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As Of Filer Filing For·On·As Docs:Size Issuer Filing Agent 3/27/23 Fury Gold Mines Ltd. 40-F 12/31/22 123:9M Blueprint/FA |
Document/Exhibit Description Pages Size
1: 40-F Annual Report by a Canadian Issuer HTML 270K
2: EX-99.1 Miscellaneous Exhibit HTML 524K
11: EX-99.10 Miscellaneous Exhibit HTML 29K
12: EX-99.11 Miscellaneous Exhibit HTML 29K
13: EX-99.12 Miscellaneous Exhibit HTML 30K
14: EX-99.13 Miscellaneous Exhibit HTML 30K
15: EX-99.14 Miscellaneous Exhibit HTML 30K
16: EX-99.15 Miscellaneous Exhibit HTML 30K
3: EX-99.2 Miscellaneous Exhibit HTML 1.12M
4: EX-99.3 Miscellaneous Exhibit HTML 268K
5: EX-99.4 Miscellaneous Exhibit HTML 33K
6: EX-99.5 Miscellaneous Exhibit HTML 33K
7: EX-99.6 Miscellaneous Exhibit HTML 29K
8: EX-99.7 Miscellaneous Exhibit HTML 29K
9: EX-99.8 Miscellaneous Exhibit HTML 27K
10: EX-99.9 Miscellaneous Exhibit HTML 30K
22: R1 Cover HTML 91K
23: R2 Consolidated Statements of Financial Position HTML 97K
24: R3 Consolidated Statements of (Earnings) Loss and HTML 91K
Comprehensive (Income) Loss
25: R4 Consolidated Statements of Equity HTML 63K
26: R5 Consolidated Statements of Cash Flows HTML 105K
27: R6 Nature of operations HTML 38K
28: R7 Basis of presentation HTML 31K
29: R8 Significant accounting policies HTML 85K
30: R9 Changes in accounting standards HTML 42K
31: R10 Critical accounting estimates and judgments HTML 48K
32: R11 Sale of Homestake Resources HTML 39K
33: R12 Cash and Restricted Cash HTML 36K
34: R13 Marketable Securities HTML 37K
35: R14 Property and Equipment HTML 74K
36: R15 Mineral Property Interests HTML 63K
37: R16 Investments in associates HTML 77K
38: R17 Flowthrough Share Premium Liability HTML 39K
39: R18 Provision for Site Reclamation and Closure HTML 47K
40: R19 Exploration and Evaluation Costs HTML 83K
41: R20 Share Capital HTML 48K
42: R21 Share Option and Warrant Reserves HTML 83K
43: R22 Key management personnel HTML 39K
44: R23 Supplemental cash flow information HTML 40K
45: R24 (Earnings) loss per share HTML 39K
46: R25 Financial Instruments HTML 91K
47: R26 Management of Capital HTML 37K
48: R27 Income Taxes HTML 106K
49: R28 Subsequent events HTML 33K
50: R29 Significant Accounting Policies (Policies) HTML 116K
51: R30 Significant Accounting Policies (Tables) HTML 39K
52: R31 Critical accounting estimates and judgments HTML 32K
(Tables)
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62: R41 Share Capital (Tables) HTML 41K
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64: R43 Key management personnel (Tables) HTML 36K
65: R44 Supplemental cash flow information (Tables) HTML 40K
66: R45 (Earnings) loss per share (Tables) HTML 37K
67: R46 Financial instruments (Tables) HTML 83K
68: R47 Management of Capital (Tables) HTML 35K
69: R48 Income taxes (Tables) HTML 103K
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(Details)
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78: R57 Cash and Restricted Cash (Details) HTML 34K
79: R58 Cash and Restricted Cash (Details Narrative) HTML 30K
80: R59 Marketable Securities (Details) HTML 37K
81: R60 Marketable Securities (Details Narrative) HTML 37K
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83: R62 Mineral Property Interests (Details) HTML 53K
84: R63 Mineral Property Interests (Details Narrative) HTML 50K
85: R64 Investment in associates (Details) HTML 42K
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87: R66 Investment in associates (Details 2) HTML 49K
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89: R68 Investments in associates (Details 4) HTML 34K
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91: R70 Flowthrough Share Premium Liability (Details) HTML 36K
92: R71 Flowthrough Share Premium Liability (Details HTML 37K
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93: R72 Provision for Site Reclamation and Closure HTML 41K
(Details)
94: R73 Provision for Site Reclamation and Closure HTML 35K
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96: R75 Share Capital (Details) HTML 42K
97: R76 Share Capital (Details Narrative) HTML 69K
