Ms. Margaux Villalpando reports

FURY FILES 2023 SHAREHOLDER MEETING PROXY CIRCULAR

Fury Gold Mines Ltd. has filed its shareholders meeting management information proxy circular for its June 29, 2023, annual general shareholders meeting. The circular is available for download at SEDAR and contains disclosure about the company's goals, governance, performance and compensation policies. The AGM business will consist of the election of directors, the appointment of an auditor 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 through a live webcast. 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 Ltd.

Fury Gold 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 per cent). Led by a management team and board of directors with proven success in financing and advancing exploration assets, Fury Gold intends to expand its multimillion-ounce gold platform through rigorous project evaluation and exploration excellence. Fury Gold is committed to upholding the highest industry standards for corporate governance, environmental stewardship, community engagement and sustainable mining.