Fury Gold Mines Ltd 6-K, filed Oct 9, 2020
Fury Gold Mines Ltd (FURY)
6-K
2020-10-09
For: 2020-10-09
View Original
Added on
April 10, 2026
About this 6-K
Fury Gold Mines Ltd filed this 6-K on October 9, 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 - Fury Gold Mines
Limited Now Launched
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.
|
|
AURYN RESOURCES INC.
|
|
|
|
|
|
|
|
|
Date: October 9,
2020
|
By:
|
/s/ Elizabeth
Senez
|
|
|
|
|
Elizabeth
Senez
|
|
|
|
|
Interim
Chief Financial Officer
|
|
Exhibit 99.1
Fury Gold Mines Limited Now Launched
Auryn Reorganization and Acquisition of Eastmain
Completed
Vancouver & Toronto, Canada – October 9, 2020
– Fury Gold Mines
Limited (TSX:FURY, NYSE American:FURY)(“Fury Gold” or
the “Company”) is pleased to announce completion
of the previously announced transaction resulting in Auryn
Resources Inc. (TSX:AUG and NYSE American: AUG) acquiring Eastmain
Resources Inc. (TSX:ER)(“Eastmain”) and forming Fury Gold.
Prior to the merger, Auryn spun out its Peruvian assets into two
new companies (the “Spincos”) and distributed the
shares to Auryn shareholders. Fury Gold has also now received the
net proceeds of the previously completed C$23 million subscription
receipt financing, which was conditional on the completion of the
Fury Gold transaction. Shares of Fury Gold are expected to commence
trading on the NYSE American on Monday, October 12, 2020 and on the
Toronto Stock Exchange on Tuesday, October 13, 2020 (due to the
Canadian Thanksgiving holiday). Shares of Auryn will continue to
trade until close of market on October 9, 2020. So long as Auryn
shares continue to be traded on the TSX under the AUG symbol, a
purchaser will be entitled to receive SpinCo shares on settlement
of the trade and a seller of AUG will not retain any entitlement to
SpinCo shares.
A Message from Ivan Bebek, Chair:
“We
would like to thank the shareholders and many people and firms that
made the creation of Fury possible. We are very excited about the
ambitious growth plans for the Company and are pleased with the
level of shareholder support for the transaction and for the board
of Fury Gold, which was demonstrated at our recent annual meeting.
We are pleased to reconfirm Mike Timmins as CEO and director of
Fury Gold and to welcome our other highly qualified new members to
the Fury Gold board.”
A Message from Mike Timmins, President & CEO:
“On
behalf of Fury Gold, I would like to thank the investors who had
the conviction and foresight to participate in our September
subscription receipt financing, which supported the launch of the
Company. It’s a pleasure to officially welcome Eastmain
shareholders to Fury Gold as we reposition them to participate in
the considerable growth and discovery potential we see in the
Company’s Canadian gold assets. I would also like to welcome
David Rivard to the technical team, he will play an important role
in the planning and execution of our exploration plans as the
Exploration Manager for Canada.
“I
look forward to the upcoming drill program at Eau Claire in Quebec,
engaging with our surrounding communities and staying connected
with our shareholders as we plan to ‘unleash the fury’
and embark on the next leg of significant value
creation.”
Eau Claire Drilling and Corporate Updates:
A
50,000-meter drill contract has been awarded to Groupe Roullier,
which is planned to start in early November. In the coming weeks,
Fury Gold also plans to provide a drill targeting update based on
the work completed over the summer, prior to the start of the drill
program.
In
addition, Fury Gold is pleased to add Saga Williams to the board of
directors of the Company. Ms. Williams, LLB has worked in
Indigenous communities for over 20 years in government and
corporate roles in the capacity of legal counsel, negotiations and
governance, and as a strategic advisor. Ms. Williams has been
on negotiation teams that have successfully settled over $1 billion
in agreements and has worked on Indigenous community engagement and
negotiations to support national energy and mining
projects. Ms. Williams teaches at Osgoode Hall Law School as
an Adjunct Professor and supports student led negotiations focusing
on consultation, Indigenous rights and reconciliation. Over the
last 25 years, she has also held many non-profit board
positions. Ms. Williams is Anishinaabe, a member of Curve Lake
First Nation and is currently an elected official for her
community.
Fury
Gold is also pleased to add David Rivard to the technical team as
Exploration Manager for Canada. Mr. Rivard is an exploration
geologist with over 20 years of mineral exploration experience,
mostly in Archean terrain. Mr. Rivard was previously a Senior
Exploration geologist with Newmont Corporation and was responsible
for overseeing exploration on Newmont’s Quebec-based assets,
including the Eleonore mine region. From 2013 to 2017 he was the
regional geologist for Eastmain and is therefore already familiar
with several of Fury’s James Bay gold projects. Mr. Rivard
was also Vice-President of Exploration for Beaufield Resources
between 2007 and 2013. Mr. Rivard holds a Bachelor of Science
Degree in Geology from the University of Quebec in Montreal and is
a professional geologist registered with the Ordre des Geologues du
Quebec. He was part of the exploration team responsible for the
discovery of the Eleonore Gold Deposit, Discovery of the year by
AEMQ (Quebec Mineral Exploration Association) in 2004. He was also
part of the geological team awarded Discovery of the year by AEMQ
in 2015 for the Eau Claire Gold Deposit.
Eastmain’s
former CFO, Joe Fazzini, will not be continuing with Fury Gold as
CFO, however, he will continue to work with the Company as a
consultant through this important planned integration phase.
Auryn’s Interim CFO, Elizabeth Senez, will continue with Fury
Gold as interim CFO.
Former
Auryn shareholders seeking information about the Peruvian SpinCos
can visit their temporary websites at www.sombreroresources.com and
www.tieronemetals.com.
ON
BEHALF OF THE BOARD OF DIRECTORS OF FURY GOLD MINES
LIMITED
Mike Timmins
President,
CEO & Director
For
further information on Fury Gold Mines Ltd., please contact Natasha
Frakes, Manager of Corporate Communications at (778)
729-0600, info@furygoldmines.com or
visit www.furygoldmines.com.
About Fury
Fury
Gold Mines Limited is a Canadian-focused exploration and
development company positioned in three prolific mining regions
across the country. Led by a management team and board of directors
with proven success in financing and developing mining assets, Fury
Gold will aggressively grow and advance its multi-million-ounce
gold platform through project development and potential new
discoveries. Fury Gold is committed to upholding the highest
industry standards for corporate governance, environmental
stewardship, community engagement and sustainable
mining.
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 the
growth plans and future results of Fury Gold and the spin-out
companies, and the timing and results of the drill program at Eau
Claire. 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 the Company’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 the Company’s
registration statement on Form 40-F filed with the United States
Securities and Exchange Commission and available at
www.sec.gov.
The
Toronto Stock Exchange has not reviewed and does not accept
responsibility for the adequacy or accuracy of this
release.