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106: R85 Supplemental Cash Flow Information (Details) HTML 36K
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110: R89 Financial Instruments (Details 1) HTML 35K
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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM i 40-F
i ☐ | REGISTRATION STATEMENT PURSUANT TO SECTION 12 OF THE SECURITIES EXCHANGE ACT OF 1934 | |||
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OR
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| i ☒ | ANNUAL REPORT PURSUANT TO SECTION 13(a) OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 | |||
For the fiscal year ended i December 31, 2022 | Commission File Number: i 001-38145 | |||
i Fury Gold Mines Limited | ||||
(Exact name of Registrant as specified in its charter) |
British Columbia, i Canada |
| 1040 |
| Not Applicable | ||
(Province or Other Jurisdiction of Incorporation or Organization) |
| (Primary Standard Industrial Classification Code) |
| (I.R.S. Employer Identification No.) | ||
i Suite 1630, i 1177 West Hastings Street i Vancouver, i BCCanada i V6E 2K3 ( i 778) i 729-0600 | ||||
(Address and telephone number of Registrant’s principal executive offices) | ||||
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i Corporation Service Company i Suite 400, i 2711 Centerville Road i Wilmington, i Delaware i 19808 ( i 800) i 927-9800 | ||||
(Name, address (including zip code) and telephone number (including area code) of agent for service in the United States) |
Securities registered or to be registered pursuant to section 12(b) of the Act:
Title Of Each Class |
| Name Of Each Exchange On Which Registered |
i Common Shares, no par value |
| i NYSE American |
Securities registered or to be registered pursuant to Section 12(g) of the Act: None
Securities for which there is a reporting obligation pursuant to Section 15(d) of the Act: None
For annual reports, indicate by check mark the information filed with this Form:
i ☒ Annual Information Form | i ☒ Audited Annual Financial Statements |
Indicate the number of outstanding shares of each of the Registrant’s classes of capital or common stock as of the close of the period covered by the annual report: i 139,470,950 Common Shares as of December 31, 2022
Indicate by check mark whether the Registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Exchange Act during the preceding 12 months (or for such shorter period that the Registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days.
i Yes ☒ |
| No ☐ |
Indicate by check mark whether the registrant has submitted electronically and posted on its corporate Web site, if any, every Interactive Data File required to be submitted and posted pursuant to Rule 405 of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that the Registrant was required to submit and post such files).
i Yes ☒ |
| No ☐ |
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 12b-2 of the Exchange Act.
| Emerging growth company i ☒ |
If an emerging growth company that prepares its financial statements in accordance with U.S. GAAP, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. i ☐
Indicate by check mark whether the registrant has filed a report on and attestation to its management’s assessment of the effectiveness of its internal control over financial reporting under Section 404(b) of the Sarbanes-Oxley Act (15 U.S.C. 7262(b)) by the registered public accounting firm that prepared or issued its audit report. i ☐
INTRODUCTORY INFORMATION
In this annual report on Form 40-F (the “Annual Report”), references to the “Company” or “Fury Gold” or the “Registrant” mean Fury Gold Mines Limited and its subsidiaries, unless the context suggests otherwise.
Fury Gold is a Canadian issuer eligible to file its annual report pursuant to Section 13 of the United States Securities Exchange Act of 1934, as amended (the “Exchange Act”), on Form 40-F pursuant to the Canada/ United States multi-jurisdictional disclosure system (the “MJDS”). Fury Gold is a “foreign private issuer” as defined in Rule 3b-4 under the Exchange Act.
