Trigon Metals Inc (TSE:TM) has released an update.
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Trigon Metals Inc. shareholders have given the green light for significant corporate actions, including the spinout of its Moroccan assets into a new entity, Safi Silver Corp., and a share consolidation strategy. The unanimous approval for the spinout aims to enhance the value of Trigon’s Silver Hill and Addana projects, while the share consolidation will adjust the company’s stock structure. These strategic moves reflect shareholder confidence in Trigon’s direction, particularly amidst favorable conditions for silver exploration in Morocco and a positive copper market outlook.
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