Zeus shareholders to receive Kelso Mining shares, focusing on the Chlore Property spinoff.
Zeus North America Mining Corp. received court approval to spin off its Chlore Property to its subsidiary, Kelso Mining Inc. Shareholders will get one Kelso share for every 150 Zeus shares they own as of January 29, 2025. The spinoff is set to complete on February 5, 2025. After the spinoff, Zeus shareholders will own shares in both Zeus, focused on Idaho properties, and Kelso, focused on the Chlore Property.
2 months ago
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