Fury Gold Mines Limited announced a non-brokered private placement with a small group of accredited and institutional investors in Canada to issue up to 3,246,753 flow-through common shares of the Company, at a price of CAD 0.77 per Share for total gross proceeds of up to CAD 2,499,999.81 on June 5, 2025. The Offering is expected to close on or about June 19, 2025, subject to execution of subscription agreements and customary closing conditions, including receipt of all necessary approvals, including the approval of the Toronto Stock Exchange and the NYSE American LLC. Although the Offering is not brokered, the Company may pay finder?s fees of up to 6% from its current working capital for assistance with this financing to persons eligible to receive such fees.
All Shares issued pursuant to the Offering will be subject to a statutory hold period of four months and a day from the Closing Date in accordance with applicable Canadian securities laws.
Agnico Eagle Mines Limited is a Canada-based and led senior gold mining company. The Company has operating mines in Canada, Australia, Finland and Mexico. It has over 70% interest in Fingold Ventures Ltd. Its operations and development projects include LaRonde Complex, Canadian Malartic Complex, Goldex Complex, Detour Lake, Macassa, Meliadine, Meadowbank Complex, Fosterville, Pinos Altos, and Kittila. Its exploration projects include Hammond Reef, Hope Bay, Upper Beaver, San Nicolas, Wasamac. Its Canadian Malartic Complex is in northwestern Quebec which consist of the Canadian Malartic mines and the Odyssey mine. The Fosterville mine is a high-grade, low-cost underground gold mine, located approximately 20 kilometers (km) from the city of Bendigo. Its Kittila mine is located in the Lapland region of northern Finland, over 150 km north of the Arctic circle. Pinos Altos is located in the mountainous region of northern Mexico, 220 km of the city of Chihuahua.
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