0001654954-24-003119.txt : 20240314 0001654954-24-003119.hdr.sgml : 20240314 20240314121047 ACCESSION NUMBER: 0001654954-24-003119 CONFORMED SUBMISSION TYPE: 6-K PUBLIC DOCUMENT COUNT: 3 CONFORMED PERIOD OF REPORT: 20240313 FILED AS OF DATE: 20240314 DATE AS OF CHANGE: 20240314 FILER: COMPANY DATA: COMPANY CONFORMED NAME: FURY GOLD MINES LTD CENTRAL INDEX KEY: 0001514597 STANDARD INDUSTRIAL CLASSIFICATION: GOLD & SILVER ORES [1040] ORGANIZATION NAME: 01 Energy & Transportation IRS NUMBER: 000000000 STATE OF INCORPORATION: A1 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 6-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-38145 FILM NUMBER: 24748661 BUSINESS ADDRESS: STREET 1: 1630-1177 WEST HASTINGS STREET CITY: VANCOUVER STATE: A1 ZIP: V6E 2K3 BUSINESS PHONE: 8446010841 MAIL ADDRESS: STREET 1: 1630-1177 WEST HASTINGS STREET CITY: VANCOUVER STATE: A1 ZIP: V6E 2K3 FORMER COMPANY: FORMER CONFORMED NAME: AURYN RESOURCES INC. DATE OF NAME CHANGE: 20131119 FORMER COMPANY: FORMER CONFORMED NAME: GEORGETOWN CAPITAL CORP DATE OF NAME CHANGE: 20110307 6-K 1 fury_6k.htm FORM 6-K fury_6k.htm

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

FORM 6-K

 

REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 OR 15d-16 UNDER THE

SECURITIES EXCHANGE ACT OF 1934

 

For the month of March 2024

 

Commission File No. 001-38145

 

Fury Gold Mines Limited

(Translation of registrant’s name into English)

 

1630-1177 West Hastings Street, Vancouver, BC, V6E 2K3 Canada

(Address of principal executive office)

 

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F

 

Form 20-F ☐   Form 40-F ☒

 

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1)   ☐

 

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7)   ☐

 

 

 

 

SUBMITTED HEREWITH

 

Exhibits

 

Exhibit 99.1

Press Release

 

 

2

 

 

SIGNATURE

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

 

 

Fury Gold Mines Limited

 

 

 

 

 

Date: March 14, 2024

By:

/s/ Phil van Staden

 

 

 

Phil van Staden

 

 

 

Chief Financial Officer

 

 

 

3

 

 EX-99.1 2 fury_ex991.htm PRESS RELEASE fury_ex991.htm

EXHIBIT 99.1

 

 

 

 

Fury Completes Sale of Dolly Varden Shares

 

VANCOUVER, Canada – March 14, 2024 – Fury Gold Mines Limited (TSX: FURY, NYSE American: FURY) (“Fury” or the “Company”) is pleased to announce that it has completed the previously announced sale of 5,450,000 common shares of Dolly Varden Silver Corp. (the “Dolly Shares”) (see news release dated March 6, 2024). The shares were sold at a price of C$0.735 per Dolly Share to a group of institutional investors arranged by the Company’s agent, Haywood Securities Inc., for total gross proceeds of C$4,005,750.

 

The net proceeds of the sale will be used for continued exploration at the Company’s Eau Claire and Éléonore South projects in Quebec and for general working capital. Following today’s announcement, Fury now holds approximately 19.99% of the common shares of Dolly Varden and is well capitalized for its upcoming exploration activities. Following the closing of Dolly Varden’s bought deal offering, which is anticipated to close on March 21, 2024, Fury will hold approximately 18.99% of its common shares outstanding.

 

Fury continues to hold 54,054,590 common shares of Dolly Varden after the sale. Fury will file an amendment to its current Early Warning Report on SEDAR+ to reflect its change in ownership position. Fury continues to hold its shares in Dolly Varden for investment purposes and will evaluate its investment on an ongoing basis and may increase or decrease its holdings in the future, subject to its rights and obligations under the Investor Rights Agreement dated February 25, 2022, between Fury and Dolly Varden, a copy of which has been filed under Fury’s SEDAR+ profile.

 

About Fury Gold Mines Limited

 

Fury Gold Mines Limited is a well-financed Canadian-focused exploration company positioned in two prolific mining regions across Canada and currently holds a 54 million common share position in Dolly Varden Silver Corp (19.99% ownership). Led by a management team and board of directors with proven success in financing and advancing exploration assets, Fury intends to grow its multi-million-ounce gold platform through rigorous project evaluation and exploration excellence. Fury is committed to upholding the highest industry standards for corporate governance, environmental stewardship, community engagement and sustainable mining. For more information on Fury Gold Mines, visit www.furygoldmines.com.

 

Neither the TSX nor its Regulations Services Provider (as that term is defined in the policies of the TSX) accepts responsibility for the adequacy or accuracy of this news release.

 

For further information on Fury Gold Mines Limited, please contact:

 

Fury Gold Mines Limited

TSX: FURY NYSE American:FURY

1630 - 1177 West Hastings Street, Vancouver, BC, Canada V6E 2K3

www.furygoldmines.com

 

 

1

 

 

Margaux Villalpando, Investor Relations

Tel: (844) 601-0841

Email: info@furygoldmines.com

Website: www.furygoldmines.com

 

Forward-Looking Information

This press release contains "forward-looking statements" within the meaning of applicable Canadian securities laws. Such statements include the Company’s proposed use of proceeds from the share sale and its future holdings of Dolly Varden shares.

 

Although Fury has attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in forward-looking information There can be no assurance that such statements will prove to be accurate, and actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place heavy

reliance on forward-looking information. Fury does not undertake to update any forward-looking statements except as required by applicable securities laws.

 

 

Fury Gold Mines Limited

TSX: FURY NYSE American: FURY

1630 - 1177 West Hastings Street, Vancouver, BC, Canada V6E 2K3

www.furygoldmines.com

 

 

2

 

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