13 March 2018
Auryn Resources Inc. announces that it has entered into an agreement dated March 13, 2018 with Cantor Fitzgerald Canada Corporation, as bookrunner and lead underwriter, on behalf of itself and a syndicate of underwriters to purchase, on a bought deal basis, 5,230,770 common shares of the Company at the price of US$1.30 per Offered Share for aggregate gross proceeds of approximately US$6.8 million. In addition, the Company plans to complete a concurrent private placement of flow-through common shares for proceeds of up to US$1.7 million.