May 16, 2018 / 11:51 AM / 2 months ago

BRIEF-Goldstrike Announces Proposed Spin-Off Of White Gold District Properties

May 16 (Reuters) - Goldstrike Resources Ltd:

* GOLDSTRIKE ANNOUNCES PROPOSED SPIN-OFF OF WHITE GOLD DISTRICT PROPERTIES

* GOLDSTRIKE RESOURCES LTD - GOLDSTRIKE SHAREHOLDERS TO RECEIVE LUCKYSTRIKE SHARES ON A 1 FOR 7 BASIS

* GOLDSTRIKE RESOURCES LTD - ON A PRO FORMA BASIS, GOLDSTRIKE SHAREHOLDERS ARE EXPECTED TO OWN ABOUT 76%

* GOLDSTRIKE RESOURCES LTD - ON A PRO FORMA BASIS GOLDSTRIKE IS EXPECTED TO OWN ABOUT 24% OF OUTSTANDING LUCKYSTRIKE SHARES Source text for Eikon: Further company coverage:

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