VANCOUVER, Canada – February26, 2024 – Fury Gold Mines Limited (TSX and NYSE American: FURY) (“Fury” or the “Company”) is pleased to announce that Fury and certain affiliates of Newmont Corporation (“Newmont”) have entered into an agreement whereby Fury will purchase Newmont’s 49.978% interest in Éléonore South for C$3M. As part of the consolidation of Éléonore South, Fury has also agreed to purchase Newmont’s 30,392,372 shares of Sirios Resources Inc. (“Sirios”) for C$1.3M. The Sirios shares will be acquired for investment purposes and Fury will evaluate its investment in Sirios on an ongoing basis with respect to any possible additional purchases or dispositions. Completion of the purchase is subject to certain conditions precedent and is expected to close in late February or early March 2024.

“We value the strong relationship with Newmont and are confident that this transaction is a positive outcome for both companies,” commented Tim Clark, CEO of Fury. “Our team has historically ranked the ESJV as one of our more prolific targets for discovery. see & read more on
https://furygoldmines.com/news-and-media/news/fury-consolidates-interests-at-eleonore-south-gold-project-to-100/