Fury Gold Mines Limited announced that it has received CAD 3.07977 million in funding

Published: 2025-06-20 13:35:54 ET FURY.TO

Published on 06/20/2025 at 13:35

On June 20, 2025, Fury Gold Mines Limited closed the transaction. The company announced that it has issued 3,999,701 common shares of the Company that qualify as ?flow-through shares? within the meaning of subsection 66(15) of the Income Tax Act (Canada) (?FT Shares?) at a price of CAD 0.77 per FT Share for total gross proceeds of CAD 3,079,800.

One director of the Company purchased 52,000 FT Shares. The Private Placement, together with the Offering, resulted in the Company raising aggregate gross proceeds of C$3,374,600. The proceeds from the Private Placement will be used to advance the Company?s Committee Bay exploration program.