I'm reading win Win t is proposed that the transaction be carried out by way of statutory plan of arrangement (the "Arrangement") pursuant to the Canada Business Corporations Act. Under the terms of the Spin-Out, shareholders of TomaGold would exchange their existing common shares of TomaGold for the same number of new common shares of TomaGold (having the identical terms of the existing TomaGold common shares) and common shares of Monster Exploration. The number of common shares of Monster Exploration to be issued to each TomaGold shareholder under the Spin-Out has not yet been determined, but the TomaGold Exploration Assets are expected to be transferred at a valuation of C$22,660,000 based on an independent valuation and fairness opinion. There would be no change in the shareholders' holdings in TomaGold as a result of the Spin-Out.