Fury Gold Mines (TSE:FURY) has released an update.
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Fury Gold Mines Limited has announced a financing agreement to raise C$5 million through the sale of flow-through shares at C$0.94 each, with potential over-allotment options. The proceeds are intended for exploration expenses on their Canadian projects, with a closing date set for on or about June 13, 2024. The offering aims to benefit subscribers with tax incentives under Canadian law, while the company advances its commitment to growth and sustainable mining practices.
For further insights into TSE:FURY stock, check out TipRanks’ Stock Analysis page.
