The chart below depicts the value of Eagle Plains shares over the years starting prior to the spin-out of Copper Canyon Resources in June 2006. It includes the proportionate value of all Eagle Plains' spin-outs and their mergers including Copper Canyon, Nova Gold, Omineca Mining, Trilogy Metals, Dixie Gold which was spun-off in December 2011 as Yellowjacket Resources (YJK) and finally Taiga Gold. See notes below chart for details.
Notes:
- June 2006 Eagle Plains spins-off it's most developed asset, Copper Canyon, into Copper Canyon Resources (CPY:TSX-V)) on a 1-for-1 share basis to existing shareholders. Only weeks prior to this spin-off Eagle Plains was trading near 70 cents, after the spin-off Eagle Plains continued trading near 70 cents while CPY began trading at $1.02, a 245% gain in value
- May 2011 the Copper Canyon Resources shares were acquired by NovaGold Resources (NG:TSX) on a 13.6 CPY to 1 NG share ratio and CPY shareholders also received a new share, Omineca Mining and Metals (OMM:TSX-V) on a 1-for-4 basis. This arrangement was worth approximately $65 million to Copper Canyon shareholders at the time it was approved
- December 2011 Eagle Plains spins-off Yellowjacket Resources (YJK:TSX-V) on a 1-for-3 share basis to existing shareholders. Yellowjacket was renamed Athabasca Nuclear (ASC:TSX-V) and in 2015 came under different management. It has since been renamed to Clean Commodities Corp. (CLE:TSX-V) and finally to Dixie Gold (DG:TSX-V)
- April 2012 NovaGold spins-off NovaCopper (TMQ:TSX) on a 1-for-6 share basis which has been renamed to Trilogy Metals Inc
- April 2018 Eagle Plains spins-out Taiga Gold Corp. (TGC:CSE) on a 1 for 2 share basis
- April 2022 Taiga Gold Corp. is purchased by SSR MIning in an all cash deal amounting to approx $31M ($0.265/share)