EASTMAIN RESOURCES EANRF overview

Auryn Resources Inc. (TSX: AUG, NYSE American: AUG) (“ Auryn ”) and Eastmain Resources Inc. (TSX: ER) (“ Eastmain ”) jointly announce that today they received final orders from the British Columbia Supreme Court and the Ontario Superior Court of Justice, respectively, to implement the previously announced plans of arrangement (the “ Transaction ”). Pursuant to the Transaction, Auryn will acquire Eastmain after spinning out its Peruvian assets into two new companies and distributing...

Auryn Resources Inc. (TSX: AUG, NYSE American: AUG) (“ Auryn ”) and Eastmain Resources Inc. (TSX: ER) (“ Eastmain ”) are pleased to jointly announce that securityholders of both companies voted today at special meetings to approve their respective plans of arrangement pursuant to which Auryn will spin out its Peruvian assets and immediately thereafter acquire Eastmain (the “ Transaction ”). Voting support for the Transaction was in excess of 99 % of the securities voted for each...

Auryn Resources Inc. (TSX: AUG, NYSE American: AUG) (“ Auryn ”) and Eastmain Resources Inc. (TSX: ER) (“ Eastmain ”) are pleased to jointly announce that proxy voting has concluded with support from shareholders of both companies in excess of 99 % for the previously announced transactions pursuant to which Auryn spins out its Peruvian assets and immediately acquires Eastmain (the “ Transaction ”). No shareholders of either company exercised dissent rights in respect of the...

Eastmain Resources Inc. (“Eastmain” or the “Company” - TSX:ER, OTCQX:EANRF) a gold exploration and development company based in Eeyou Istchee James Bay, Quebec, is pleased to announce it has begun a Gradient Array Induced Polarization (“Gradient Array”) survey at its Eau Claire Project, on the 100%-owned Clearwater Property in Eeyou Istchee, James Bay, Quebec ( FIGURE 1 ). The Gradient Array survey results will be utilized in the planned 50,000 m drilling program expected to begin in...

Auryn Resources Inc. (TSX: AUG, NYSE American: AUG) (“ Auryn ” or the “ Company ”) and Eastmain Resources Inc. (TSX: ER) (“ Eastmain ”) are pleased to jointly announce that Auryn has today completed the equity financing announced August 31, 2020 by raising C$23 million through the issuance of 7,750,000 subscription receipts (the “ Subscription Receipts ”). The bought-deal financing was co-led by Canaccord Genuity Corp. and Beacon Securities Limited. The Subscription Receipts will...

Eastmain Resources Inc. (“Eastmain” or the “Company” - TSX:ER, OTCQB: EANRF) , is pleased to announce that Institutional Shareholder Services (“ ISS ”), an independent proxy advisory firm who provides voting recommendations to institutional shareholders has recommended that Eastmain shareholders (the " Shareholders ") vote FOR the proposed special resolution (the “ Arrangement Resolution ”) at the upcoming special meeting (the “ Meeting ”) of Eastmain securityholders (the “...

Auryn Resources Inc. (TSX: AUG, NYSE American: AUG) (“ Auryn” or the “Company” ) and Eastmain Resources Inc. (TSX: ER) (“ Eastmain ”) are pleased to jointly announce that Auryn has entered into an agreement with a syndicate of underwriters co-led by Canaccord Genuity Corp. and Beacon Securities Limited in connection with a bought deal private placement financing (the " Bought Deal Offering ") of an aggregate of 7,500,000 subscription receipts of the Company (the " Subscription...

Auryn Resources Inc. (TSX: AUG, NYSE American: AUG) (“ Auryn” ) and Eastmain Resources Inc. (TSX: ER) (“ Eastmain ”) are pleased to announce that they have entered into a definitive agreement (the “ Agreement ”) pursuant to which Auryn will acquire all of the issued and outstanding shares of Eastmain, immediately following a spin out of Auryn’s Peruvian projects to Auryn shareholders and completion of a concurrent financing (collectively, the “ Transaction ”). The Transaction...