TORONTO, Canada, July 09, 2025 (GLOBE NEWSWIRE) -- Fury Gold Mines Limited (TSX and NYSE American: FURY) (“Fury” or the “Company”) is pleased to announce drill results from the maiden drill program, totaling 825 metres (m) in 5 holes, on its Ninaaskumuwin lithium discovery at the Elmer East project located in the Eeyou Istchee James Bay region of Quebec (Figure 1). The drilling targeted a spodumene-bearing pegmatite outcrop, which returned surface samples of up to 3.92% Li2O. Highlights from the drill camp ...

Core Points - Fury Gold Mines Limited held its Annual General Meeting on June 26, 2025, where all director nominees were elected to serve until the next annual general meeting [1] - A total of 61,696,271 common shares were represented at the meeting, accounting for 38.48% of the outstanding shares [2] Group 1: Election of Directors - All nominees for election as directors were successfully elected, with the following vote results: - Forrester A. Clark received 37,627,890 votes (82.34% for, 17.66% withheld) - Brian Christie received 36,303,467 votes (79.34% for, 20.66% withheld) - Steve Cook received 44,548,623 votes (97.45% for, 2.55% withheld) - Michael Hoffman received 36,343,467 votes (79.50% for, 20.50% withheld) - Alison Sagateh (Saga) Williams received 36,292,404 votes (79.39% for, 20.61% withheld) [3] Group 2: Appointment of Auditor - Deloitte LLP was appointed as the Company's auditor, with 58,860,985 votes in favor (95.40% for, 4.60% withheld) [4] Group 3: Company Overview - Fury Gold Mines Limited is a Canadian-focused exploration company with a strong financial position, operating in two prolific mining regions and holding an 11.8 million common share position in Dolly Varden Silver Corp, representing approximately 13.9% of issued shares [5] - The company aims to grow its multi-million-ounce gold platform through rigorous project evaluation and exploration excellence, while maintaining high standards in corporate governance, environmental stewardship, community engagement, and sustainable mining [5]

TORONTO, June 20, 2025 (GLOBE NEWSWIRE) -- Fury Gold Mines Limited (TSX and NYSE American: FURY) (“Fury” or the “Company”) is pleased to announce that, further to its previous announcement (see news release dated June 5, 2025), it has closed a private placement of 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 C$0.77 per FT Share for total gross proceeds of C$3,079,800 (the “Offer ...

Group 1 - Fury Gold Mines Limited has increased its proposed private placement offering from C$2,500,000 to C$3,080,000, intending to place 4,000,000 flow-through common shares at a price of C$0.77 per share [1] - The offering is expected to close on or about June 19, 2025, subject to customary closing conditions and necessary approvals from the Toronto Stock Exchange and NYSE American [2] - The offering may increase by approximately 15.4% if a strategic investor exercises its pre-emptive participation rights [1] Group 2 - Fury Gold Mines Limited is a Canadian-focused exploration company with a significant position in Dolly Varden Silver Corp, holding approximately 14.5% of issued shares [4] - The company aims to grow its multi-million-ounce gold platform through rigorous project evaluation and exploration excellence, led by a management team with proven success [4] - Fury is committed to high standards in corporate governance, environmental stewardship, community engagement, and sustainable mining practices [4]

Core Viewpoint - Fury Gold Mines Limited is initiating a private placement of up to 3,246,753 common shares at a price of C$0.77 per share, aiming to raise total gross proceeds of C$2,500,000 to fund eligible Canadian exploration expenses [1][2]. Group 1: Offering Details - The shares will qualify as "flow-through shares" under Canadian tax law, allowing the company to incur eligible exploration expenses in Québec and Nunavut [2]. - The offering is expected to close around June 19, 2025, pending necessary approvals and subscription agreements [3]. - The company may pay finder's fees of up to 6% from its working capital for assistance with the financing [3]. Group 2: Company Overview - Fury Gold Mines Limited is a Canadian-focused exploration company with a significant position in Dolly Varden Silver Corp, holding approximately 14.5% of issued shares [5]. - The company aims to grow its gold platform through rigorous project evaluation and exploration excellence, adhering to high standards of corporate governance and sustainable mining practices [5].

