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Stock impact report

Fury Announces C$5 Million Financing [Financial Post (Toronto, Ontario, Canada)]

Fury Gold Mines Limited Common Shares (FURY) 
Company Research Source: Financial Post
NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES VANCOUVER, British Columbia, May 23, 2024 (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 agents to be formed (collectively, the “Agents”) pursuant to which the Agents have agreed to sell, on a commercially reasonable efforts agency basis, up to 5,320,000 common shares of the Company that will qualify as “flow-through shares” within the meaning of subsection 66(15) of the Income Tax Act (Canada) and section 359.1 of the Taxation Act (Québec) (the “FT Shares”) at a price of C$0.94 per FT Share (the “Issue Price”) to be sold on a charitable flow-through basis, for total gross proceeds to the Company of C$5,000,800 (the “Offering”). Article content Article content In addition, the Company has agreed to Show less Read more
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