Stratabound Minerals (TSE:LOD) has released an update.
Lode Gold Resources Inc. has announced a strategic move to merge its subsidiary with Great Republic Mining via a Reverse Take Over, resulting in two separate entities designed to maximize shareholder value. This tax-efficient spin-out will see Lode Gold shareholders holding a majority stake in the newly formed company, Gold Orogen, while facilitating new investment opportunities.
For further insights into TSE:LOD stock, check out TipRanks’ Stock Analysis page.
