Pure Gold Mining Inc. Director/PDMR Shareholding (7729A)

TIDMPUR

RNS Number : 7729A

Pure Gold Mining Inc.

01 October 2020

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   Price per share 
                                                                  shares      (C$) 
                     Vice President,    Disposal of 
 Phil Smerchanski     Exploration        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) [phone]

Charlie Bendon

Richard Greenfield

Peel Hunt LLP (Corporate Brokers) [phone]

Ross Allister

David McKeown

Investor inquiries:

Adam Buchanan, Manager, Investor Relations

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                         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                Disposal of Common Shares 
      transaction 
===  =========================  ========================================= 
(c)  Price(s) and                   Price:   $2.365   Volume:      200 
      volume(s)                      Price:   $2.360   Volume:    9,800 
                                     Price:   $2.355   Volume:      100 
                                     Price:   $2.350   Volume:   19,900 
                                     Price:   $2.335   Volume:      300 
                                     Price:   $2.330   Volume:    9,700 
                                     Price:   $2.320   Volume:   10,000 
                                     Price:   $2.300   Volume:   10,000 
===  =========================  ========================================= 
(d)  Aggregated information       Price: C$2.335 
      Aggregated volume            Volume: 60,000 
      Price                        Total: C$140,100 
===  =========================  ========================================= 
(e)  Date of the transaction      2020-09-25 
===  =========================  ========================================= 
(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: $2.300 Volume: 30,000 
      volume(s)                    Price: $2.295 Volume: 700 
                                   Price: $2.290 Volume: 19,300 
(d)  Aggregated information       Price: C$2.296 
      Aggregated volume            Volume: 50,000 
      Price                        Total: C$114,803.50 
     =========================  ========================================= 
(e)  Date of the transaction      2020-09-28 
===  =========================  ========================================= 
(f)  Place of the                 Canada 
      transaction 
===  =========================  ========================================= 
 

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October 01, 2020 02:00 ET (06:00 GMT)