Pure Gold Mining Inc. PDMR Share Dealing (7008B)

TIDMPUR

RNS Number : 7008B

Pure Gold Mining Inc.

09 October 2020

PDMR SECURITY DEALING ANNOUNCEMENT

9 October 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$) 
                              Exercise of 
 Graeme Currie    Director     option awards           450,000     0.11 
                 ----------  -----------------------  ----------  ---------------- 
   Disposal of 
    Common Shares                                      235,000     2.187 
  --------------------------------------------------  ----------  ---------------- 
 

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 and 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                               Graeme Currie 
===  ===============================  =================================== 
(b)  Position / status                  Director 
===  ===============================  =================================== 
(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$0.11 
      volume(s)                          Volume: 450,000 
===  ===============================  =================================== 
(d)  Aggregated information             Price: C$0.11 
      Aggregated volume                  Volume: 450,000 
      Price                              Total: C$49,500 
===  ===============================  =================================== 
(e)  Date of the transaction            2020-10-05 
===  ===============================  =================================== 
(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$2.23 
      volume(s)                          Volume: 75,000 
(d)  Aggregated information             Price: C$2.23 
      Aggregated volume                  Volume: 75,000 
      Price                              Total: C$167,250 
     ===============================  =================================== 
(e)  Date of the transaction            2020-10-05 
===  ===============================  =================================== 
(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 
     ==================================================================== 
(g)  Description of                     Common Shares 
      the financial 
      instrument 
===  ===============================  =================================== 
(h)  Nature of the                      Disposal of Common Shares 
      transaction 
===  ===============================  =================================== 
(i)  Price(s) and                       Price: C$2.14 
      volume(s)                          Volume: 75,000 
(j)  Aggregated information             Price: C$2.14 
      Aggregated volume                  Volume: 75,000 
      Price                              Total: C$160,500 
     ===============================  =================================== 
(k)  Date of the transaction            2020-10-06 
===  ===============================  =================================== 
(l)  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 
===  ==================================================================== 
(m)  Description of                     Common Shares 
      the financial 
      instrument 
===  ===============================  =================================== 
(n)  Nature of the                      Disposal of Common Shares 
      transaction 
===  ===============================  =================================== 
(o)  Price(s) and                       Price: C$2.17 
      volume(s)                          Volume: 50,000 
(p)  Aggregated information             Price: C$2.17 
      Aggregated volume                  Volume: 50,000 
      Price                              Total: C$108,500 
     ===============================  =================================== 
(q)  Date of the transaction            2020-10-07 
===  ===============================  =================================== 
(r)  Place of the                       Canada 
      transaction 
===  ===============================  =================================== 
6.     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 
===  ==================================================================== 
(s)  Description of                     Common Shares 
      the financial 
      instrument 
===  ===============================  =================================== 
(t)  Nature of the                      Disposal of Common Shares 
      transaction 
===  ===============================  =================================== 
(u)  Price(s) and                       Price: C$2.22 
      volume(s)                          Volume: 35,000 
(v)  Aggregated information             Price: C$2.22 
      Aggregated volume                  Volume: 35,000 
      Price                              Total: C$77,700 
     ===============================  =================================== 
(w)  Date of the transaction            2020-10-08 
===  ===============================  =================================== 
(x)  Place of the                       Canada 
      transaction 
===  ===============================  =================================== 
 

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October 09, 2020 12:40 ET (16:40 GMT)