Red Hill Details the Proposed Spin-Out Company

Red Hill Energy (TSX VENTURE:RH) provided the following update on the proposed spin-out company being created in conjunction with the proposed Red Hill Energy / Prophecy Resource Corp merger.

The press release is quoted as saying:

The non-coal properties consist of the 100% owned, Thor Rare Earth Property, Nevada, the 100% owned Red Lithium Property, Nevada and the 100% owned Banbury Gold Property, British Columbia.

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