Ms. Margaux Villalpando reports

FURY ANNOUNCES FILING AND MAILING OF THE MANAGEMENT INFORMATION CIRCULAR IN CONNECTION WITH ITS ANNUAL MEETING OF SHAREHOLDERS

Fury Gold Mines Ltd.'s management information circular in connection with the company's coming annual meeting of shareholders is now available under Fury's profile on SEDAR+ and on Fury's website. Additionally, the mailing of the circular and related materials for the meeting to shareholders has been completed.

Meeting details

The meeting will be held on Thursday, June 26, 2025, at 11 a.m. Toronto time, in a virtual-only format.

The meeting materials are being mailed to shareholders to provide information about the election of directors and appointment of auditor, detailed instructions about how to vote shares, and how to attend on-line and participate at the meeting. The company encourages shareholders to review the meeting materials before voting their shares.

The board of directors of Fury unanimously recommends that shareholders vote for all resolutions.

Canada Post labour disruption

In the event of a Canada Post strike, traditional mail services for distributing proxy materials may be disrupted. Proxy materials can be accessed electronically on Fury's website.

Shareholder questions and voting assistance

Shareholders with questions or who require assistance in voting their shares are encouraged to contact Fury's proxy solicitation agent, Laurel Hill Advisory Group.

North American toll-free number:  1-877-452-7184

Outside North America:  1-416-304-0211

E-mail:  assistance@laurelhill.com

About Fury Gold Mines Ltd.

Fury Gold Mines is a well-financed, Canadian-focused exploration company positioned in two prolific mining regions across Canada and holds an 11.8-million-common-share position in Dolly Varden Silver Corp. (approximately 14.5 per cent of issued shares). Led by a management team and board of directors with proven success in financing and advancing exploration assets, Fury intends to grow its multimillion-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.