25 September 2020
Auryn Resources Inc. is pleased to announce that Institutional Shareholder Services Inc. (“ISS”) has recommended that Auryn shareholders (the “Shareholders”) vote in favour of all proposed resolutions related to the reorganization of the Company (the “Reorganization Arrangement”), the acquisition of Eastmain Resources (“Eastmain”) (the “Eastmain Acquisition”) and the recently closed bought-deal subscription receipts financing (the “Financing”), collectively the transactions (the “Transactions”), at the upcoming special meeting on October 5, 2020 (the “Meeting”). The Transactions will result in the creation of Fury Gold Mines Limited (“Fury Gold”), a well-financed, Canadian-focused gold exploration and development company that combines Auryn’s Canadian projects with Eastmain’s operations, and two new independent companies holding Auryn’s Peruvian assets, shares of which will be distributed to Auryn shareholders. Proxy voting of about a third of issued shares to-date has demonstrated exceedingly positive shareholder support for the Transactions.