11 Mar 2021 07:00
PDMR SECURITY DEALING ANNOUNCEMENT
March 11, 2021
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 shares | Price per share (C$) |
Phil Smerchanski
| Vice President, Exploration
| Exercise of option awards | 500,000 | 0.44 |
Exercise of option awards | 200,000 | 0.63 | ||
Disposal of Common Shares
| 120,000 | 1.83 | ||
140,000 | 1.802 | |||
62,000 | 1.875 |
About Pure Gold
PureGold is a growth company, located in the very heart of Red Lake, Canada. Our objective is pure and simple. To develop a highly-profitable long life gold mining company, becoming Canada's next iconic gold producer. Our plan is very disciplined, very methodical and financially sound. To expand organically, and develop PureGold's multi-million ounce high grade gold asset incrementally, step-by-step, using a phased mining development plan to deliver maximum return.
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: 604-401-2539
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 / 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 | Exercise of Options |
(c) | Price(s) and volume(s) | Price: C$0.44 Volume: 500,000 Price: C$0.63 Volume: 200,000 |
(d) | Aggregated information Aggregated volume Price | Price: C$0.494 Volume: 700,000 Total: C$346,000 |
(e) | Date of the transaction | 2021-03-04 |
(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: C$1.850 Volume: 40,000 Price: C$1.840 Volume: 20,000 Price: C$1.820 Volume: 10,300 Price: C$1.810 Volume: 29,700 Price: C$1.800 Volume: 20,000 |
(d) | Aggregated information Aggregated volume Price | Price: C$1.83 Volume: 120,000 Total: C$145,200 |
(e) | Date of the transaction | 2021-03-05 |
(f) | Place of the transaction | Canada |
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 the financial instrument | Common Shares |
(b) | Nature of the transaction | Disposal of Common Shares |
(c) | Price(s) and volume(s) | Price: C$1.825 Volume: 2200 Price: C$1.820 Volume: 17800 Price: C$1.815 Volume: 12100 Price: C$1.810 Volume: 33400 Price: C$1.805 Volume: 10200 Price: C$1.800 Volume: 8400 Price: C$1.790 Volume: 5900 Price: C$1.770 Volume: 20000 |
(d) | Aggregated information Aggregated volume Price | Price: C$1.802 Volume: 140,000 Total: C$252,319 |
(e) | Date of the transaction | 2021-03-08 |
(f) | Place of the transaction | Canada |
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 the financial instrument | Common Shares |
(h) | Nature of the transaction | Disposal of Common Shares |
(i) | Price(s) and volume(s) | Price: $1.910 Volume: 12,000 Price: $1.890 Volume: 10,000 Price: $1.870 Volume: 20,000 Price: $1.855 Volume: 300 Price: $1.850 Volume: 19,700 |
(j) | Aggregated information Aggregated volume Price | Price: C$1.875 Volume: 62,000 Total: C$116,222 |
(k) | Date of the transaction | 2021-03-09 |
(l) | Place of the transaction | Canada |