- Fury Gold Mines Limited announced the **closing of its previously announced brokered private placement**.  **[1514597_0001171843-25-006420_exh_991.htm:1]** 
- The offering generated **total aggregate gross proceeds of C$18,000,150**.  **[1514597_0001171843-25-006420_exh_991.htm:1]** 
- The financing included the sale of **9,915,000 Charity FT Units at C$1.21 each** and **6,003,000 FT Shares at C$1.00 each**.  **[1514597_0001171843-25-006420_exh_991.htm:1]** 
- The proceeds will be used to incur eligible **"Canadian exploration expenses"** for the Company's projects in Québec and Nunavut on or before December 31, 2026.  **[1514597_0001171843-25-006420_exh_991.htm:1]**

Fury Gold Mines Closes C$18 Million Brokered Financing

- **Fury Gold Mines** has closed a brokered private placement, raising **C$18,000,150**.  **[1514597_c110159ee7ee4c1c80821e5228827c8a_0]** 
- The offering comprised **9,915,000** Charity FT Units at **C$1.21** each and **6,003,000** flow-through shares at **C$1.00** each.  **[1514597_c110159ee7ee4c1c80821e5228827c8a_0]** 
- The Charity FT Units include warrants, allowing holders to purchase additional common shares at **$1.20** for a period of **24 months**.  **[1514597_c110159ee7ee4c1c80821e5228827c8a_0]** 
- The gross proceeds will be used to fund eligible "Canadian exploration expenses" for the company's projects in **Québec and Nunavut**, specifically including **Eau Claire and Committee Bay**, by **December 31, 2026**.  **[1514597_c110159ee7ee4c1c80821e5228827c8a_0]**

- Fury Gold Mines Limited has announced an **upsized brokered financing** to raise aggregate gross proceeds of up to **C$18,000,150**.  **[1514597_0001171843-25-006001_exh_991.htm:0]** 
- The financing consists of up to **9,915,000 national charity flow-through units** at **C$1.21** per unit and up to **6,003,000 traditional flow-through shares** at **C$1.00** per share.  **[1514597_0001171843-25-006001_exh_991.htm:0]** 
- The gross proceeds will be used for **"Canadian exploration expenses"** (Qualifying Expenditures) on or before **December 31, 2026**, specifically for the Company's **Eau Claire and Committee Bay projects**.  **[1514597_0001171843-25-006001_exh_991.htm:0]** 
- The offering is scheduled to close on or about **October 10, 2025**, subject to customary closing conditions and regulatory approvals.  **[1514597_0001171843-25-006001_exh_991.htm:0]**

Fury Gold Mines Announces Upsized C$18 Million Brokered Financing

- Fury Gold Mines Limited announced a brokered financing to raise **up to C$12,000,000**.  **[1514597_0001171843-25-005994_exh_991.htm:0]** 
- The offering includes Charity FT Units priced at **C$1.21** and Traditional FT Shares priced at **C$1.00**.  **[1514597_0001171843-25-005994_exh_991.htm:0]** 
- The gross proceeds will be used for **Canadian exploration expenses** on the company's **Eau Claire and Committee Bay projects**.  **[1514597_0001171843-25-005994_exh_991.htm:0]** 
- The financing is anticipated to close on or about **October 10, 2025**.  **[1514597_0001171843-25-005994_exh_991.htm:1]**

FURY GOLD MINES (FURY)