Fury Explorations Ltd.

Fury Explorations Ltd.
Golden Predator Mines Inc.

Golden Predator Mines Inc.

January 17, 2008 15:47 ET

Fury and Golden Predator Terminate Merger Negotiations

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Jan. 17, 2008) - Fury Explorations Ltd. ("Fury") (TSX VENTURE:FUR) and Golden Predator Mines, Inc. ("Golden Predator") advise that they have elected not to proceed with the merger, previously announced January 7, 2008.

Forward-Looking Statements: Statements in this release that are forward-looking statements are subject to various risks and uncertainties concerning the specific factors disclosed under the heading "Risk Factors" and elsewhere in the corporations' periodic filings with Canadian Securities Regulators. Such information contained herein represents management's best judgment as of the date hereof based on information currently available. Statements in this press release other than purely historical information, including statements relating to the company's future plans and objectives or expected results, constitute forward-looking statements. Forward looking statements are based on numerous assumptions and are subject to all of the risks and uncertainties inherent in the company's business, including risks inherent in mineral exploration and development. The company does not assume the obligation to update any forward-looking statement.

The TSX Venture Exchange has in no way passed upon the merits of the proposed transaction and has neither approved nor disapproved the contents of this press release.

Contact Information

  • Fury Explorations Ltd.
    Steve Vanry, CFA
    President and CEO
    (604) 689-1810
    Website: www.furyexplorations.com
    Golden Predator Mines, Inc.
    William M. Sheriff
    President and CEO
    (972) 333-2214