Golden Horse Minerals Limited Chess DepositoryASX: GHM

Spin Out Of The Sorrel Copper Project

· Issued by Golden Horse Minerals Limited Chess Depository

Filed with ASX · · 9 pages · English

Summary by 6ix AI

Golden Horse Minerals Limited has announced a proposed spin out of its Sorrel Copper Project into a new entity called Sorrel Metals Limited, which will be executed through a Canadian Plan of Arrangement. This spin out aims to unlock the value of the Sorrel Copper Project for shareholders and will involve a pro rata in-specie distribution of shares to existing Golden Horse shareholders. The transaction is subject to shareholder and court approval, with a meeting planned for late December or early January to seek this approval.

Written by 6ix AI from the company’s filing. How 6ix writes summaries

On 6ix: 6ix.com/news/spin-out-of-the-sorrel-copper-project

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