An announcement from Fury Gold Mines ( (TSE:FURY) ) is now available.
On March 26, 2025, Fury Gold Mines Limited announced progress in its merger with Quebec Precious Metals Corporation (QPM), with completion expected by April 30, 2025. The merger is on track following the acquisition of necessary approvals, and QPM’s shareholder meeting is scheduled for April 22, 2025. The merger is expected to enhance Fury’s market position, with QPM’s significant land holdings in the James Bay gold camp and other mineral projects. Additionally, Fury disclosed a non-cash impairment charge to align its mineral properties’ carrying value with market capitalization, and announced the resignation of director Isabelle Cadieux.
More about Fury Gold Mines
Fury Gold Mines Limited is a Canadian-focused exploration company operating in two prolific mining regions in Canada. The company aims to expand its multi-million-ounce gold platform through strategic project evaluation and exploration. Fury is committed to high standards of corporate governance, environmental stewardship, and sustainable mining practices.
YTD Price Performance: 1.79%
Average Trading Volume: 148,773
Technical Sentiment Signal: Buy
Current Market Cap: $61.56M
Learn more about FURY stock on TipRanks’ Stock Analysis page.