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FURY vs VALE

Fury Gold Mines Limited and VALE S.A.

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Fury Gold Mines Limited

Fury Gold Mines Limited, together with its subsidiaries, engages in acquisition and exploration of resource projects in Canada. Its principal projects include the 100% owned Éléonore South project that includes 282 claims covering an area of approximately 14,760 hectares located in the James Bay region of Quebec; the Committee Bay project consists of 156 claims and 57 crown leases with an area of approximately 254,623.05 hectares located in Nunavut; and the Eau Claire project comprise 446 claims totaling approximately 23,284 hectares located in Quebec. The company was formerly known as Auryn Resources Inc. and changed its name to Fury Gold Mines Limited in October 2020. Fury Gold Mines Limited was incorporated in 2008 and is headquartered in Toronto, Canada.

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VALE S.A.

Vale S.A., together with its subsidiaries, produces iron ore and nickel in Asia, the Americas, Europe, and internationally. It operates through Iron Solutions and Energy Transition Materials segments. The company extracts and produces iron ore, iron ore pellets, briquettes, and other ferrous products; provides logistic related services; and operates mining complexes, railways, maritime terminals, and ports. It also produces nickel, copper, and cobalt, as well as by-products, such as gold, silver, platinum group metals, and other precious metals. In addition, the company engages in greenfield mineral exploration; invests in energy businesses through renewable sources; and operates pelletizing plants and distribution centers to support the delivery of iron ore. The company was formerly known as Companhia Vale do Rio Doce and changed its name to Vale S.A. in May 2009. Vale S.A. was founded in 1942 and is headquartered in Rio De Janeiro, Brazil.

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