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Dolly Varden And Fury Announce The Sale Of 17M Common Shares Of Dolly Varden Common Shares To An Institutional Investor

Benzinga Real-time News ·  Oct 3, 2022 09:28

VANCOUVER, BC / ACCESSWIRE / October 3, 2022 / Dolly Varden Silver Corporation("Dolly Varden") (TSXV:DV) (OTCQX:DOLLF) andFury Gold Mines Ltd("Fury") (TSX:FURY) (NYSE:FURY) are pleased to announce that Dolly Varden's largest shareholder, Fury, with the approval and consent of Dolly Varden, has entered into a non-brokered agreement to sell 17 million common shares at C$0.40 per share in the capital of the Dolly Varden ("Common Shares"), representing approximately 7.4% of the outstanding Common Shares, to a well known institutional investor (the "Transaction").

Fury approached Dolly Varden about the sale of a portion of its Common Shares as a way...

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