Fury Completes Sale of Dolly Varden Shares [Yahoo! Finance]
Fury Gold Mines Limited Common Shares (FURY)
Company Research
Source: Yahoo! Finance
that it has completed the previously announced sale of 5,450,000 common shares of Dolly Varden Silver Corp. (the " Dolly Shares see news release dated March 6, 2024 ). The shares were sold at a price of C$0.735 per Dolly Share to a group of institutional investors arranged by the Company's agent, Haywood Securities Inc., for total gross proceeds of C$4,005,750. The net proceeds of the sale will be used for continued exploration at the Company's Eau Claire and Éléonore South projects in Quebec and for general working capital. Following today's announcement, Fury now holds approximately 19.99% of the common shares of Dolly Varden and is well capitalized for its upcoming exploration activities. Following the closing of Dolly Varden's bought deal offering, which is anticipated to close on March 21, 2024, Fury will hold approximately 18.99% of its common shares outstanding. Fury continues to hold 54,054,590 common shares of Dolly Varden after the sale. Fury will file an amendment to it
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FURY
News
- Nations Royalty Closes $10 Million Offering and Appoints Directors and Officers [Yahoo! Finance]Yahoo! Finance
- Fury to Commence Drilling at Éléonore South Gold ProjectAccesswire
- Fury Completes Sale of Dolly Varden SharesAccesswire
- Fury Extends Percival Mineralization 115 Metres to the WestAccesswire
- Fury Enters into Agreement to Place Shares of Dolly Varden Silver Corp. With Institutional Investors [Yahoo! Finance]Yahoo! Finance
FURY
Sec Filings
- 4/2/24 - Form 6-K
- 3/20/24 - Form 6-K
- 3/14/24 - Form 6-K
- FURY's page on the SEC website