Sombrero Resources is pleased to announce that it has entered into a Share Purchase Option Agreement with Pembrook Copper Corp. to acquire its Peruvian subsidiary, Chukuyo Exploraciones, which owns the rights to the Takana copper-nickel district located in southeastern Peru. The Takana district is comprised of claims encompassing 50,300 hectares and has numerous high-grade copper-nickel occurrences. The claims are located [...]
Sombrero Resources Inc. is pleased to announce that the Company has filed an election with the Canada Revenue Agency to become a public corporation under the Income Tax Act (Canada). As a result, Sombrero’s common shares are now eligible investments for Canadian RRSP, TFSA and the other registered accounts described below. The election will be retroactively effective to a date prior to the October 9, 2020 transaction [...]
Fury Gold Mines Ltd. is pleased to announce completion of the previously announced transaction resulting in Auryn Resources Inc. acquiring Eastmain Resources Inc. and forming Fury Gold. Prior to the merger, Auryn spun out its Peruvian assets into two new companies and distributed the shares to Auryn shareholders. Fury Gold has also now received the net proceeds of the previously completed C$23 million subscription receipt [...]
Alturas Minerals Corp. and Auryn Resources Inc. are pleased to announce that Auryn's Peruvian subsidiary Sombrero Minerales S.A.C. has entered into an addendum to the original option agreement signed on June 28, 2016 in respect of Alturas' 100% owned, 4,600 ha, copper-gold Sombrero property mining concessions located 340 kilometers SE of Lima in southern Peru. Under the terms of the Original Agreement, Alturas had granted [...]
Auryn and Eastmain Resources are pleased to announce that they have entered into a definitive 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 The Transaction will create Fury Gold Mines Limited and two independent spin-out entities which will [...]
Auryn Resources Inc. is pleased to announce that it has received its environmental permit, the Declaración de Impacto Ambiental, from the Peruvian Ministry of Energy and Mines for its Sombrero copper-gold project in Southern Peru. The DIA covers an area of 1,031 hectares and allows the Company to drill up to 33 holes from 23 platforms on the Ccascabamba Sombrero Main target area, where Auryn has completed the [...]