Avidian Gold Corp. (TSX-V:AVG) CEO Steve Roebuck tells Proactive the group will spin out its subsidiary High Tide Resources Corp with the intention to list its common shares on the Canadian Securities Exchange. Roebuck says the company is declaring a special distribution High Tide common shares to Avidian shareholders, where it hopes Avidian to directly benefit from the exploration and development potential of the Labrador West Iron Project located in Newfoundland and Labrador, in Canada.
Avidian Gold Corp to spin out subsidiary HighTide Resources Corp