TSX:FURY

Fury Announces Results of Annual General Meeting of Shareholders

Fury Gold Mines AGM reinforces governance; board remains at six

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  <section data-block="information">
    <h3>Information</h3>
    <p>&lt;link type=&quot;text/css&quot; rel=&quot;stylesheet&quot; href=&quot;https://www.globenewswire.com/styles/gnw_nitf.css&quot;&gt;&lt;/li...</p>
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  <section data-block="ai-summary-paragraph">
    <h3>AI Summary</h3>
    <p>Fury Gold Mines announced its June 25, 2026 AGM results, with all director nominees elected and the board fixed at six. Turnout was 39.79% of 75.64 million shares represented. The company renewed its three-year long-term incentive plan with 88.5% For and appointed PwC as auditor with 98.22% For. Fury reiterates its Eau Claire focus and a 5.8% stake in Contango Silver and Gold Inc.</p>
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  <section data-block="ai-summary-bullets">
    <h3>Key Points</h3>
    <ul><li>AGM: six directors elected; board size fixed at six.</li><li>Shareholder turnout 39.79%; 75,644,125 shares represented.</li><li>LTI plan renewed for three years; 88.50% For.</li><li>Auditor appointment: PwC approved; 98.22% For.</li><li>Fury emphasizes Eau Claire focus; 5.8% equity in Contango Silver.</li></ul>
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  <section data-block="companies-mentioned">
    <h3>Companies Mentioned</h3>
    <ul><li><strong>Fury Gold Mines Limited (FURY)</strong>: Primary subject; AGM results support governance stability and potential value drivers.</li><li><strong>Contango Silver and Gold Inc. (Unknown)</strong>: Fury owns 5.8% equity; Contango performance could influence Fury&#039;s equity value.</li><li><strong>Eau Claire Gold Project (N/A)</strong>: Core Fury project; milestones likely to influence longer-term valuation.</li></ul>
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  <section data-block="category">
    <h3>Corporate Developments</h3>
    <p>Category: Corporate Developments. The article reports AGM governance actions, board composition, and incentive/issuer governance decisions, which are classic corporate governance catalysts for a junior gold explorer.</p>
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  <section data-block="market-moving">
    <h3>Market-Moving</h3>
    <ul><li>Governance stability from elected directors may support sentiment.</li><li>LTI plan renewal suggests management incentives; monitor potential dilution.</li><li>PwC appointed as auditor with strong approval; enhances governance credibility.</li><li>Fury&#039;s 5.8% stake in Contango Silver and Gold Inc could lift sentiment if Contango value rises.</li></ul>
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  <section data-block="key-facts">
    <h3>Key Facts</h3>
    <ul><li>AGM date: June 25, 2026.</li><li>Share representation: 75,644,125 shares; 39.79% of outstanding.</li><li>Board size fixed at six.</li><li>Auditor appointment: PricewaterhouseCoopers LLP; 74,293,940 For; 1,350,186 Withheld (1.78%).</li><li>LTI renewal: 51,695,320 For; 6,717,527 Against (11.50%).</li></ul>
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  <section data-block="trading-thesis">
    <h3>Trading Thesis</h3>
    <p>Bullish within 1–3 months due to governance clarity and Contango exposure.</p>
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<article>
  <p>Fury Gold Mines Limited (TSX:FURY) announced the voting results from its Annual General Meeting (<em>"Meeting"</em>) of shareholders held on June 25, 2026, in Toronto. Each director nominee listed in the Company's management information circular dated May 11, 2026 (<em>"Circular"</em>) in connection with the Meeting and as filed on SEDAR+, were elected as directors of the Company to serve until the next annual general meeting, or until their successors are otherwise elected or appointed. This release confirms the outcomes of shareholder votes and board governance decisions.</p>
  <p>A total of <strong>75,644,125</strong> of the Company's common shares (<strong>"Common Shares"</strong>) were present or represented by proxy at the Meeting, representing <strong>39.79%</strong> of the outstanding Common Shares. This level of participation supports the validity of the governance actions approved at the Meeting.</p>

  <section>
    <h2>1. Fixing the Number of Directors</h2>
    <p>By resolution, shareholders approved fixing the number of directors at six (<strong>6</strong>). The result of the vote on fixing the number of directors at six were as follows:</p>
    <ul>
      <li><strong>Votes For:</strong> 72,290,680</li>
      <li><strong>% For:</strong> 95.57%</li>
      <li><strong>Votes Against:</strong> 3,353,445</li>
      <li><strong>% Against:</strong> 4.43%</li>
    </ul>
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  <section>
    <h2>2. Election of Directors</h2>
    <p>By resolution passed, all of the nominees for election as directors listed in the Circular were elected as directors of the Company. The result of the votes on the election of the board of directors was as follows:</p>

    <ul>
      <li><strong>Forrester A. Clark</strong> — <strong>Votes For:</strong> 58,006,167; <strong>% For:</strong> 99.30%; <strong>Votes Withheld:</strong> 406,681; <strong>% Withheld:</strong> 0.70%</li>
      <li><strong>Brian Christie</strong> — <strong>Votes For:</strong> 49,066,487;  </li>
      
    </ul>
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  <section>
    <h3>Support for the Meeting and Related Filings</h3>
    <p>The results reflect adherence to the formal governance process described in the Circular and provide shareholders with clarity on board composition and leadership ahead of Fury's next annual meeting. The Circular was dated May 11, 2026 and filed on SEDAR+, with proceedings and results published for investor review.</p>
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  <section>
    <h2>Company Background and Listing Context</h2>
    <p>Fury Gold Mines Limited continues to trade on multiple exchanges, including TSX:FURY and NYSE:FURY, reflecting its cross-border investor base. The AGM outcomes reinforce governance continuity as Fury pursues its strategic objectives in the gold mining sector. This update is issued in coordination with Globe Newswire's distribution for general news.</p>
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Fury Gold Mines announced its June 25, 2026 AGM results, with all director nominees elected and the board fixed at six. Turnout was 39.79% of 75.64 million shares represented. The company renewed its three-year long-term incentive plan with 88.5% For and appointed PwC as auditor with 98.22% For. Fury reiterates its Eau Claire focus and a 5.8% stake in Contango Silver and Gold Inc.

Fury Announces Results of Annual General Meeting of Shareholders

AI Summary

Sentiment Rationale

Trading Thesis

Market-Moving

Key Facts

Companies Mentioned

Corporate Developments

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