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Seabridge Gold To Spin Out Courageous Lake Project To Shareholders
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Seabridge Gold To Spin Out Courageous Lake Project To Shareholders
Seabridge Gold (TSX: SEA) is set to provide a return to shareholders in the form of a spinout. The company this morning indicated that it has elected to spin out its subsidiary, Seabridge Gold (NWT) Inc to shareholders, with the subsidiary to be renamed to Valor Gold. The subsidiary to be spun out is notably the 100% owner of the Courageous Lake Gold Project, found in the Northwest Territories. The project is one of the largest undeveloped gold …
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