RE:Spin co. (Copper!) JefferonianGold: The approval of Viszla Copper was handed down in a special shareholders’ meeting on June 15, 2021. The completion of the approved proposal is still subject to TSX Venture Exchange’s approval of the arrangement, approval of the listing of Viszla Copper shares on the exchange, and the completion of at least $3.5 million private placement by the recently spun-out copper company.
While there is no exact date, the arrangement for the Spin Co. is expected to be completed in July 2021.