The Meeting will be held on Thursday, June 26, 2025, at 11:00 a.m. (Toronto time) in a virtual-only format. The Meeting Materials are being mailed to Shareholders to provide information about the election of directors and appointment of auditors, detailed instructions about how to vote shares, and how to attend on-line and participate at the Meeting. The Company encourages Shareholders to review the Meeting Materials before voting their shares. The Board of Directors of Fury unanimously recommends that Shar ...

TORONTO, May 27, 2025 (GLOBE NEWSWIRE) -- Fury Gold Mines Limited (TSX and NYSE American: FURY) ("Fury" or the "Company") announces that it has entered into a subscription agreement with Agnico Eagle Mines Limited ("Agnico Eagle") pursuant to which Agnico Eagle has acquired, on a non-brokered private placement basis, 6,728,000 units in the capital of the Company ("Units") at C$0.64 per Unit for gross proceeds of C$4,305,920 (the "Private Placement"). Each Unit consists of one common share of Fury ("Share(s) ...

Exhibit 99.1 CONDENSED INTERIM CONSOLIDATED FINANCIAL STATEMENTS (Unaudited) FOR THE THREE MONTHS ENDED MARCH 31, 2025 Fury Gold Mines Limited Condensed Interim Consolidated Statements of Financial Position (Expressed in thousands of Canadian dollars - Unaudited) | | | | At March 31 | | At December 31 | | --- | --- | --- | --- | --- | --- | | | Note | | 2025 | | 2024 | | Assets | | | | | | | Current assets: | | | | | | | Cash | | $ | 2,316 | $ | 4,912 | | Marketable securities | 4 | | 2,420 | | 2,358 | | Ot ...

MONTREAL and TORONTO, April 28, 2025 (GLOBE NEWSWIRE) -- FURY GOLD MINES LIMITED (TSX: FURY, NYSE American: FURY) ("Fury") is pleased to announce the successful completion of its previously announced transaction with Québec Precious Metals Corporation ("QPM"), previously announced on February 26, 2025, whereby Fury acquired all of the issued and outstanding common shares of QPM (the "QPM Shares") pursuant to a court-approved plan of arrangement under the Canada Business Corporations Act (the "Arrangement"). ...

Core Viewpoint - Fury Gold Mines Limited has successfully obtained overwhelming shareholder approval for its acquisition of Quebec Precious Metals Corporation, indicating strong support for the transaction and potential growth opportunities for both companies [1][4]. Group 1: Transaction Details - The Arrangement involves Fury Gold acquiring all issued and outstanding QPM Shares at a ratio of 0.0741 Fury Gold Shares for each QPM Share, valuing each QPM Share at approximately C$0.04 based on the 20-day volume weighted average price [1]. - A total of 50,449,020 QPM Shares were represented at the special meeting, constituting 48.67% of the total issued shares, which met the quorum requirement [2]. - The Arrangement Resolution required at least two-thirds (66⅔%) approval from the votes cast, and it received 88.72% support from the shareholders present [3][4]. Group 2: Next Steps and Regulatory Approval - QPM plans to seek a final court order to approve the Arrangement on April 25, 2025, with the transaction expected to close around April 28, 2025, pending customary closing conditions [5]. - Following the completion of the Arrangement, QPM Shares are anticipated to be delisted from the TSXV and the Frankfurt Stock Exchange [5]. Group 3: Company Profiles - Fury Gold Mines Limited is focused on exploration in Canada, holding a significant position in Dolly Varden Silver Corp and aiming to expand its gold platform through rigorous project evaluation [6]. - Quebec Precious Metals Corporation has a substantial land position in the Eeyou Istchee James Bay territory and is advancing its Sakami gold project and a lithium showing on the Elmer East project [7].