Jourdan Plans Spin Out of Uranium Asset

Jourdan Resources Inc. (TSXV:JOR) reports the approval of a spin out transaction.

The press release is quoted as saying:

The objective of the Spin Out is to maximize shareholder value by allowing the market to independently value separate property portfolios. The Spin Out will result in two strategically positioned companies, one focused on Uranium and the other focused on Rare Metals or High Technology Metals.

Click here to access the entire press release.