CSE Bulletin: Notice of Distribution - Zeus North America Mining Corp. (ZEUS)
Portfolio Pulse from
Zeus North America Mining Corp. has approved a plan to spin out its Chlore Property to its subsidiary, Kelso Mining Inc. The share distribution record date is set for January 29, 2025.
January 21, 2025 | 3:30 am
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Zeus North America Mining Corp. is spinning out its Chlore Property to Kelso Mining Inc., with a share distribution record date of January 29, 2025.
The spin-out of the Chlore Property to Kelso Mining Inc. could unlock value for Zeus shareholders, as it allows for focused development of the property under Kelso. The announcement of a specific record date adds clarity and could positively impact investor sentiment.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100