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PUR Pure Gold Mining Inc.

0.60
0.00 (0.00%)
26 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Pure Gold Mining Inc. LSE:PUR London Ordinary Share CA74624E1007 COM SHS NPV (DI)
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0.60 0.00 01:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

Pure Gold Mining Inc. Director/PDMR Shareholding (3412H)

24/03/2020 7:00am

UK Regulatory


Pure Gold Mining (LSE:PUR)
Historical Stock Chart


From Apr 2019 to Apr 2024

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TIDMPUR

RNS Number : 3412H

Pure Gold Mining Inc.

24 March 2020

PDMR SECURITY DEALING ANNOUNCEMENT

24 March 2020

PDMR Share Dealing

Pure Gold Mining, Inc. ("Pure Gold" or "Company") announces the exercise of option awards and the disposal of shares by certain persons discharging managerial responsibilities in the Company as follows:

 
 Name                Role                    Nature of transaction    Number of   Price per share 
                                                                       shares      (C$) 
                     Vice President,         Exercise of 
 Phil Smerchanski     Exploration             option awards           150,000     0.28 
                    ----------------------  -----------------------  ----------  ---------------- 
                                             Disposal of 
                                              Common Shares           50,000      0.62 
                                            -----------------------  ----------  ---------------- 
                                                                      32,000      0.62 
  -----------------------------------------------------------------  ----------  ---------------- 
                     Chief Financial         Exercise of 
 Sean Tetzlaff        Officer & Secretary     option awards           150,000     0.28 
                    ----------------------  -----------------------  ----------  ---------------- 
                                             Exercise of 
 Lenard Boggio       Director                 option awards           250,000     0.11 
                    ----------------------  -----------------------  ----------  ---------------- 
 

About Pure Gold

Pure Gold is a Canadian focused gold developer. The Madsen Red Lake Gold Mine has historical production of 2.6 million ounces of gold and a current indicated resource of 2,063,000 ounces gold at 8.9 g/t gold (in 7.2 million tonnes), an inferred resource of 467,000 ounces gold at 7.7 g/t gold (in 1.9 million tonnes), in both cases inclusive of mineral reserves, and benefits from existing infrastructure including a mill and tailings facility, paved highway access, and access to power, water and experienced labour.

The recently released Feasibility Study for the Madsen Red Lake Gold Mine outlines an 800 tonne per day underground mining operation with a 12 year mine life, Probable Mineral Reserves of one million ounces of gold grading 9 g/t in 3.5 million tonnes, and a low initial capital, putting the Madsen Red Lake Mine firmly on the path to becoming Canada's next gold mine.

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 Relations

Tel: 604-646-8000

info@puregoldmining.ca

Media inquiries:

Gareth Tredway / Annabel de Morgan - Tavistock

Tel: +44 (0) 20 79207150

puregold@tavistock.com

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              Initial Notification 
      / 
      amendment 
===  ==============================  ==================================== 
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                    Common Shares 
      the financial 
      instrument 
===  ==============================  ==================================== 
(b)  Nature of the                     Exercise of Options 
      transaction 
===  ==============================  ==================================== 
(c)  Price(s) and                      Price: C$0.28 
      volume(s)                         Volume: 150,000 
===  ==============================  ==================================== 
(d)  Aggregated information            Price: C$0.28 
      Aggregated volume                 Volume: 150,000 
      Price                             Total: C$42,000 
===  ==============================  ==================================== 
(e)  Date of the transaction           2020-03-17 
===  ==============================  ==================================== 
(f)  Place of the                      Canada 
      transaction 
===  ==============================  ==================================== 
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                    Common Shares 
      the financial 
      instrument 
===  ==============================  ==================================== 
(b)  Nature of the                     Disposal of Common Shares 
      transaction 
===  ==============================  ==================================== 
(c)  Price(s) and                      Price: C$0.60 
      volume(s)                         Volume: 25,000 
                                        Price: C$0.64 
                                        Volume: 9,500 
                                        Price: C$0.65 
                                        Volume: 15,500 
(d)  Aggregated information            Price: C$0.623 
      Aggregated volume                 Volume: 50,000 
      Price                             Total: C$31,155 
     ==============================  ==================================== 
(e)  Date of the transaction           2020-18-03 
===  ==============================  ==================================== 
(f)  Place of the                      Canada 
      transaction 
===  ==============================  ==================================== 
4.     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                    Common Shares 
      the financial 
      instrument 
===  ==============================  ==================================== 
(b)  Nature of the                     Disposal of Common Shares 
      transaction 
===  ==============================  ==================================== 
(c)  Price(s) and                      Price: C$0.62 
      volume(s)                         Volume: 25,000 
                                        Price: C$0.60 
                                        Volume: 7,000 
(d)  Aggregated information            Price: C$0.616 
      Aggregated volume                 Volume: 32,000 
      Price                             Total: C$19,700 
     ==============================  ==================================== 
(e)  Date of the transaction           2020-20-03 
===  ==============================  ==================================== 
(f)  Place of the                      Canada 
      transaction 
===  ==============================  ==================================== 
 
 
1.   Details of PDMR / PDMR Associate 
===  ==================================================================== 
(d)  Name                          Sean Tetzlaff 
===  ==========================  ======================================== 
(e)  Position / status             Chief Financial Officer & Secretary 
===  ==========================  ======================================== 
(f)  Initial notification          Initial Notification 
      / 
      amendment 
===  ==========================  ======================================== 
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 
===  ==================================================================== 
(g)  Description of                Common Shares 
      the financial 
      instrument 
===  ==========================  ======================================== 
(h)  Nature of the                 Exercise of Options 
      transaction 
===  ==========================  ======================================== 
(i)  Price(s) and                  Price: C$0.28 
      volume(s)                     Volume: 150,000 
===  ==========================  ======================================== 
(j)  Aggregated information        Price: C$0.28 
      Aggregated volume             Volume: 150,000 
      Price                         Total: C$42,000 
===  ==========================  ======================================== 
(k)  Date of the transaction       2020-03-02 
===  ==========================  ======================================== 
(l)  Place of the                  Canada 
      transaction 
===  ==========================  ======================================== 
 
 
1.   Details of PDMR / PDMR Associate 
===  ==================================================================== 
(g)  Name                                  Lenard Boggio 
===  ==================================  ================================ 
(h)  Position / status                     Director 
===  ==================================  ================================ 
(i)  Initial notification                  Initial Notification 
      / 
      amendment 
===  ==================================  ================================ 
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 
===  ==================================================================== 
(m)  Description of                        Common Shares 
      the financial 
      instrument 
===  ==================================  ================================ 
(n)  Nature of the                         Exercise of Options 
      transaction 
===  ==================================  ================================ 
(o)  Price(s) and                          Price: C$0.11 
      volume(s)                             Volume: 250,000 
===  ==================================  ================================ 
(p)  Aggregated information                Price: C$0.11 
      Aggregated volume                     Volume: 250,000 
      Price                                 Total: C$27,500 
===  ==================================  ================================ 
(q)  Date of the transaction               2020-03-12 
===  ==================================  ================================ 
(r)  Place of the                          Canada 
      transaction 
===  ==================================  ================================ 
 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

END

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March 24, 2020 03:00 ET (07:00 GMT)

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