Homestake Resource entered into a Loan Agreement with Auryn Resources Ltd. dated May 10, 2016 which provided for the loan of $150,000 to fund the purchase of a NSR from Teck Resources Ltd., on its Homestake Ridge Property (see news release dated May 13, 2016) as to $100,000 and as to $50,000 to fund expenses towards negotiating and executing an Arrangement agreement with Auryn (see news release dated June 14, 2016
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