Fury CEO Tim Clark and QPM CEO Normand Champigny, along with Fury SVP Exploration Bryan Atkinson, explain why Fury acquiring QPM makes sense for the shareholders of both companies. Bill Powers conducted the interview at PDAC 2025.
Tim Clark, CEO of Fury, commented: “This Transaction is an exciting opportunity given it doubles Fury’s land package in the Eeyou Istchee territory in the James Bay Region of Quebec and unites complementary assets, teams, and investor bases which should ultimately increase shareholder value at both companies. Combining QPM’s gold and critical minerals portfolio of exploration projects with Fury’s projects and strong balance sheet will not only help improve cost efficiency but also add to the potential for new discoveries.”
Normand Champigny, CEO and Director of QPM, commented: “We are very pleased to be entering this combination with Fury. By combining with Fury, QPM’s shareholders will benefit from the synergies and cost savings of leveraging the combined company’s excellent management team for funding and obtaining required permits to continue drilling at Sakami. We believe that the Transaction with Fury offers for QPM shareholders a high potential for share price appreciation in the current gold market environment. The Transaction demonstrates the progress made with our exploration work to date. Fury has the ability to rapidly advance our assets to identify a large gold mineral resource.”
Sponsor: https://furygoldmines.com/
Ticker: FURY
Quebec Precious Metals: https://www.qpmcorp.ca/en/
Press Releases discussed: https://furygoldmines.com/fury-gold-mines-limited-to-acquire-quebec-precious-metals-corporation/
0:00 Intro
0:51 Rationale for Fury’s acquisition of QPM
2:53 QPM’s Sakami gold project
3:47 QPM’s Kipawa REE project
5:17 Fury to “focus on gold in James Bay”
6:31 Normand Champigny will be Fury advisor
7:19 Eleonore South drilling ongoing
7:43 Major interest in Committee Bay project
8:18 BMO & PDAC: “a lot of excitement”
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