Fury Gold Mines Ltd 6-K, filed Oct 1, 2020
Fury Gold Mines Ltd (FURY)
6-K
2020-10-01
For: 2020-10-01
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Added on
April 10, 2026
About this 6-K
Fury Gold Mines Ltd filed this 6-K on October 1, 2020.
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 6-K
REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO
RULE 13a-16 OR 15d-16 UNDER THE SECURITIES EXCHANGE ACT OF
1934
For the month of October 2020
Commission File No.
001-38145
Auryn Resources
Inc.
(Translation of registrant's name into English)
(Translation of registrant's name into English)
Suite 600, 1199 West Hastings
Street
Vancouver, British Columbia, V6E 3T5 Canada
(Address of principal executive office)
Vancouver, British Columbia, V6E 3T5 Canada
(Address of principal executive office)
Indicate by check mark
whether the registrant files or will file annual reports under
cover of Form 20-F or Form 40-F
Form
20-F [ ] Form
40-F [X]
Indicate by check mark
if the registrant is submitting the Form 6-K in paper as permitted
by Regulation S-T Rule 101(b)(1) [ ]
Indicate by check mark
if the registrant is submitting the Form 6-K in paper as permitted
by Regulation S-T Rule 101(b)(7) [ ]
SUBMITTED
HEREWITH
Exhibits
Press
Release - Auryn and Eastmain
Announce Overwhelming Shareholder Support for Acquisition
Transaction after Proxy Cut-Off
SIGNATURE
Pursuant to the
requirements of the Securities Exchange Act of 1934, the registrant
has duly caused this report to be signed on its behalf by the
undersigned, thereunto duly authorized.
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AURYN RESOURCES INC.
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Date: October 1,
2020
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By:
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/s/ Elizabeth
Senez
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Elizabeth
Senez
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Interim
Chief Financial Officer
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Exhibit 99.1
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Auryn and Eastmain Announce Overwhelming Shareholder Support
for
Acquisition Transaction after Proxy Cut-Off
Vancouver
& Toronto, Canada – October 1, 2020 – Auryn
Resources Inc. (TSX: AUG, NYSE American: AUG) (“Auryn”) and Eastmain Resources
Inc. (TSX: ER) (“Eastmain”) are pleased to jointly
announce that proxy voting has concluded with support from
shareholders of both companies in excess of 99% for the previously announced
transactions pursuant to which Auryn spins out its Peruvian assets
and immediately acquires Eastmain (the “Transaction”). No shareholders of
either company exercised dissent rights in respect of the
Transaction which fulfills another important condition under the
arrangement agreement between the parties dated July 29, 2020,
which governs completion of the Transaction.
Shareholders
who voted by proxy represent 63.90% of Auryn’s issued and
outstanding shares and 34.53% of Eastmain’s issued and
outstanding shares, which are levels well above the participation
of shareholders at Auryn’s and Eastmain’s previous
AGMs. It also follows an endorsement from independent proxy advisor
Glass Lewis which, like independent proxy advisor ISS last week,
recommended shareholders of each of Auryn and Eastmain vote in
favour of the Transaction at their respective meeting and
shareholders of Auryn vote in favour of all related
matters.
Under
the Transaction, Auryn will acquire Eastmain after spinning out its
Peruvian assets into two new companies and distributing the shares
of those new companies to Auryn’s shareholders. The
Transaction will also create Fury Gold Mines Limited
(“Fury Gold”), a
leading developer of Canadian gold projects.
Registered
shareholders of both Auryn and Eastmain still have the opportunity
to vote at their respective special meeting on October 5, 2020 (the
“Meetings”).
A Message from Ivan Bebek, Executive Chairman & Director of
Auryn:
“We
appreciate the high level of support we received, which should make
Monday’s meeting a very positive event. Trading of the shares
of Fury Gold Mines will commence on a date to be specified in a TSX
bulletin which will be issued shortly after closing of the
Transaction.”
A Message from Blair Schultz, Interim President & CEO of
Eastmain:
“Eastmain
shareholders have enthusiastically supported the proposed
acquisition by Auryn. The Board and Management thank our
shareholders for the support, and we are eager to watch Fury Gold
advance our Eau Claire Project.”