PRINCIPAL DOCUMENTS
Each of the documents that are filed as exhibits to this Annual Report, as set forth in the Exhibit Index attached hereto, are incorporated by reference herein.
Document | Exhibit No. |
Annual Information Form of the Company for the year ended December 31, 2022 (the “2022 AIF”) | 99.1 |
Audited consolidated financial statements of the Company as of December 31, 2022 and December 31, 2021 for the years then ended, including the notes and the report of the Independent Registered Public Accounting Firm with respect thereto (the “Audited Consolidated Financial Statements”) | 99.2 |
Management’s Discussion and Analysis of the Company for the year ended December 31, 2022 (the “2022 MD&A”) | 99.3 |
FORWARD-LOOKING STATEMENTS
This Annual Report includes or incorporates by reference certain statements that constitute “forward-looking statements” within the meaning of Section 21E under the Exchange Act and Section 27A of the United States Securities Act of 1933, as amended. These statements appear in a number of places in this Annual Report and documents incorporated by reference herein and include statements regarding the Registrant’s intent, belief or current expectation and those of the Registrant’s officers and directors. These forward-looking statements involve known and unknown risks and uncertainties that may cause the Registrant’s actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. When used in this Annual Report or in documents incorporated by reference in this Annual Report, words such as “believe,” “anticipate,” “estimate,” “project,” “intend,” “expect,” “may,” “will,” “plan,” “should,” “would,” “contemplate,” “possible,” “attempts,” “seeks” and similar expressions are intended to identify these forward-looking statements. These forward-looking statements are based on various factors and were derived utilizing numerous assumptions that could cause the Registrant’s actual results to differ materially from those in the forward-looking statements. Accordingly, readers are cautioned not to put undue reliance on these forward-looking statements.
Investors are referred to the cautionary notes entitled “Cautionary Note Regarding Forward-Looking Statements” that are included in each of our 2022 AIF and 2022 MD&A for a discussion of these forward-looking statements and the risks that impact these forward-looking statements. Investors are also advised to carefully review and consider the risk factors identified in the 2022 AIF under the heading “Risk Factors”, in the 2022 MD&A and in the other documents incorporated by reference herein. These discussions of forward-looking statements and risk factors identify factors that could cause the Registrant’s actual results, performance and achievements to be materially different from any anticipated future results, performance or achievements expressed or implied by the forward-looking statements. The forward-looking statements contained in this Annual Report are made as of the date hereof and, accordingly, are subject to change after such date.
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Although the Registrant believes that the assumptions on which the forward-looking statements are made are reasonable, based on the information available to the Registrant on the date such statements were made, no assurances can be given as to whether these assumptions will prove to be correct. Accordingly, readers should not place undue reliance on forward-looking statements. The Registrant does not undertake to update any forward-looking statements, except as, and to the extent, required by applicable securities laws, including applicable United States federal securities laws. The forward-looking statements contained in this Annual Report and the documents incorporated by reference herein are expressly qualified by this cautionary statement.
CAUTIONARY NOTE TO UNITED STATES INVESTORS CONCERNING
ESTIMATES OF MEASURED, INDICATED AND INFERRED RESOURCES
As a British Columbia corporation and a “reporting issuer” under Canadian securities laws, the Company is required to provide disclosure regarding its mineral properties in accordance with Canadian National Instrument 43-101 Standards of Disclosure for Mineral Projects (“NI 43-101”). NI 43-101 is a rule developed by the Canadian Securities Administrators that establishes standards for all public disclosure an issuer makes of scientific and technical information concerning mineral projects. In accordance with NI 43-101, the Company uses the terms mineral reserves and resources as they are defined in accordance with the CIM Definition Standards on mineral reserves and resources (the “CIM Definition Standards”) adopted by the Canadian Institute of Mining, Metallurgy and Petroleum.
