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Nuinsco Moves Two Steps Closer to Creating Victory Nickel Inc.
Nuinsco Resources Limited today announced that it has received a favourable ruling from the Canada Revenue Agency (CRA) indicating that a proposed spin-off to create Victory Nickel Inc. (”Victory Nickel”), Canada’s newest pure-play nickel company, will be treated as a tax-neutral (tax-deferred butterfly) transaction for Nuinsco and its shareholders. In addition, Nuinsco has received a [...]
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