1st Oct 2020 07:00
PDMR SECURITY DEALING ANNOUNCEMENT
1 October, 2020
PDMR Share Dealing
Pure Gold Mining, Inc. ("Pure Gold" or "Company") announces the disposal of shares by certain persons discharging managerial responsibilities in the Company as follows:
Name | Role | Nature of transaction | Number of shares | Price per share (C$) |
Phil Smerchanski
| Vice President, Exploration
| Disposal of Common Shares
| 60,000 | 2.335 |
Disposal of Common Shares
| 50,000 | 2.296 |
About Pure Gold
The PureGold Mine, located in the heart of Red Lake Ontario, is Canada's next gold mine. Fully funded, the project is on track to deliver near term gold production into a rising Canadian gold price environment, with first gold pour scheduled for late 2020. The orebody is situated within a seven-kilometre-long gold system that is wide open for expansion at depth and along strike, and multiple discoveries by the Company suggest potential opportunities for near-term growth.
Additional information about the Company and its activities may be found on the Company's website at www.puregoldmining.ca and under the Company's profile at www.sedar.com.
For Further Information
Tamesis Partners LLP (Corporate Brokers) +44 20 3882 2868
Charlie Bendon
Richard Greenfield
Peel Hunt LLP (Corporate Brokers) +44 20 7418 8900
Ross Allister
David McKeown
Investor inquiries:
Adam Buchanan, Manager, Investor RelationsTel: 604-646-8000
Media inquiries:
Gareth Tredway / Annabel de Morgan - Tavistock
Tel: +44 (0) 20 7920 3150
Notification of dealings in shares by PDMR's of the Company:
1. | Details of PDMR / PDMR Associate | |||||||||||||||||||||||||||||||||
(a) | Name | Phil Smerchanski | ||||||||||||||||||||||||||||||||
(b) | Position / status | Vice President, Exploration | ||||||||||||||||||||||||||||||||
(c) | Initial notification / amendment | Initial Notification | ||||||||||||||||||||||||||||||||
2. | Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted | |||||||||||||||||||||||||||||||||
(a) | Description of the financial instrument | Common Shares | ||||||||||||||||||||||||||||||||
(b) | Nature of the transaction | Disposal of Common Shares | ||||||||||||||||||||||||||||||||
(c) | Price(s) and volume(s) |
| ||||||||||||||||||||||||||||||||
(d) | Aggregated information Aggregated volume Price | Price: C$2.335 Volume: 60,000 Total: C$140,100 | ||||||||||||||||||||||||||||||||
(e)
| Date of the transaction | 2020-09-25 | ||||||||||||||||||||||||||||||||
(f) | Place of the transaction | Canada | ||||||||||||||||||||||||||||||||
3. | Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted | |||||||||||||||||||||||||||||||||
(a) | Description of the financial instrument | Common Shares | ||||||||||||||||||||||||||||||||
(b) | Nature of the transaction | Disposal of Common Shares | ||||||||||||||||||||||||||||||||
(c) | Price(s) and volume(s) | Price: $2.300 Volume: 30,000 Price: $2.295 Volume: 700 Price: $2.290 Volume: 19,300 | ||||||||||||||||||||||||||||||||
(d) | Aggregated information Aggregated volume Price | Price: C$2.296 Volume: 50,000 Total: C$114,803.50 | ||||||||||||||||||||||||||||||||
(e) | Date of the transaction | 2020-09-28 | ||||||||||||||||||||||||||||||||
(f) | Place of the transaction | Canada | ||||||||||||||||||||||||||||||||
Related Shares:
PUR.L