Fury Gold Mines unveils changes in the boardroom as it positions for "next phase of growth"

Fury Gold Mines Limited (TSE:FURY) (NYSEAMERICAN:FURY) (FRA:AUN1) outlined some changes in the boardroom on Tuesday as the group positions for “the next phase” of its growth. 

Tim Clark, an experienced capital markets executive, becomes an independent director, while board member Jeffrey Mason has been named lead director. 

Blair Schultz, who was instrumental in the formation of Fury in 2020, and served as a board director and member of Fury’s audit committee, has resigned from the board, the company added. 

READ: Fury Gold Mines says initial drill results show potential to expand the Eau Claire deposit

“As we position Fury for the next phase of growth, we are pleased to welcome Tim Clark to our board. Tim brings extensive global capital markets experience within the mining sector, which will complement and support many of Fury’s growth strategies,” said Ivan Bebek, the chairman of Fury in a statement.

“Tim’s board involvement and input will further on-going efforts to broaden visibility and diversify the company’s shareholder base. On behalf of the board, I would like to thank Blair for his contributions to Fury’s board, especially during the Auryn-Eastmain transaction and transition.”

Clark boasts 23 years of global capital markets experience with numerous US, European and Canadian banks, including Barclays Capital, National Bank Financial, Merrill Lynch, Deutsche Bank and most recently BMO Capital Markets.

Mason joined the Fury board upon its formation in October 2020 and brought with him extensive experience in exploration, development, construction and operation of precious and base metals projects in the Americas, Asia and Africa, including 15 years as a principal, board director and chief financial officer at the Hunter Dickinson group of companies.

Mason is currently an independent director of Torq Resources Inc, Tier One Silver Inc and Sombrero Resources Inc.

Fury Gold Mines is a Canada-focused explorer positioned in three prolific mining regions in the country.

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Story by ProactiveInvestors