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IN BRIEF: Pure Gold raises CAD20 million after share sale

8th Sep 2021 18:12

Pure Gold Mining Inc - Vancouver, Canada-based gold miner - Says National Bank Financial Inc to buy 19 million shares at CAD1.05 each, in a deal worth CAD20 million. Says proceeds raised from the offering will be used to fund the continued ramp up of operations at its PureGold mine project located in Red Lake, Ontario, underground drilling and development of the high-grade 8 zone and for general corporate purposes.

Current stock price: 58.40 pence, down 20% on Wednesday

Year-to-date change: down 61%

By Arvind Bhunjun; [email protected]

Copyright 2021 Alliance News Limited. All Rights Reserved.


Related Shares:

PUR.L
FTSE 100 Latest
Value8,809.74
Change53.53