Fury to buy-out homestake ridge royalty

Toronto, on / accesswire / september 13, 2021 / fury gold mines limited (tsx:fury)(nyse american:fury) ("fury" or the "company") is pleased to announce that the company has entered into a royalty purchase agreement (‘the agreement") for the purchase of a 2% net smelter return royalty ("the royalty') on certain claims at its homestake ridge project in british columbia (figure 1). the purchase price is $400,000, payable 25% in cash and 75% in shares priced at the 5-day vwap prior to completion on or before september 20, 2021, but in no event more than 328,367 shares or fewer than 239,000 shares.
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