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Stock impact report

Fury Gold Mines Limited to Acquire Quebec Precious Metals Corporation [Yahoo! Finance]

Fury Gold Mines Limited Common Shares (FURY) 
Company Research Source: Yahoo! Finance
Precious Metals Corporation (TSXV:QPM)(FSE:YXEP)(OTCQB: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. Transaction Highlights: Deliver increased scale and enhanced diversification with the addition of several prospective gold and critical minerals exploration assets located in Quebec. Provide synergy and cost savings with Fury's board and management team with a track record of capital raising, discovery, exploration success, and community engagement leading the combined c Show less Read more
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