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Fury Announces Results of Annual General Meeting of Shareholders

Shareholder Meetings

Fury Gold Mines Limited

1630 - 1177 West Hastings Street, Vancouver, BC, Canada V6E 2K3

TSX: FURY NYSE American: FURY

www.furygoldmines.com

Fury Announces Results of Annual General Meeting of

Shareholders

VANCOUVER, Canada – June 30, 2023 – Fury Gold Mines Limited (TSX and NYSE American: FURY)

(“Fury” or the “Company”) is ple ased to announce the voting results from its Annual General

Meeting (the “ Meeting”) of Shareholders held on June 29, 202 3. Fury is pleased to confirm that

each director nominee listed in the Company’s management information circular dated May 18,

2023 (the “ Circular”) in connection with the Meeting and as filed on SEDAR, were elected as

directors of the Company to serve unti l the next annual general meeting, or until their successors

are otherwise elected or appointed.

A total of 48,123,149 of the Company’s common shares (“ Common Shares ”) were present or

represented by proxy at the Meeting, representing 32.97% of the outstan ding Common Shares.

1. Election of Directors

By resolution passed, each of the nominees for election as directors listed in the Circular was elected

as a director of the Company. The results of the votes on the election of the board of directors were as

follows:

Name of Nominee

Number of

Votes For

Votes For

(%)

Number of Votes

Withheld

Votes Withheld

(%)

Forrester A. Clark 47,755,658 99.51% 236,628 0.49%

Jeffrey R. Mason 47,885,613 99.51% 237,536 0.49%

Steve Cook 46,965,172 97.59% 1,157,977 2.41%

Michael Hoffman 47,886,613 99.51% 236,536 0.49%

Alison Sagateh

(Saga) Williams 47,820,145 99.37% 303,004 0.63%

Brian Christie 47,719,429 99.16% 403,720 0.84%

2. Appointment of Auditor

By resolution, Deloitte LLP, Chartered Professional Accountants was appointed as the Company’s

auditor. The result of the vote on the appointment of the auditor was as follows:

Fury Gold Mines Limited

1630 - 1177 West Hastings Street, Vancouver, BC, Canada V6E 2K3

TSX: FURY NYSE American: FURY

www.furygoldmines.com

Number of

Votes For

Votes For

(%)

Number of Votes

Withheld

Votes Withheld

(%)

Deloitte, Chartered

Professional

Accountants

47,924,179 99.59% 198,970 0.41%

3. Adoption of Long-Term Incentive Plan

By resolution, the Company’s proposed long-term incentive plan (“LTI Plan”) was approved. The result

of the vote on the approval of the LTI Plan was as follows:

Number of

Votes For

Votes For

(%)

Number of Votes

Against

Votes Against

(%)

Long-Term Incentive

Plan (“LTI Plan”) 46,618,720 96.87% 1,504,429 3.13%

Voting results have been reported and published on www.sedar.com.

About Fury Gold Mines Limited

Fury Gold Mines Limited is a well -financed Canadian-focused exploration company positioned in two

prolific mining regions across Canada and holds a 59.5 million common share position in Dolly Varden

Silver Corp (23.4%). Led by a management team and board of directors with proven success in financing

and advancing exploration assets, Fury intends to grow its multi -million-ounce gold platform through

rigorous project evaluation and exploration excellence. Fury is committed to upholding the highest

industry standards for corporate governance, environmental stewardship, community engagement and

sustainable mining. For more information on Fury Gold Mines, visit www.furygoldmines.com.

For further information on Fury Gold Mines Limited, please contact:

Margaux Villalpando, Manager Investor Relations

Tel: (844) 601-0841

Email: [email protected]

Website: www.furygoldmines.com

No regulatory organization has approved the contents hereof.