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Dienstag, 10. Januar 2017

Goldcorp beteiligt sich bei Explorer Auryn Resources

Starke Nachrichten hat Explorer Auryn Resources (T.AUG) gestern vermeldet. Seniorproduzent Goldcorp (GG) steigt bei der ambitionierten Juniorfirma ein und investiert 35 Mio. CAD mittels einer strategischen Aktienplatzierung. Das frische Kapital wird für signifikante Explorationsprogramme auf 6 aussichtsreichen Goldprojekten verwendet..

Auryn Resources to receive investment from Goldcorp

2017-01-09 09:10 ET - News Release

Auryn Resources Inc. has entered into an investment agreement with Goldcorp Inc. for a strategic equity placement whereby Goldcorp will purchase directly and indirectly in two tranches 9,542,402 common shares of Auryn for $3.67 per share. After giving effect to the placement, Goldcorp will own 12.5 per cent of Auryn's outstanding common shares.

In addition, Auryn and Goldcorp have entered into an investor rights and obligations agreement whereby, as long as Goldcorp maintains a 5-per-cent or greater equity ownership interest in Auryn:
  • Goldcorp will have the right to participate in future Auryn equity issues in the amount necessary to maintain up to a 12.5-per-cent interest.
  • Goldcorp will have a right to match certain non-equity financings.
  • If Goldcorp chooses to sell more than 2 per cent of Auryn's shares, Auryn will have the right to designate buyers, and Goldcorp will vote its shares to elect the Auryn recommended director nominees. 
An aggregate of 4,590,818 common shares will be issued to third party investors through a brokered private placement offering conducted by a syndicate of agents led by Beacon Securities Ltd. as flow-through shares at a price of $5.01 per flow-through share, the terms of which provide that Auryn will renounce the income tax benefits of the Canadian exploration expense related to the expenditure of the proceeds of those shares to those third party investors. Accordingly, gross proceeds to be received by Auryn will be $41,158,911.46, consisting of $18,172,313.28 in direct share subscriptions and $22,999,998.19 in flow-through dollars through third parties. Goldcorp's cost of the 9,542,402 common shares will be $35,020,615.34.

Shawn Wallace, president and chief executive officer, commented that: "We are very pleased to have secured an important investment with an industry leader such as Goldcorp on favourable terms that minimizes dilution to our shareholders. Auryn is now fully funded to complete one of the most extensive, globally significant exploration programs in 2017. The program will include a planned 55,000 metres of exploration drilling across six projects in Canada and Peru, and expect to make a number of advances that could potentially contribute to the realization of multiple major gold discoveries.."



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