The United States Securities and Exchange Commission (the “SEC”) has adopted amendments to its disclosure rules to modernize the mineral property disclosure requirements for issuers whose securities are registered with the SEC under the Exchange Act. These amendments became effective February 25, 2020 with compliance required for the first fiscal year beginning on or after January 1, 2021 (the “SEC Modernization Rules”). The SEC Modernization Rules have replaced the historical property disclosure requirements for mining registrants that were included in SEC Industry Guide 7 (“Guide 7”), which have been rescinded. The Company is not required to provide disclosure on its mineral properties under the SEC Modernization Rules as the Company is presently a “foreign private issuer” under the Exchange Act and entitled to file reports with the SEC under the MJDS between Canada and the United States.
The SEC Modernization Rules include the adoption of terms describing mineral reserves and mineral resources that are substantially similar to the corresponding terms under the CIM Definition Standards. As a result of the adoption of the SEC Modernization Rules, SEC will now recognize estimates of “measured mineral resources”, “indicated mineral resources” and “inferred mineral resources”. In addition, the SEC has amended its definitions of “proven mineral reserves” and “probable mineral reserves” to be substantially similar to the corresponding CIM Definition Standards.
United States investors are cautioned that while the above terms are substantially similar to CIM Definition Standards, there are differences in the definitions under the SEC Modernization Rules and the CIM Definition Standards. Accordingly, there is no assurance any mineral reserves or mineral resources that the Company may report as ”proven reserves”, “probable reserves”, “measured mineral resources”, “indicated mineral resources” and “inferred mineral resources” under NI 43-101 would be the same had the Company prepared the reserve or resource estimates under the standards adopted under the SEC Modernization Rules.
United States investors are also cautioned that while the SEC will now recognize “measured mineral resources”, “indicated mineral resources” and “inferred mineral resources”, (i) a “measured mineral resource” has a higher level of confidence than that applying to either an “indicated mineral resource” or an “inferred mineral resource”, it may be converted to a “proven mineral reserve” or to a “probable mineral reserve”, (ii) an “indicated mineral resource” has a lower level of confidence than that applying to a “measured mineral resource” and may only be converted to a “probable mineral reserve”, and (iii) an “inferred mineral resource” has a lower level of confidence than that applying to an “indicated mineral resource” and must not be converted to a “mineral reserve. Mineralization described using these terms has a greater amount of uncertainty as to their existence and feasibility than mineralization that has been characterized as reserves. Accordingly, investors are cautioned not to assume that any “measured mineral resources”, “indicated mineral resources”, or “inferred mineral resources” that the Company reports are or will be economically or legally mineable.
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Further, “inferred mineral resources” have a greater amount of uncertainty as to their existence and as to whether they can be mined legally or economically. Therefore, United States investors are also cautioned not to assume that all or any part of the inferred mineral resources exist. In accordance with Canadian rules, estimates of “inferred mineral resources” cannot form the basis of feasibility or other economic studies, except in limited circumstances where permitted under NI 43-101.
For the above reasons, information contained in this Annual Report and the documents incorporated by reference herein containing descriptions of our mineral deposits may not be comparable to similar information made public by U.S. companies subject to the reporting and disclosure requirements under the United States federal securities laws and the rules and regulations thereunder.
NOTE TO UNITED STATES READERS REGARDING DIFFERENCES
BETWEEN UNITED STATES AND CANADIAN REPORTING PRACTICES
The Company is permitted to prepare this Annual Report in accordance with Canadian disclosure requirements, which are different from those of the United States. Canadian public companies are required to prepare financial statements in accordance with International Financial Reporting Standards ("IFRS"), as issued by the International Accounting Standards Board ("IASB"). Consequently, the Company’s Audited Consolidated Financial Statements have been prepared in accordance with IFRS as issued by the IASB and the audit is performed in accordance with Public Company Accounting Oversight Board (United States) (“PCAOB”) standards. IFRS differs in some respects to United States generally accepted accounting principles ("US GAAP") and from practices prescribed by the SEC. Therefore, the Company’s financial statements incorporated by reference in this Annual Report may not be comparable to financial statements prepared in accordance with US GAAP.
CURRENCY
Unless otherwise indicated, all dollar amounts in this Annual Report (including the documents incorporated by reference herein) are in Canadian dollars.
