GREY:AUGMF - Post by User
Comment by
GoldenOrbon Aug 10, 2020 5:17pm
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Post# 31389660
RE:RE:RE:Listing Questions
RE:RE:RE:Listing QuestionsPeru companies to remain reporting issuers and resume trading at later date.
Auryn’s Peruvian assets will be spun out to existing Auryn shareholders and independently managed by Auryn’s current management during interim period; SpinCos to apply for future Canadian and US listings.
The spinco assets remain as register entities , simply "managed" by the Auryn team until January/February. That's Prior to any drill turning & results.
It does push where I wanted Auryn to be > a couple months ahead but steady PRs will be a continuous stream starting in the 3rd/4th Qtrs of 2020 to establish high premiums per spinco, you can bet on that. Ivan has as much/more skin in the game on all three projects. Lots of new info on new findings at Sombrero concessions and the camp is built at Curibaya(also the Huilacollo concession is included in the Curibaya spinco). Lots of very interesting PRs are coming out of the spincos to enhance avid interest, i.e. like Ccello to the south, Malpoc & 3 or 4 other stand alones if proven ore grade (looking very promising).