White Gold Corp. Announces Spin-Out to Create a Yukon Focused Publicly Listed Critical Minerals Exploration Company
Core Viewpoint - White Gold Corp. has initiated a spin-out transaction to create a new exploration company focused on critical minerals in Yukon, aimed at unlocking the value of its non-gold project portfolio [1] Group 1: Spin-Out Transaction - The spin-out will transfer White Gold's portfolio of copper, molybdenum, tungsten, and other critical mineral properties located in west-central Yukon into a standalone vehicle [1] - Shares of the new company, referred to as SpinCo, will be distributed to existing shareholders of White Gold [1]