DISCLOSURE CONTROLS AND PROCEDURES
Evaluation of Disclosure Controls and Procedures
Disclosure controls and procedures are defined in Rule 13a-15(e) and 15d-15(e) under the Exchange Act to mean controls and other procedures of an issuer that are designed to ensure that information required to be disclosed by the issuer in the reports that it files or submits under the Exchange Act is recorded, processed, summarized and reported, within the time periods specified in the SEC’s rules and forms and includes, without limitation, controls and procedures designed to ensure that such information is accumulated and communicated to the issuer’s management, including its principal executive and principal financial officers, or persons performing similar functions, as appropriate to allow timely decisions regarding required disclosure.
| 4 |
At the end of the period covered by this Annual Report on Form 40-F, being the fiscal year ended December 31, 2022, an evaluation was carried out under the supervision of and with the participation of the Company’s management, including the Chief Executive Officer (“CEO”) and Chief Financial Officer (“CFO”), of the effectiveness of the design and operations of the Company’s disclosure controls and procedures (as defined in Rule 13a-15(e) and 15d-15(e) under the Exchange Act). Based on that evaluation the CEO and the CFO have concluded that, as of the end of the period covered by this Annual Report, the Company’s disclosure controls and procedures were effective to give reasonable assurance that the information required to be disclosed by the Company in reports that it files or submits to the SEC under the Exchange Act is:
| · | recorded, processed, summarized and reported within the time periods specified in the SEC’s rules and forms, and |
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| · | accumulated and communicated to our management, including our CEO and CFO, as appropriate, to allow timely decisions regarding required disclosure. |
The Company’s disclosure controls and procedures are designed to provide reasonable assurance of achieving their objectives and, as indicated in the preceding paragraph, the CEO and CFO believe that the Company’s disclosure controls and procedures are effective at that reasonable assurance level, although the CEO and CFO do not expect that the disclosure controls and procedures will prevent or detect all errors and all fraud.
It should be noted that a control system, no matter how well conceived or operated, can provide only reasonable, not absolute, assurance that the objectives of the control system are met. The Company will continue to periodically review its disclosure controls and procedures and may make such modifications from time to time as it considers necessary.
Management’s Annual Report on Internal Control Over Financial Reporting
The disclosure provided in Section 12 of the 2022 MD&A (see Exhibit 99.3) regarding “Internal control over financial reporting” is hereby incorporated by reference.
Auditor’s Attestation Report
This Annual Report does not include an attestation report of the Company’s registered public accounting firm regarding internal control over financial reporting. Management’s report was not subject to attestation by the Company’s independent auditor as the Company is an “emerging growth company”, as defined under the Exchange Act, and is not required under Section 404(b) of the Sarbanes-Oxley Act of 2002, as amended, to include an auditor attestation report on the Company’s internal control over financial reporting.
Changes in Internal Control Over Financial Reporting
There was no change in the Company’s internal control over financial reporting that occurred during the twelve month period covered by this Annual Report that has materially affected, or is reasonably likely to materially affect, the Company’s internal control over financial reporting.
BENEFIT PLAN BLACKOUT PERIODS
Not applicable.
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AUDIT COMMITTEE
The Company’s Board of Directors has established a separately designated Audit Committee of the Board in accordance with Section 3(a)(58)(A) of the Exchange Act and Section 802(B)(2) of the NYSE American Company Guide.
The Company's Audit Committee comprises three directors that the Board of Directors have determined are independent as determined under each of Rule 10A-3 under the Exchange Act and Section 803(A) of the NYSE American Company Guide:
| · | Steve Cook (Chair) |
| · | Michael Hoffman |
| · | Jeffrey Mason |
AUDIT COMMITTEE FINANCIAL EXPERT
The Company’s Board of Directors has determined that Steve Cook, the Chair of the Audit Committee of the Board, is an audit committee financial expert (as that term is defined in Item 407 of Regulation S-K under the Exchange Act) and is an independent director under applicable laws and regulations and the requirements of the NYSE American. Please see “Committees of the Board – Audit Committee - Relevant Education and Experience of Audit Committee Members” in the 2022 AIF (see Exhibit 99.1).
