11:47 AM EST - Exeter Resource Corp. : said that its shareholders approved the spinout of its Argentine assets into Extorre Gold Mines Ltd. by plan of arrangement and that a final order approving the arrangement was granted by the Supreme Court of British Columbia on March 12. The company will now proceed to closing of the arrangement, presently expected to occur on March 22. The distribution date for Extorre shares is anticipated to be March 23. Exeter Resource Corp.
shares T.XRC are trading up $0.02 at $8.34.