The best I can do Is point you towards a Co by the name of Evolving Gold, they spun out their prosperity property It became Prosperity Goldfields, American holders were treated very differently than Canadian holders In terms of the spin out shares, I would have to go back for the fine details but I can tell you US spin out shares were sold In the open market on their belhalf at firesale prices. Check It out for yourself and If I get a chance I'll go back and see what I can turn up for you!


Just be aware that the rules ARE different for US holders In terms of spinout shares.