Data source: S&P Global Market Intelligence
24th March 2018
Auryn Resources Inc. raised US$9.8 million to fund gold exploration in Canada and Peru.
Auryn sold 6,015,385 common shares at US$1.30 a share netting US$7.8 million in a bought deal financing, including a fully subscribed over-allotment, and also raised US$2 million in a financing with Goldcorp Inc., which maintained its 12.5% stake in the junior explorer by buying 1,091,826 flow-through shares priced at US$1.82 each.
Auryn announced the financing Mar. 13.
To that end Auryn said it plans to outline detailed exploration plans in the near future.