Oct 17 (Reuters) - Canadian miner Yamana Gold YRI.TO said on Monday it plans to spin off its Brio Gold subsidiary, which owns non-core gold mining properties in Brazil, to its shareholders.
Yamana shareholders will receive purchase rights in Brio as a dividend in-kind, which they can use to buy shares in the unit. It also said it would retain an unspecified stake in Brio after the spin-off.