Fury Gold Mines (TSE:FURY) has released an update.
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Fury Gold Mines Limited has successfully completed a brokered private placement, raising C$5 million through the sale of over 5 million flow-through shares at C$0.94 each. These funds are earmarked for exploration expenses on the company’s projects in Quebec, with all qualifying expenditures to be renounced by the end of 2024. The offering, led by a syndicate of notable agents, will support Fury’s Eau Claire and Éléonore South projects without U.S. registration restrictions.
For further insights into TSE:FURY stock, check out TipRanks’ Stock Analysis page.
