Bullboard - Stock Discussion Forum Fury Gold Mines Ltd FURY

Primary Symbol: T.FURY

Metals & Mining Gold

Fury Gold Mines Limited is a Canada-based exploration company. The Company's principal business activity is the acquisition and exploration of resource projects in Canada. It owns a 100% interest in the high-grade gold Eau Claire project, which is situated on over 24,000 hectares (ha) in the Eeyou-Istchee/James Bay region of Quebec. The Eau Claire project is located approximately 800 kilometers... see more

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TSX:FURY - Post Discussion

Fury Gold Mines Ltd > Fury Completes C$11,000,000 Private Placement

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Post by hallidas1 on Apr 19, 2022 7:28am

Fury Completes C$11,000,000 Private Placement

T.FURY | 27 minutes ago

VANCOUVER, BC / ACCESSWIRE / April 19, 2022 / Fury Gold Mines Limited (TSX:FURY)(NYSE American:FURY) ("Fury" or the "Company") announces that the Company has closed the private placement announced on April 12, 2022 (the "Private Placement").

The Company issued 13.75 million common shares of the Company at a price of $0.80 for proceeds of C$11.0 million. Proceeds from the Private Placement will be used to fund continued exploration at the Company's Eau Claire project in Quebec and for general working capital.

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Comment by montydog on Apr 19, 2022 8:58am

$16m in the treasury + $60m in marketable securities + they're halfway through their 2nd hole. (Ivan tweet just now). Outlook has never looked better, IMO....

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Fury Gold Mines Ltd