independence Mining Corp. (CSE: IGLD) (OTCQB: GIDMF) (FSE: 6NN) (“Golden Independence“) or (the “Company“) is pleased to announce that the effective date (the “Effective Date“) for its previously announced “spin-out” of 1,000,000 common shares of Hilo Mining Ltd. (“Hilo“) is anticipated to be Friday, […]

Sassy Resources Announces Dividend Spinout of 8.83 Million Gander Gold Shares

2021-10-15 04:58:29 VANCOUVER, BC / ACCESSWIRE / October 15, 2021 / Sassy Resources Corporation (“Sassy” or the “Company”) (CSE:SASY)(FSE:4E7)(OTCQB:SSYRF) is pleased to announce that its Board of Directors has approved the dividend spinout distribution (the “Spinout”) to its shareholders of an aggregate of 8,833,333 common shares (the “Gander Shares”) in the Company’s wholly-owned subsidiary, Gander […]

Macarthur Minerals: Infinity Mining IPO Spin-Out Update: Seed Placement Completed

2021-10-14 05:03:23 VANCOUVER, British Columbia, Oct. 14, 2021 (GLOBE NEWSWIRE) — Macarthur Minerals Limited (ASX: MIO) (TSX-V: MMS) (OTCQB: MMSDF) (the Company or Macarthur) is pleased to announce that it has closed its fundraising for Infinity Mining Limited (“Infinity”) for A$1.5 million prior to its intended Initial Public Offering (“IPO”) on the Australian Securities Exchange […]

Sailfish Royalty Announces Binding Letter of Intent to Spinout the Gavilanes Silver Project Combined with Wexford’s Commonwealth Silver-Gold Project into a Separate Public Company to be Named “Swordfish Silver”

2021-10-07 05:09:25 TORTOLA, British Virgin Islands, Oct. 7, 2021 /CNW/ – Sailfish Royalty Corp. (TSXV: FISH) (OTCQX: SROYF) (the “Company” or “Sailfish“) is pleased to announce that it has entered into a binding letter of intent (the “LOI“) with 1287398 B.C. Ltd. (“Pubco” or “Swordfish Silver“) to complete a transaction with Pubco (the “Proposed Transaction“) with […]