Every Spin-Off
Ravena Resources
Under reviewCAExplores five mineral projects in Sonora, Mexico, including Los Cuarentas, Cecilia and Ariel, carved out of Riverside Resources.
Proposed spin-out of five Sonora, Mexico exploration projects (Los Cuarentas, Cecilia, Ariel, El Valle, Suaqui Grande) held by subsidiary Ravena Resources, which raised C$1.0m in a founder financing.
- Status
- Under review
- Expected
- H1 2027
- Parent
- Riverside Resources (RRI CN)
- Spin-off ticker
- To be announced
- Listing
- TSX Venture Exchange (target)
- Market
- Canada
- Sector
- Materials
Terms
Proposed spin-out subject to further financing, Riverside shareholder approval and TSXV acceptance; distribution ratio not yet disclosed. Ravena targets a TSXV listing in the first half of 2027.
Key dates
- Reorganization and founder financing
- Shareholder approval
- TSXV listing
Source documents
- Press releaseRiverside completes first financing for Ravena ahead of spin-out (07/13/26)
- PresentationNot yet published
- Prospectus / demerger documentNot yet public
Every Spin-Off research
No report on this situation yet. New reports are published on Substack first.
Receive reports by email