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They said that Management will done the same spin out as was done by Kaminak, and here is spin out that was done by Kaminak, I think that this model is similar also to EVG spin out.

http://de.advfn.com/news_Kaminak-Receives-Shareholder-and-Court-Approval-for-Spin-Out-of-Kivalliq-Energy_27091360.html

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