Champion Iron Limited press release
Auryn Resources Inc. Closes Non-brokered Private Placement for $2.2 Million
TSX - Toronto Stock Exchange · Iron · Aluminium · Manganese · Copper · Zinc · Australia
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VANCOUVER, Nov. 8, 2013/CNW/ - Auryn Resources Inc.(TSXV: AUG) ("Auryn" or the "Company"), is pleased to announce that it has successfully closed a non-brokered private placement for $2,196,500, previously announced on September 26, 2013. The placement consisted of 4,393,000 common shares of the Company at a price of CAD $0.50per share (the "Offering"). The shares sold under the Offering are subject to a four-month hold period in Canada.
The Company paid a commission on certain placements within the Offering totaling $16,800. The net proceeds of the Offering will be used by the Company to pursue mineral property acquisitions in Eurasia.
On Behalf of the Board "Shawn Wallace"
Shawn Wallace President, CEO and Director
_Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release._
SOURCE Auryn Resources Inc.
Shawn Wallace President, CEO and Director Phone: 778.729.0600
Copyright CNW Group 2013