Fury Gold Mines Expands Private Placement to C$3.08 Million

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TORONTO, June 06, 2025 (GLOBE NEWSWIRE) — Fury Gold Mines Limited (TSX and NYSE American: FURY) (“Fury” or the “Company”) announces that the proposed private placement offering announced June 5, 2025 has been increased from C$2,500,000 to C$3,080,000. Fury now intends to privately place with a small group of accredited and institutional investors in Canada a total of 4,000,000 flow-through common shares (the “Shares”) of the Company, at a price of C$0.77 per Share for total gross proceeds of C$3,080,000 (the “Offering”). This offering figure could increase by up to approximately 15.4% if a strategic investor elects to exercise its pre-emptive participation rights disclosed in a May 27, 2025 news release.

The Offering is expected to close on or about June 19, 2025 (the “Closing Date”), subject to execution…