Mr. Ivan Bebek reports
AURYN COMPLETES FORM 40-F FILING
Auryn Resources Inc. has filed its 2019 annual report on Form 40-F with the United States Securities and Exchange Commission. The Form 40-F includes Auryn's annual information form, management discussion and analysis, and audited financial statements for the year ended Dec. 31, 2019. As required by Section 610(b) of the NYSE American Company Guide, the company notes that the audit report from its independent registered public accounting firm included a going concern emphasis of matter that was attributable to the company's working capital and accumulated deficits as at Dec. 31, 2019. The working capital deficit has been addressed subsequent to Dec. 31, 2019, through the completion of the company's $15-million private placement of common shares, as disclosed in the company's Feb. 6 and Feb. 27, 2020, news releases, which has placed the company in a strong balance sheet position with positive working capital.
About Auryn Resources Inc.
Auryn Resources is a technology-driven junior exploration company focused on finding and advancing globally significant precious- and base-metal deposits. The company has a portfolio approach to asset acquisition and has six projects, including two flagships: the Committee Bay high-grade gold project in Nunavut and the Sombrero copper-gold project in southern Peru.
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