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Fury Gold Mines Ltd(FURY-T)
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Stocks in play: Fury Gold Mines Ltd

Baystreet - Mon Feb 26, 9:16AM CST

Announces that Fury and certain affiliates of Newmont Corporation have entered into an agreement whereby Fury will purchase Newmont's 49.978% interest in Éléonore South for C$3M. As part of the consolidation of Éléonore South, Fury has also agreed to purchase Newmont's 30,392,372 shares of Sirios Resources Inc. for C$1.3M. The Sirios shares will be acquired for investment purposes and Fury will evaluate its investment in Sirios on an ongoing basis with respect to any possible additional purchases or dispositions. Completion of the purchase is subject to certain conditions precedent and is expected to close in late February or early March 2024. Fury Gold Mines Ltd shares T.FURY are trading unchanged at $0.44.

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