Pure Gold Mining Inc. Director/PDMR Shareholding (5609A)

TIDMPUR

RNS Number : 5609A

Pure Gold Mining Inc.

30 September 2020

PDMR SECURITY DEALING ANNOUNCEMENT

30 September, 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 
 Kenneth Donner     Operations         option awards           300,000     0.72 
                  -----------------  -----------------------  ----------  ---------------- 
   Disposal of 
    Common Shares                                              300,000     2.32 
  ----------------------------------------------------------  ----------  ---------------- 
 

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) [phone]

Charlie Bendon

Richard Greenfield

Peel Hunt LLP (Corporate Brokers) [phone]

Ross Allister

David McKeown

Investor inquiries:

Adrian O'Brien, Director of Marketing & Communications

Tel: [phone]

[e-mail]

Media inquiries:

Gareth Tredway / Annabel de Morgan - Tavistock

Tel: [phone]

[e-mail]

Notification of dealings in shares by PDMR's of the Company:

 
1.         Details of PDMR / PDMR Associate 
=========  ==================================================================== 
(a)        Name                             Kenneth Donner 
=========  =============================  ===================================== 
(b)        Position / status                Vice President, Operations 
=========  =============================  ===================================== 
(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$0.72 
            volume(s)                        Volume: 300,000 
=========  =============================  ===================================== 
(d)        Aggregated information           Price: C$0.72 
            Aggregated volume                Volume: 300,000 
            Price                            Total: C$216,000 
=========  =============================  ===================================== 
(e)        Date of the transaction          2020-09-29 
=========  =============================  ===================================== 
(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$2.33 
            volume(s)                        Volume: 122,900 
      (d)  Aggregated information           Price: C$2.33 
            Aggregated volume                Volume: 122,900 
            Price                            Total: C$286,357 
           =============================  ===================================== 
      (e)  Date of the transaction          2020-09-25 
=========  =============================  ===================================== 
      (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$2.31 Volume: 142,300 
            volume(s) 
(d)        Aggregated information           Price: C$2.31 
            Aggregated volume                Volume: 142,300 
            Price                            Total: C$328,713 
           =============================  ===================================== 
(e)        Date of the transaction          2020-09-28 
=========  =============================  ===================================== 
(f)        Place of the                     Canada 
            transaction 
=========  =============================  ===================================== 
5.           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                    Disposal of Common Shares 
            transaction 
=========  =============================  ===================================== 
(i)        Price(s) and                     Price: C$2.29 
            volume(s)                        Volume: 34,800 
(j)        Aggregated information           Price: C$2.29 
            Aggregated volume                Volume: 34,800 
            Price                            Total: C$79,692 
           =============================  ===================================== 
(k)        Date of the transaction          2020-09-29 
=========  =============================  ===================================== 
(l)        Place of the                     Canada 
            transaction 
=========  =============================  ===================================== 
 

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September 30, 2020 02:00 ET (06:00 GMT)