This is how a Spin-out could be done

Highly prospective exploration company

Resource projects cover more than 1,713 km2 in three provinces at various stages, including the following: hematite magnetite iron formations, titaniferous magnetite & hematite, nickel/copper/PGM, chromite, Volcanogenic Massive and gold.

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FANTOMAS

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This is how a Spin-out could be done

posted on Feb 02, 2011 08:43AM

http://agoracom.com/ir/Evolving/forums/discussion/topics/465400-evolving-gold-declares-dividend-in-kind-and-sets-record-date-for/messages/1505022 Costs of aprox. $ 300000 could be reimbursed by the newco. New shares distributed as benefit-in-kind. PP with the oldco. (very clever!). FANTOMAS

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