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In this interview, co-hosted by Kerry Lutz of the Financial Survival Network and Bill Powers of Mining Stock Education, Auryn Resources\u2019 executive chairman Ivan Bebek explains the transformative merger with Eastmain Resources. This merger was announced on July 29th and will result in a new company Fury Gold Mines. Fury Gold Mines will seek to advance its several gold projects with initial emphasis given to Eastmain\u2019s Eau Claire high-grade gold project. The stated goal is to have Fury Gold develop into a Canada-focused, growth-oriented producer. As part of this transaction, Auryn will spin-out its Peruvian assets into two separate companies. One spinco will hold the Sombrero copper projects while the other will hold the silver and gold projects including the flagship Curibaya silver project. Regarding the three companies resulting from this transaction, Ivan shared: \u201cwe want to deliver $10-20 share prices per asset [company].\u201d

0:00 Introduction
1:12 Why merge with Eastmain Resources in addition to spincos?
4:49 How soon could Fury Gold Mines see cashflow?
7:08 Fury Gold Mines CEO Michael Timmins
9:57 Meaning of the name \u201cFury\u201d?
10:26 Ivan Bebek will be the chairman of Fury Gold Mines
11:01 What\u2019s most likely to go wrong?
11:48 Arbitrage opportunity in Eastmain shares
13:13 Spincos clear branding coming
14:58 Burn rate will decrease
15:39 More M&A to come?
18:16 We want to deliver $10-20 share price per company
22:43 Ivan\u2019s role in spinco companies
27:23 Buy AUG before record date in order to get spinco shares

Ticker: AUG
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