The Meetings
The
Meetings will be held concurrently on virtual platforms on Monday,
October 5, 2020 at 10:00 a.m. (Vancouver time) / 1:00 p.m. (Toronto
time).
Auryn
shareholders go to https://web.lumiagm.com/481668070 to
login. Click on “I have a login” and enter your
15-digit control number or username along with the password
“auryn2020” (case specific).
Eastmain
shareholders go to AGM Connect at www.agmconnect.com/eastmain2020
to join.
Further
details regarding the Transaction, including its principal
completion conditions can be found in each of Auryn’s and
Eastmain’s management information circulars dated September
3, 2020 and filed under each of their profiles at www.sedar.com.
ON
BEHALF OF THE BOARD OF DIRECTORS OF AURYN RESOURCES
INC.
Ivan Bebek
Executive
Chairman and Director
ON
BEHALF OF THE BOARD OF DIRECTORS OF EASTMAIN RESOURCES
INC.
Blair Schultz
Interim President and CEO
For
further information please contact:
Auryn
Resources
Natasha
Frakes, Manager of Corporate Communications
778-729-0600
info@aurynresources.com
Eastmain
Resources
Blair
Schultz, Interim President and CEO
647-347-3735
bschultz@eastmain.com
About Auryn
Auryn
Resources Inc. is a technically-driven, well-financed junior
exploration company focused on finding and advancing globally
significant precious and base metal deposits. Auryn built a
portfolio of six projects in Canada and Peru containing gold,
silver and copper resources and exploration targets. On July
29, 2020, Auryn announced its intention to spin out its
Peruvian assets into two new companies and acquire Eastmain,
creating a Canadian gold-focused exploration and development
company to be renamed as Fury Gold Mines Limited.
Auryn’s two flagship Canadian properties are the Committee
Bay gold project in Nunavut and Homestake gold project in British
Columbia for which an amended preliminary economic assessment was
filed effective June 24, 2020. Upon closing of
the Transaction, Fury Gold’s three core assets will
comprise of Eau Claire in Québec, Committee Bay and
Homestake Ridge. Auryn shareholders, invested prior to the
completion of the Transaction, will become shareholders of
Fury Gold and will also receive shares in the two
new Canadian spin out companies, one holding the Sombrero
copper-gold project, and the other holding both the Curibaya
silver-gold project and Huilacollo gold project. Auryn's technical
and management teams have an impressive track-record of
successfully monetizing assets for all stakeholders and local
communities in which it operates. Auryn conducts itself to the
highest standards of corporate governance and sustainability. For
more information on Auryn and the Transaction, please
visit www.aurynresources.com.
About Eastmain
Eastmain
is a Canadian exploration company operating in the Eeyou Istchee
emerging James Bay gold camp in Québec. Eastmain holds a
100%-interest in the Clearwater Property, host of the Eau Claire
Project, for which it issued a Preliminary Economic Assessment in
May 2018, and the Percival Discovery made in November 2018.
Eastmain is also the operator of the Éléonore South Joint
Venture, located immediately south of Newmont’s
Éléonore Mine, which hosts the Moni/Contact Trend
Discovery (2017).
Forward Looking Information and Additional Cautionary
Language
This
release includes certain statements that may be deemed
"forward-looking statements". Forward looking information is
information that includes implied future performance and/or
forecast information including information relating to or
associated with the Transaction, including the approval of the
Transaction at the Meetings and the benefits of the Transaction.
These statements involve known and unknown risks, uncertainties and
other factors which may cause actual results, performance or
achievements of the Company to be materially different (either
positively or negatively) from any future results, performance or
achievements expressed or implied by such forward-looking
statements. Readers should refer to the risks discussed in
Auryn’s Annual Information Form and MD&A for the year
ended December 31, 2019 and subsequent continuous disclosure
filings with the Canadian Securities Administrators available at
www.sedar.com and Auryn’s registration statement on Form 40-F
filed with the United States Securities and Exchange Commission and
available at www.sec.gov and
in Eastmain’s continuous disclosure filings available at
www.sedar.com.
The
Toronto Stock Exchange has not reviewed and does not accept
responsibility for the adequacy or accuracy of this
release.
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Auryn Resources Inc.
TSX: AUG NYSE American: AUG
www.aurynresources.com
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Eastmain Resources Inc.
TSX: ER
www.eastmain.com
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