Fury announces cad$11,000,000 private placement

Vancouver, bc / accesswire / april 12, 2022 / fury gold mines limited (tsx:fury)(nyse american:fury) ("fury" or the "company") announces that it has entered into subscription agreements with two placees who include a canadian corporate investor and a us institutional investor for a private placement sale of 13.75 million common shares of the company at a price of $0.80 for proceeds of cad$11.0 million (the "private placement"). proceeds from the private placement will be used to fund continued exploration at the company's eau claire project in quebec and for general working capital.
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