 VANCOUVER, BC ACCESSWIRE February 6, 2020 Auryn Resources Inc. AUGNYSE American:AUG Auryn or the Company is pleased to announce that it has closed its previously announced non-brokered private placement for gross proceeds of CAD10.1 million which consisted of the issuance of 6,312,500 common shares the Shares priced at CAD1.60 per Share the Offering. Concurrent with the closing of the Offering, the Company completed the amendment to its September 2019 bridge loan the Loan Amendment. The Loan Amendment allows the lender to convert the 3 million of principal that has been advanced to-date, and 123,334 of interest that has accrued to-date, into common shares at the placement price of 1.60, allowing for the issuance of up to 1,952,084 common shares on conversion. 