08:03 AM EDT, 06/06/2025 (MT Newswires) -- Fury Gold Mines ( FURY ) rose 2% in U.S. pre-market trading on Friday after its previously announced private placement offering was increased to $3.08 million from $2.5 million.
The company now intends to privately place with a small group of accredited and institutional investors in Canada, a total of 4 million flow-through common shares at $0.77 apiece. It added that the offering figure could increase by up to about 15% if a strategic investor elects to exercise its preemptive participation rights disclosed in a May 27, news release.
Closing of the offering is expected on or about June 19, subject to certain conditions.
U.S.-listed shares of the company were last seen up $0.01 at $0.4899 in pre-market trading.