Fury Gold Mines Ltd 6-K, filed May 3, 2021
Fury Gold Mines Ltd (FURY)
6-K
2021-05-03
For: 2021-04-30
View Original
Added on
April 10, 2026
About this 6-K
Fury Gold Mines Ltd filed this 6-K on May 3, 2021.
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 April
2021
Commission
File No. 001-38145
Fury Gold Mines Limited
(Translation
of registrant’s name into English)
34 King Street East Suite 900, Toronto, M5C 2X8
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 [X]
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
99.1 Fury Files
Preliminary Base Shelf Prospectus
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.
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Fury Gold Mines Limited
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Date: April 30, 2021
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By:
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/s/ Lynsey
Sherry
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Lynsey Sherry
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Chief Financial Officer
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Exhibit 99.1
Fury Files Preliminary Base Shelf Prospectus
Toronto, Canada – April 30,
2021 – Fury Gold Mines
Limited (TSX: FURY, NYSE American: FURY) (“Fury” or the
“Company”) today announced that it has filed,
and received a receipt from the Ontario Securities Commission (as
principal regulator) for, a preliminary short form base shelf
prospectus (the “Preliminary Shelf Prospectus”) with the securities
commissions or similar regulatory authorities in all of the
provinces and territories of Canada (the “Qualifying Jurisdictions”), and
has filed a corresponding registration statement on Form F-10 with
the United States Securities and Exchange Commission (the
“SEC”) under the
United States Securities Act of
1933, as amended (the “Registration
Statement”).
Upon
the issuance of a receipt for the final base shelf prospectus (the
“Final Shelf
Prospectus” and, together with the Preliminary Shelf
Prospectus, the “Prospectus”) and the Registration
Statement having been declared effective by the SEC, the Company
will be permitted to offer up to C$200 million of common shares,
subscription receipts, warrants, and units or any combination
thereof (collectively, the “Securities”) during the 25-month
period that the Prospectus is effective. The specific terms of any
offering of Securities, including the use of proceeds from any
offering, will be set forth in a shelf prospectus
supplement.
Securities
may be offered under the Prospectus (and corresponding Registration
Statement) separately or together, in amounts, at prices and on
terms to be determined based on market conditions at the time of
sale and as set forth in an applicable prospectus supplement. No
Securities may be sold, nor may offers to buy be accepted, prior to
the time a receipt for the Final Shelf Prospectus has been issued
and the Registration Statement has been declared
effective.
Information
regarding the use of proceeds of any offering of Securities will be
contained in a prospectus supplement relating to the particular
offering. Such proceeds may be used to further the Company’s
exploration plans at the Eau Claire project and to fund, in whole
or in part, the Company’s exploration plans at the
Homestake Ridge and Committee Bay projects, and
for working capital purposes.
The
Company currently anticipates that its current financial resources
will be sufficient to fund its planned operations for the 12 months
from the date of the Prospectus, as set out in more detail under
the heading “Use of
Proceeds” in the Prospectus. For a discussion of the
Company’s currently funded plans and the Company’s
plans if it raises additional capital, see “Corporate strategy” and
“Financial position,
liquidity, and capital resources” in the
Company’s management’s discussion and analysis for the
year ended December 31, 2020, which is incorporated by reference in
the Prospectus and the Registration Statement.
The
Registration Statement has been filed with the SEC, but is not yet
effective. Securities may not be sold nor may offers to buy be
accepted prior to the time the Registration Statement becomes
effective. Copies of the Prospectus and the Registration Statement
(once effective) may be obtained on request without charge from
the Corporate Secretary
of Fury at 34 King Street East, Suite 601, Toronto, Ontario, M5C
2X8, telephone (437) 500-2529 and are also available electronically
at www.sedar.com
or www.sec.gov/edgar.shtml.
This
press release does not constitute an offer to sell or a
solicitation of an offer to buy, nor shall there be any sale of
these Securities in any jurisdiction in which an offer,
solicitation or sale would be unlawful prior to registration or
qualification under the securities laws of any such
jurisdiction.
