Lode Gold Announces Strategic Spin-Out
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Lode Gold Announces Strategic Spin-Out

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Stratabound Minerals (TSE:LOD) has released an update.

Lode Gold Resources Inc. is spinning out its subsidiary Gold Orogen, creating two distinct companies and offering shareholders a tax-efficient share distribution. Gold Orogen will focus on exploration in Canada with over $3 million in initial funding and plans for significant exploration activities in the coming year.

For further insights into TSE:LOD stock, check out TipRanks’ Stock Analysis page.

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