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Fury Files 2023 Shareholder Meeting Proxy Circular

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 Files 2023 Shareholder Meeting Proxy Circular

VANCOUVER, Canada - May 23, 2023 - Fury Gold Mines Limited (TSX: FURY, NYSE

American: FURY) ("Fury" or the "Company") announces that it has filed its shareholders

meeting management information proxy circular ("Circular") for its June 29, 2023 , annual

general shareholders meeting ("AGM"). The Circular is available for download at

www.sedar.com and contains disclosure about the Company's goals, governance, performance,

and c ompensation policies. The AGM business will consist of the election of directors, the

appointment of auditors, and a proposal for the adoption of a long-term equity incentive plan.

The Circular also provides updated disclosure about the Company’s director candidates, its

compensation and governance practices, and other matters of interest to investors.

The AGM will be held in a virtual -only format via a live webcast, which can be accessed at

www.agmconnect.com/Fury2023. Following the conclusion of the Meeting, senior

management will invite shareholder questions in an informal question -and-answer session

through the webcast platform.

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 (23.5%). 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.