White Gold Moves to Spin Out Critical Metals in Yukon

By Bob Moriarty – 321gold

White Gold (WGO-V) is the major player in the White Gold District in the Yukon. Formed to capitalize on the many years’ experience of Shawn Ryan, the company has about 40% of the district with twenty-one different projects spanning about 300,000 square km.

White Gold has an early Christmas gift for existing investors as of the middle of August as the date of record. WGO is spinning out six critical metals projects into a new company to be named W2 Critical Metals Corporation. The terms are for existing White Gold investors to receive one share of the new company for every five shares of White Gold as of the record date. W2 will be targeting primarily copper, tungsten and molybdenum, all listed as critical metals today.