About Fury Gold Mines Limited
Fury
Gold Mines Limited is a Canadian-focused exploration and
development company positioned in three prolific mining regions
across the country. Led by a management team and board of directors
with proven success in financing and developing mining assets, Fury
intends to grow and advance its multi-million-ounce gold platform
through project development and potential new discoveries. Fury is
committed to upholding the highest industry standards for corporate
governance, environmental stewardship, community engagement and
sustainable mining. For more information on Fury, visit
www.furygoldmines.com.
For further information on Fury Gold Mines Limited, please
contact:
Salisha
Ilyas, Vice President, Investor Relations
Tel:
(437) 500-2529
Email: info@furygoldmines.com
Website:
www.furygoldmines.com
Forward-Looking Statements and Additional Cautionary
Language
This
release includes certain statements that may be deemed to be
“forward-looking information” or “forward-looking
statements” within the meaning of applicable Canadian and
United States securities laws (“forward-looking statements”),
which relate to the future operations of the Company and other
statements that are not historical facts. Generally, these
forward-looking statements can be identified by the use of
forward-looking terminology such as "plans", "expects", "budget",
"scheduled", "estimates", "forecasts", "intends", "anticipates", or
"believes", or the negatives and/or variations of such words and
phrases, or state that certain actions, events or results "may",
"could", "would", "might" or "will be taken", "occur", "be
achieved" or "has the potential to". Forward-looking statements are
information that includes implied future performance and/or
forecast information. Forward-looking statements in this release
reflect management's current estimates, predictions, expectations
or beliefs regarding future events. Specific forward-looking
statements contained in this release includes information relating
to: the Prospectus and the Registration Statement, including any
future issuance of Securities or raising of funds thereunder and
the use of proceeds of any offering of Securities.
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. Forward-looking statements
reflect the beliefs, opinions and projections on the date such
statements are made and are based on a number of assumptions and
estimates that, while considered reasonable at the time, are
inherently subject to significant business, economic, competitive,
political and social uncertainties and contingencies. Such
assumptions, which may prove to be incorrect, include: general
economic and industry growth rates; the Company's budget, including
expected costs and the assumptions regarding market conditions; the
Company's ability to raise additional capital to proceed with its
exploration, development and operations plans; the Company's
ability to obtain or renew the licenses and permits necessary for
its current and future operations; and the impact of the COVID-19
pandemic. Although the Company believes that the assumptions and
expectations reflected in those forward-looking statements were
reasonable at the time such statements were made, there can be no
assurance that such assumptions and expectations will prove to be
correct.
Forward-looking
statements involve known and unknown risks, uncertainties and other
factors which may cause actual results, performance or achievements
of the Company to be materially different (either positively or
negatively) from any future results, performance or achievements
expressed or implied by such forward-looking statements, including
risks relating, but not limited, to: the COVID-19 pandemic; the
future price of minerals, including gold and other metals; and the
success of the Company's exploration and development activities.
Readers should refer to the risks discussed in the Company's Annual
Information Form and MD&A for the year ended December 31, 2020
and subsequent continuous disclosure filings with the Canadian
Securities Administrators available at www.sedar.com and the
Company's Annual Report on Form 40-F for the year ended December
31, 2020 filed with the United States Securities and Exchange
Commission and available at www.sec.gov. Readers should not place
undue reliance on forward-looking statements, which speak only as
of the date made. The forward-looking statements contained in this
press release are expressly qualified by this cautionary statement.
The forward-looking statements contained in this press release
represent the Company's expectations as of the date of this press
release or the date indicated. The Company disclaims any intention
or obligation or undertaking to update or revise any
forward-looking statements whether as a result of new information,
future events or otherwise, except as required under applicable
securities law.
Cautionary Note to United States Investors Concerning Estimates of
Mining Disclosure
The
mining and technical disclosure throughout this release is made in
accordance with applicable Canadian law and the guidelines set out
in the Canadian Institute of Mining, Metallurgy and Petroleum CIM
Definition Standards on Mineral Resources and Mineral Reserves
("CIM Standards"). The Company's descriptions
of its projects using applicable Canadian law and CIM Standards may
not be comparable to similar information made public by U.S.
companies subject to the reporting and disclosure requirements
under the United States federal securities laws and the rules and
regulations thereunder.
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www.furygoldmines.com
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