Gold X2 Signs Definitive Agreements to Distribute 1% Moss Gold Royalty to Shareholders
Bitget2026/10/27 11:16- Gold X2 Mining entered definitive agreements for its previously announced spin-out of a 1% net smelter return royalty on the Moss Gold Project.
- Shareholders will receive one SpinCo share for every five shares held, with their existing holdings unchanged.
- The royalty covers potential future mineral production at the wholly owned project; SpinCo shares will not be listed immediately following closing.
- Completion requires shareholder, court and TSX Venture Exchange approvals; the board unanimously determined the arrangement is fair to shareholders.
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