AURYN Mining Corp. (AUMC)

[Hurricane_Rick]

I believe this new development points in the direction of a reverse merger of Auryn into CDCH as the quickest, easiest and least expensive route for Auryn going public.

Here is an opinion from a knowledgeable poster on another thread:

I think it's a notch above wishful thinking and this outcome wouldn't be a panacea for CDCH shareholders but more of a structurally fluid way of consolidating the AMC ownership. MDMN shareholders aren't going to receive AMC shares until the share count in resolved. CDCH is pretty well sorted (even though I would argue that Chapin, JJ, and Les' shares should be retired). So, AMC could use the CDCH shell, dilute existing shareholders by 95% (b/c we own 5%) and then issue shares to MDMN holders once they've sorted things out.

The fact that Cerro and Medinah now share the same board members and Auryn granted the same 0% loan on the cash call to Cerro that they did to MDMN even though they aren't significant shareholders in CDCH, I think is a clear indication of Auryn moving in the direction of reverse merging into Cerro.