Auryn Resources completes brokered private placement offering raising gross proceeds of approximately US$23 million

On January 24, 2017, Auryn Resources Inc., a junior mining exploration company, completed its private placement offering of 4,590,818 flow through common shares (the “Flow-Through Shares”), issued at a price of C$5.01 per Flow-Through Share, for aggregated gross proceeds of $22,999,998.18 (the “Offering”). The Offering was conducted by a syndicate of agents led by Beacon Securities Limited and including Echelon Wealth Partners Inc., Haywood Securities Inc., and PI Financial Corp. (the “Agents”). The Agents were advised by a team of Fasken Martineau lawyers that included John Sabetti, Jesse Bertollo, Justine Connors and Valerie Eisen, with the assistance from students-at-law Kai C. Kramer and Laura Konkel.