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Fury Gold Mines' $60 Million Silver Bullet with CEO Tim Clarke

We sat down with Fury Gold Mines' Chair Ivan Bebek and CEO Tim Clarke for a sponsor update. Fury’s sale of its Homestake Ridge Silver/Gold project to Dolly Varden Silver is now complete. Fury received CAD $5 million, 76.5 million in DV shares and two board seats. Fury's resulting enterprise value will be in the $40 - $45 million range.  Chair Bebek explains “So you’re getting three potentially great assets for $40 to $45 million …It doesn’t come around that often…” The transaction was followed up by a $5.3 million DV investment by Heckla Mining, the largest primary silver producer in the U.S., which also...
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