Mining News: Northern Neighbors: Auryn agrees to buy Homestake, gain B.C. gold project

June 17, 2016

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Auryn Resources Inc. June 13 said it has entered into a binding arrangement to acquire Homestake Resource Corp. in an all-share arrangement valued at C$8.9 million. Under the arrangement, Homestake shareholders would receive one Auryn share for each 17 Homestake common shares held. As of June 13, Au…

Category: Oil & Gas