Vancouver, British Columbia – February 26th, 2015 – Auryn Resources Inc. (TSX-V: AUG, “Auryn” or the “Company”), is pleased to announce that they have appointed Ivan Bebek as the Chairman of the Board of Directors and Dr. Dan McCoy as a Director of the Company.
Mr. Bebek, who is currently a director of the Company, has over 15 years experience as an entrepreneur and financier in the mining industry. Ivan was most recently the President, CEO and co-founder of Cayden Resources Inc. which was sold to Agnico Eagle Mines Limited for $205 million in November 2014. He was also as a co-founder of Keegan Resources (now Asanko Gold Inc.) which is currently advancing the Asanko Mine to production in Ghana, West Africa.
Dr. McCoy obtained his Ph.D from at the University of Alaska and has worked extensively exploring major gold districts across the Americas and Africa for over 30 years. Dr. McCoy was previously the President and CEO of Keegan Resources (now Asanko Gold), where he led the exploration team that discovered the Esaase Gold deposit and was the Chief Geologist at Cayden Resources responsible for the acquisition and development of the El Barque̱o Gold Project in Mexico.
Shawn Wallace, President and CEO, commented: “Mr. Bebek’s and Dr. McCoy’s appointments come at an exciting time for the Company as we complete our first acquisition of a large scale, high quality gold asset, the Committee Bay Project in Nunavut. The fact the three of us have worked extensively together over the last ten years will make the changes seamless and accretive”
On Behalf of the Board
Shawn Wallace President
CEO and Director
About Auryn Resources: Auryn Resources is a junior mining exploration company focused on delivering shareholder value through project acquisition and development. The Company’s management team is highly experienced with an impressive track record of success in the discovery, development, financing and monetizing of mining assets for shareholders.
Forward Looking Information
This release includes certain statements that may be deemed “forward-looking statements”. Forward-looking information is information that includes implied future performance and/or forecast information including information relating to, or associated with, exploration and or development of mineral properties. These statements or graphical information involve known and unknown risks, uncertainties and other factors which may cause actual results, performance or achievements of the Company to be materially different (either positively or negatively) from any future results, performance or achievements expressed or implied by such forward-looking statements.
The TSX Venture Exchange Inc. has in no way passed upon the merits of the proposed transaction and has neither approved nor disapproved the contents of this news release.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.