Initial assets and value of Stinger after the split;

1,400,499 common shares of Tudor at today price of $3.25 = $4,551,621
$2,500,000 in cash
Totalling $7,051,621 divided by 45,000,000 shares will make $0.1567/share value.
Adding to that the proprieties values and other assets described in the news then my guess is that we should have an initial Stinger value of about 20-25 per share.
 
The assets that will be transferred to Stinger under the Arrangement will be the Dunwell, D1 McBride and Gold Hill properties, the optioned interests in the Silver Side, Ample Goldmax and Glitter King properties, 1,400,499 common shares of Tudor Gold Corp., the office located at #92 - 2nd Avenue West, Cardston, Alberta, together with office furniture and equipment located therein, certain vehicles, $1,500,000 - $3,000,000 cash and the right to receive 80% of the net warrant exercise proceeds received by the Company after completion of the Arrangement from the exercise of warrants that were outstanding at the time of completion of the Arrangement (collectively, the "Assets").
 
 is pleased to announce that further to its press release dated December 5, 2020, the effective date for the spin-out of certain assets, including property interests, Tudor Gold Corp. shares, $2,500,000 cash, the right to contingent cash payments on exercise of certain outstanding warrants, and certain real property, to its shareholders by way of a plan of arrangement (the "Arrangement") with Stinger Resources In