09:56 AM EST - Exeter Resource Corp. : announced that it and Extorre Gold Mines Limited have closed the previously announced spinout transaction and that Extorre now trades as an independent company on the TSX under the symbol "XG". As a result of the closing, Extorre holds all of Exeter's former interest in the Argentine Cerro Moro and Don Sixto Projects as well as its Argentine Patagonian exploration projects and an initial $25 million from Exeter. Extorre's initial focus is on development of the Cerro Moro Project, while exploration drilling will continue to test for new high grade vein targets. Exeter Resource Corp.
shares T.XRC are trading down $0.04 at $7.10.
