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White Gold shareholders approve spin-out of critical mineral assets to W2 Critical Minerals Corp.

Company Fundamentals
12 Aug 2026
Newsfile Corp
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Bullish
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White Gold Corp. shareholders have approved the spin-out of its critical mineral properties in Yukon to a new company, W2 Critical Minerals Corp., pending final court and regulatory approvals. Shareholders will receive W2 shares proportionate to their White Gold holdings, with White Gold retaining about 19.9% ownership in W2. This move aims to unlock value from White Gold's mineral projects while continuing its large-scale gold exploration program. The spin-out is expected to complete after court approval scheduled for August 13, 2026, and W2 plans to list on the TSX Venture Exchange.

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