TSX:FURY - Post Discussion
Post by
Betteryear2 on Mar 03, 2024 4:23pm
Fury Obtains 100% Interest in ELEONORE SOUTH GOLD PROJECT
Fury Gold and certain affiliates of Newmont have entered into an agreement whereby Fury will purchase Newmont’s 49.978% interest in Eleonore South Gold Project for C$3M. As part of the consolidation of Eleonore South, Fury has also agreed to purchase Newmont’s 30,392,372 shares of Sirios Resources Inc. for C$1.3M. The Sirios shares will be acquired for investment purposes and Fury will evaluate its investment in Sirios on an ongoing basis with respect to any possible additional purchases or dispositions. Completion of the purchase is subject to certain conditions precedent and is expected to close in late February or early March 2024.
Fury Obtains 100% Interest in LONORE SOUTH GOLD PROJECT Next to Newmont’s Gold Mine (215k AuOz/yr) (youtube.com)
Be the first to comment on this post