12:42 PM EDT, 06/05/2025 (MT Newswires) -- Fury Gold Mines ( FURY ) on Thursday said it intends to privately place 3.25-million flow-through shares at $0.77 each with accredited and institutional investors, to raise $2.5 million.

Proceeds will be used for Fury's projects in Quebec and Nunavut.

The offering is expected to close about June 19.

Fury's shares were last seen up $0.01 to $0.66 on the Toronto Stock Exchange.

Price: 0.66, Change: +0.01, Percent Change: +1.54