Fury Gold Mines Expands with Acquisition of Quebec Precious Metals

An announcement from Quebec Precious Metals Corp ( (TSE:QPM) ) is now available.

Fury Gold Mines Limited, a company involved in gold and critical minerals exploration, has announced its acquisition of Quebec Precious Metals Corporation. This strategic move aims to consolidate a significant exploration portfolio in Quebec, enhancing Fury’s market presence and operational scale. The transaction, structured as a share exchange, offers QPM shareholders a premium and is expected to provide synergy and cost savings, leveraging Fury’s expertise in capital raising and exploration success. The combined entity will focus on advancing key projects, including the Sakami project, to further strengthen its position in the industry.

More about Quebec Precious Metals Corp

Average Trading Volume: 81,946

Technical Sentiment Consensus Rating: Buy

Current Market Cap: C$3.11M

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