MONTREAL and TORONTO, Feb. 26, 2025 (GLOBE NEWSWIRE) -- Fury Gold Mines Limited (TSX: FURY, NYSE American: FURY) (“Fury”) and Quebec Precious Metals Corporation (TSXV: QPM, FSE: YXEP, OTC-BB: CJCFF) (“QPM”) are pleased to announce that they have entered into an arrangement agreement on February 25, 2025 (the “Arrangement Agreement”), pursuant to which Fury has agreed to acquire all of the issued and outstanding common shares of QPM, in exchange for common shares of Fury by way of a plan of arrangement (the “Transaction”). The Transaction will create a combined company that consolidates a prospective gold and critical minerals exploration portfolio totalling over 157,000 hectares in Quebec. Further details of the Transaction are outlined below.
TORONTO, ON / ACCESSWIRE / September 9, 2024 / Fury Gold Mines Limited (TSX:FURY)(NYSE American:FURY) ("Fury" or the "Company") is pleased to announce results from the 2024 core drilling program at the greenfield Serendipity Prospect on its wholly owned Eau Claire project in the Eeyou Istchee Territory in the James Bay region of Quebec. The Serendipity Prospect lies within the same prospective geological setting as the Company's Percival Deposit.
VANCOUVER, BC / ACCESSWIRE / June 28, 2024 / Fury Gold Mines Limited (TSX:FURY) and (NYSE American:FURY) ("Fury" or the "Company") is pleased to announce that, further to the Company's news release dated May 14, 2024, it has filed on SEDAR+ an independently prepared National Instrument 43-101 - Standards of Disclosure for Mineral Projects ("NI 43-101") resource update technical report (the "Report") on its 100% owned Eau Claire project located in the Eeyou Istchee Territory of the James Bay region of Quebec. Highlights of the Report include: Addition of 307koz Au in the Measured and Indicated category (a 36.0% increase) and 223koz Au in the Inferred category (a 44.6% increase).
VANCOUVER, BC / ACCESSWIRE / June 19, 2024 / Fury Gold Mines Limited (TSX:FURY)(NYSE American:FURY) ("Fury" or the "Company") announces that a drill has been mobilized to the greenfield Serendipity Prospect on its wholly owned Eau Claire project in the Eeyou Istchee Territory in the James Bay region of Quebec. The Serendipity Prospect lies within the same prospective geological setting as the Company's Percival deposit.
NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES VANCOUVER, BC / ACCESSWIRE / June 13, 2024 / Fury Gold Mines Limited (TSX:FURY)(NYSE American:FURY) ("Fury" or the "Company") is pleased to announce that it has closed its previously announced brokered private placement of 5,320,000 common shares of the Company that qualify as "flow-through shares" as defined under subsection 66(15) of the Income Tax Act (Canada) and section 359.1 of the Taxation Act (Québec) (the "FT Shares") at a price of C$0.94 per FT Share (the "Issue Price") for total gross proceeds to the Company of C$5,000,800 (the "Offering"). The Offering was conducted by a syndicate of agents led by Haywood Securities Inc. and including BMO Capital Markets, H.C.
NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES VANCOUVER, British Columbia, May 23, 2024 (GLOBE NEWSWIRE) -- FURY GOLD MINES LIMITED (TSX: FURY, NYSE American: FURY) (“Fury” or the “Company”) is pleased to announce that it has entered into an agreement with Haywood Securities Inc., on behalf of itself and a syndicate of agents to be formed (collectively, the “Agents”) pursuant to which the Agents have agreed to sell, on a commercially reasonable efforts agency basis, up to 5,320,000 common shares of the Company that will qualify as “flow-through shares” within the meaning of subsection 66(15) of the Income Tax Act (Canada) and section 359.1 of the Taxation Act (Québec) (the “FT Shares”) at a price of C$0.94 per FT Share (the “Issue Price”) to be sold on a charitable flow-through basis, for total gross proceeds to the Company of C$5,000,800 (the “Offering”). In addition, the Company has agreed to grant to the Agents an over-allotment option (the “Over-Allotment Option”) exercisable, in whole or in part, at the sole discretion of the Agents, to purchase up to an additional 798,000 FT Shares (representing 15% of the total number of FT Shares comprising the Offering) at the Issue Price, for a period of up to 48 hours prior to closing of the Offering.