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Lode Gold Seeks Approval for Spin-Out and Share Consolidation
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Lode Gold Seeks Approval for Spin-Out and Share Consolidation

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

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Lode Gold Resources Inc. has applied for TSX Venture Exchange approval to spin out a new exploration company, Gold Orogen, while also consolidating its shares on a ten-to-one basis. The company aims to attract new investors with a streamlined capital structure and plans a significant share distribution to unlock value for its shareholders.

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

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