Fury Explorations Ltd.

Fury Explorations Ltd.

July 19, 2007 11:13 ET

Fury Appoints O&M Partners of New York

VANCOUVER, BRITISH COLUMBIA--(Marketwire - July 19, 2007) - Fury Explorations Ltd. (the "Company") (TSX VENTURE:FUR) announces that it has engaged O&M Partners LLC to assist with initiating contacts and meetings with institutional investors in the United States and Europe.

New York based O&M Partners LLC is a buyside consulting firm specializing in the junior resource sector. Since 1996, O&M has been bringing small cap equities to the institutional investment community across the United States and select European and U.K. markets. For the past four years, O&M has been in the forefront of helping introduce senior management of natural resource and mining companies to both specialist and generalist institutional investors.

Terms of the one-year engagement agreement include a total fee of US$70,000 and 250,000 incentive stock options to be granted in two tranches; 150,000 on signing of the agreement and 100,000 on the six-month anniversary of the agreement date. The options will be effective for a 2-year period from the date of grant and vest in equal stages over 12-months. This agreement remains subject to the approval of the TSX Venture Exchange.


On Behalf of the Board,

Steve Vanry, CFA - President

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 not reviewed and does not accept responsibility for the adequacy or accuracy of this release.

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