Fury Announces C$7 Million Financing NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES
VANCOUVER, British Columbia, March 02, 2023 (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 underwriters to be formed (collectively, the “Underwriters”) pursuant to which the Underwriters have agreed to purchase, on a bought deal private placement basis, 4,865,000 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 (Qubec) (the “FT Shares”) at a price of C$1.44 per FT Share (the “Issue Price”) to be sold on a charitable flow-through basis, representing total gross proceeds to the Company of C$7,005,600 (the “Offering”).
Fury Announces C$7 Million Financing (globenewswire.com)