Fury Announces Closing of Financing

Core Viewpoint - Fury Gold Mines Limited has successfully closed a private placement and offering, raising a total of C$3,374,600 to advance its exploration programs in Quebec and Nunavut [1][2][3] Group 1: Offering Details - The company closed a private placement of 3,999,701 flow-through shares at C$0.77 per share, generating gross proceeds of C$3,079,800 [1] - Agnico Eagle Mines Limited acquired 440,000 common shares at C$0.67 per share, contributing an additional C$294,800 to the total proceeds [2] - The combined gross proceeds from both the offering and private placement amount to C$3,374,600 [2] Group 2: Use of Proceeds - Proceeds from the financing will be utilized to advance the Committee Bay exploration program and other exploration opportunities [2][3] - The company aims to drive potential discoveries across its mineral exploration portfolio with the raised funds [3] Group 3: 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 is led by a management team with a proven track record in financing and advancing exploration assets [5] - Fury is committed to high standards in corporate governance, environmental stewardship, community engagement, and sustainable mining practices [5]