PRINCIPAL ACCOUNTING FEES AND SERVICES
The disclosure included in the “Committees of the Board – Audit Committee - External Auditor Service Fees” section in the 2022 AIF (see Exhibit 99.1) is hereby incorporated by reference. The Company’s auditors are Deloitte LLP (PCAOB ID No. i 1208).
Audit Committee Pre-Approval Policies
The disclosure included in the “Committees of the Board – Audit Committee – Pre-Approval Policies and Procedures” section in the 2022 AIF (see Exhibit 99.1) is incorporated by reference.
OFF-BALANCE SHEET ARRANGEMENTS
The Company has not entered into any off-balance sheet arrangements that have or are reasonably likely to have a current or future effect on our financial condition, changes in financial condition, revenues, expenses, results of operations, liquidity, capital expenditures or capital resources that is material to investors.
CONTRACTUAL OBLIGATIONS
The Company, from time to time, will enter into short-term contracts with suppliers of goods and services related to its corporate and geologic operations. All these contracts are short-term in nature and do not represent contractual obligations beyond amounts payable for goods and services received. Any amounts owing are included in the Company’s accounts payable and accrued liabilities as presented within its Audited Consolidated Financial Statements of the Company and the notes thereto for the year ended December 31, 2022 (see Exhibit 99.2). All other material contracts and the discussion of the obligations associated with them are included in the 2022 MD&A (See Exhibit 99.3).
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CODE OF BUSINESS CONDUCT AND ETHICS
Adoption of Code of Ethics
The Company has adopted a Code of Business Conduct and Ethics (the “Code of Ethics”) for all its directors, executive officers and employees. The Code of Ethics complies with Section 807 of the NYSE American Company Guide. The Code of Ethics meets the requirements for a “code of ethics” within the meaning of that term in Form 40-F. The text of the Code of Ethics is posted on the Company's website at “www.furygoldmines.com/corporate/corporate-governance/”.
Amendments or Waivers
No substantive amendments were made to the Company’s Code of Ethics during the fiscal year ended December 31, 2022, and no waivers of the Company’s Code of Ethics were granted to any principal officer of the Company or any person performing similar functions during the fiscal year ended December 31, 2022.
INTERACTIVE DATA FILE
The Registrant is submitting as Exhibit 101 to this Annual Report on Form 40-F its Interactive Data File.
NYSE AMERICAN CORPORATE GOVERNANCE
The Company’s common shares are listed for trading on the NYSE American. Section 110 of the NYSE American Company Guide permits the NYSE American to consider the laws, customs and practices of foreign issuers in relaxing certain NYSE American listing criteria, and to grant exemptions from NYSE American listing criteria based on these considerations. A foreign issuer seeking relief under these provisions is required to provide written certification from independent local counsel that the non-complying practice is not prohibited by home country law.
The Company has the following corporate governance practices that do not comply with NYSE American corporate governance practices for U.S. domestic companies:
| · | Upon listing, the Company received an exemption from its quorum requirements for meetings of shareholders. Under the NYSE American listing standards, the minimum recommended quorum requirement is one third of shareholders entitled to vote. The Company did not meet this requirement and was granted relief from this listing standard. Subsequent to obtaining this relief, the Company increased its quorum requirements from 5% to 25% of the issued shares, as follows: |
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| “Subject to the special rights and restrictions attached to the shares of any class or series of shares, the quorum for the transaction of business at a meeting of shareholders is two persons who are, or who represent by proxy, shareholders who, in the aggregate, hold at least 25% of the issued shares entitled to be voted at the meeting.” |
In addition, Section 713 of the NYSE American Company Guide requires that the Company obtain the approval of its shareholders for share issuances equal to 20 percent or more of presently outstanding shares for a price which is less than the greater of book or market value of the shares. This requirement does not apply to public offerings. There is no such requirement under British Columbia law or under the Company’s home stock exchange rules (Toronto Stock Exchange) unless the dilutive financing (i) materially affects the control of the Company, or (ii) results in the issuance of 25% of the outstanding common shares of the Company, on a non-diluted basis. The Company intends to seek a waiver from NYSE American’s section 713 requirements should a dilutive private placement financing trigger the NYSE American shareholders’ approval requirement in circumstances where the same financing does not trigger such a requirement under British Columbia law or under the Company’s home country stock exchange rules.
