Aug 10 (Reuters) - Transerv Energy Ltd TSV.AX :
* Demerger of Canadian assets
* Says to effect the demerger, Transerv has incorporated a new Australian subsidiary, tsv montney limited
* Says tsv montney shares to be distributed to Transerv shareholders will have an aggregate paid up value of $14.5 million
* End result is Transerv shareholders will directly own tsv montney which will own Canadian assets through woma energy
* Source text for Eikon ID:nASX59rjv4