Trigon Metals Enters Arrangement Agreement to Spin-Out Moroccan Assets
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Source: juniorminingnetwork.com
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TORONTO, February 14, 2024--Trigon Metals Inc. (TSX-V: TM) (the "Company" or "Trigon") is pleased to announce that it has entered into an arrangement agreement (the "Arrangement Agreement") with its wholly-owned subsidiary, Safi Silver Corp. ("Spinco"), to undertake a spin-out transaction that would reorganize the business and capital structure of the Company to spin out its assets in Morocco, namely the Silver Hill project (the "Silver Hill Project"), to the shareholders of Trigon (the "Trigon