Nevada King Gold Corp (TSE:NKG) has released an update.
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Nevada King Gold Corp. has received court approval for the spin-out of its non-Atlanta claims into a subsidiary, providing shareholders with new shares in both Nevada King and the new entity. This strategic move, backed by overwhelming shareholder support, is set to take effect on August 1, 2024, and aims to enhance focus on the Atlanta Gold Mine Project while leveraging the potential of the remaining assets.
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