Carlin Gold plans spinout of 5% NSR royalty on Cortez Summit property to shareholders
Reuters2026/08/24 15:58- Carlin Gold outlined a 2026 plan to spin out a 5% net smelter return royalty on its Cortez Summit property in Nevada.
- The royalty is expected to be transferred to a wholly owned subsidiary, then distributed to shareholders via a British Columbia plan of arrangement.
- Completion remains subject to definitive agreements, title diligence, shareholder approval, court approval, and TSX Venture Exchange acceptance.
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