Business
Auryn Resources Inc. To Place up to $500,000 in Additional Financing
VANCOUVER , Jan. 23, 2014 /CNW/ - Auryn Resources Inc. (TSXV: AUG) ("Auryn" or the "Co...
About this update from Fury Gold Mines Limited
[{"type":"text","content":"\n\n\nVANCOUVER, Jan. 23, 2014 /CNW/ - Auryn Resources Inc. (TSXV: AUG) (\"Auryn\" or the \"Company\"), is pleased to announce that it\n intends to raise up to an additional $500,000 through a non-brokered\n private placement. The placement is to be offered under identical terms\n as the Company's recently completed Private Placement, raising\n $2,196,500 in November of 2013, and will consist of up to 1 million\n common shares of the Company at a price of CAD$0.50 per share (the\n \"Offering\").\n\n\nThe Company intends to use the net proceeds, as well as those from the\n November placement, to continue its pursuit of mineral property\n opportunities in Turkey and across Eurasia.  At this time, the Company\n has not entered into any definitive agreement with respect to these\n acquisitions.\n\n\nThe shares under the Offering will be subject to a four-month hold\n period and will not be registered in the United States. No broker fees\n or commissions will be paid in connection with this Offering.\n\n\nClosing of the Offering is anticipated to occur on or before February\n 12th, 2014 and is subject to customary closing conditions including,\n but not limited to; the negotiation, execution of definitive placement\n agreements and receipt of applicable regulatory approvals, including\n approval of the TSX Venture Exchange.\n\n\nOn Behalf of the Board\n\"Shawn Wallace\"\n\n\nShawn Wallace\nPresident, CEO and Director\n\n\nForward Looking Information\n\n\nThis release includes certain statements that may be deemed\n \"forward-looking statements\". Forward-looking information is\n information that includes implied future performance and/or forecast\n information including information relating to, or associated with,\n exploration and or development of mineral properties. These statements\n or graphical information involve known and unknown risks, uncertainties\n and other factors which may cause actual results, performance or\n achievements of the Company to be materially different (either\n positively or negatively) from any future results, performance or\n achievements expressed or implied by such forward-looking statements.\n\n\nDisclaimer\n\n\nThis news release does not constitute an offer to sell or a solicitation\n of an offer to buy nor shall there be any sale of any of the Common\n Shares in any jurisdiction in which such ...