Golden Predator Mines Inc.
TSX : GP

Golden Predator Mines Inc.
Fury Explorations Ltd.
TSX VENTURE : FUR

Fury Explorations Ltd.

July 11, 2008 09:45 ET

Golden Predator and Fury Explorations Ltd. Sign Definitive Agreement for Business Combination

VANCOUVER, BRITISH COLUMBIA--(Marketwire - July 11, 2008) - Golden Predator Mines Inc. (TSX:GP) and Fury Explorations Ltd. (TSX VENTURE:FUR) are pleased to announce that they have signed a definitive agreement dated July 8, 2008 relating to the business combination of the two companies. The terms of the business combination agreement remain essentially unchanged from the letter of intent announced on May 30, 2008.

Fury is currently preparing a circular for distribution to its securityholders in respect of a special meeting to approve the business combination. The special meeting has been scheduled for August 8, 2008.

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

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