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