 TORONTO, ON ACCESSWIRE April 30, 2021 Fury Gold Mines Limited TSX:FURYAMEX:FURY Fury or the Company today announced that it has filed, and received a receipt from the Ontario Securities Commission as principal regulator for, a preliminary short form base shelf prospectus the Preliminary Shelf Prospectus with the securities commissions or similar regulatory authorities in all of the provinces and territories of Canada the Qualifying Jurisdictions, and has filed a corresponding registration statement on Form F-10 with the United States Securities and Exchange Commission the SEC under the United States Securities Act of 1933, as amended the Registration Statement. Upon the issuance of a receipt for the final base shelf prospectus the Final Shelf Prospectus and, together with the Preliminary Shelf Prospectus, the Prospectus and the Registration Statement having been declared effective by the SEC, the Company will be permitted to offer up to C200 million of common shares, subscription receipts, warrants, and units or any combination thereof collectively, the Securities during the 25-month period that the Prospectus is effective. 