M&A - FURY GOLD MINES LTD

Form Type: 20-F

Filing Date: 2025-04-01

Corporate Action: Acquisition

Type: New

Accession Number: 000143774925010348

Filing Summary: Fury Gold Mines Ltd executed a significant acquisition on February 29, 2024, by acquiring 100% control of the joint operation interests in the Éléonore South project from Newmont, consolidating these properties into its portfolio. This acquisition resulted in the dissolution of the joint venture with Newmont. The total acquisition cost for the 49.978% interest previously held by Newmont was $3,000, with associated transaction costs of $30. Additionally, the company acquired a 10.9% interest in Sirios as part of the transaction, further consolidating its exploration assets and reinforcing its operational capabilities in the mining sector.

Document Link: View Document