F3 Uranium Corp. V.FUU

FUU Shares and Tax

[Senk2]

I received my shared as a result of owning FCU. 

I have not seen any discussion of tax consequences of the spinout of FUU.

I'm assuming one of the following applies:

 - ACB of my FCU shares remains the same and the ACB of my FUU shares is $0.00

 - ACB of my FCU shares decreases by $0.10 each and the ACB of FUU is $0.10/share

Anyone know what the proper treatment is or if I am wrong altogether.

Thanks in advance.