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Except as disclosed above, the Company believes that there are otherwise no significant differences between its corporate governance policies and those required to be followed by United States domestic issuers listed on the NYSE American.
The Company’s governance practices also differ from those followed by U.S. domestic companies pursuant to NYSE American listing standards in the following manner, although the Company does not believe such differences to be significant:
Solicitation of Proxies
NYSE American requires the solicitation of proxies and delivery of proxy statements for all shareholder meetings, and requires that these proxies shall be solicited pursuant to a proxy statement that conforms to applicable SEC proxy rules. The Company is a foreign private issuer as defined in Rule 3b-4 under the Exchange Act, and the equity securities of the Company are accordingly exempt from the proxy rules set forth in Sections 14(a), 14(b), 14(c) and 14(f) of the Exchange Act. The Company solicits proxies in accordance with applicable rules and regulations in Canada.
MINE SAFETY DISCLOSURE
Pursuant to Section 1503(a) of the Dodd-Frank Wall Street Reform and Consumer Protection Act 2010, issuers that are operators, or that have a subsidiary that is an operator, of a coal or other mine in the United States are required to disclose in their periodic reports filed with the SEC information regarding specified health and safety violations, orders and citations, related assessments and legal actions, and mining-related fatalities under the regulation of the Federal Mine safety and Health Administration under the Federal Mine Safety and Health Act of 1977, as amended.
The Company was not the operator of a mine in the United States during the fiscal year ended December 31, 2022.
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UNDERTAKING AND CONSENT TO SERVICES OF PROCESS
A. UNDERTAKING
The Registrant undertakes to make available, in person or by telephone, representatives to respond to inquiries made by the Commission staff, and to furnish promptly, when requested to do so by the Commission staff, information relating to the securities in relation to which the obligation to file an Annual Report on Form 40-F arises, or transactions in said securities.
B. CONSENT TO SERVICE OF PROCESS
The Company previously filed an Appointment of Agent for Service of Process and Undertaking on Form F-X signed by the Company and its agent for service of process with respect to the class of securities in relation to which the obligation to file this Annual Report arises, which Form F-X is incorporated herein by reference. Any change to the name or address of the Company’s agent for service shall be communicated promptly to the Commission by amendment to Form F-X referencing the file number of the Company.
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SIGNATURES
Pursuant to the requirements of the Exchange Act, the Registrant certifies that it meets all of the requirements for filing on Form 40-F and has duly caused this Annual Report to be signed on its behalf by the undersigned, thereunto duly authorized.
Date: March 24, 2023 | FURY GOLD MINES LIMITED |
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| By: | /s/ “Lynsey Sherry” |
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| Lynsey Sherry |
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| Chief Financial Officer |
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| 10 |
Exhibit Number |
| Exhibit Description |
| Annual Information Form of the Company for the year ended December 31, 2022 | |
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| Management’s Discussion and Analysis for the fiscal year ended December 31, 2022 | |
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101 |
| Interactive Data Files with respect to the Consolidated Audited Financial Statements for the Years Ended December 31, 2022 and 2021 |
| 11 |
| This ‘40-F’ Filing | Date | Other Filings | ||
|---|---|---|---|---|
 | ||||
| Filed as of: | 3/27/23 | |||
| Filed on: | 3/24/23 | |||
| For Period end: | 12/31/22 | |||
| 12/31/21 | 40-F | |||
| 1/1/21 | ||||
| 2/25/20 | ||||
| List all Filings | ||||
As Of Filer Filing For·On·As Docs:Size Issuer Filing Agent 10/13/23 Fury Gold Mines Ltd. F-10/A 6:758K Newsfile Corp./FA 6/15/23 Fury Gold Mines Ltd. F-10 11:1.1M Newsfile Corp./FA |