Pure Gold Mining Inc. PDMR Share Dealing (0382C)

TIDMPUR

RNS Number : 0382C

Pure Gold Mining Inc.

14 October 2020

PDMR SECURITY DEALING ANNOUNCEMENT

14 October 2020

PDMR Share Dealing

Pure Gold Mining, Inc. ("Pure Gold" or "Company") announces the exercise of option awards by a person discharging managerial responsibilities in the Company as follows:

 
 Name           Role        Nature of transaction    Number of   Price per share 
                                                      shares      (C$) 
                            Exercise of 
 Troy Fierro    Director     option awards           250,000     0.11 
               ----------  -----------------------  ----------  ----------------

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) +44 20 3882 2868

Charlie Bendon

Richard Greenfield

Peel Hunt LLP (Corporate Brokers) +44 20 7418 8900

Ross Allister

David McKeown

Investor inquiries:

Adrian O'Brien, Director of Marketing and Communications

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                                  Troy Fierro 
===  ==================================  ================================ 
(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: 250,000 
===  ==================================  ================================ 
(d)  Aggregated information                Price: C$0.11 
      Aggregated volume                     Volume: 250,000 
      Price                                 Total: C$27,500 
===  ==================================  ================================ 
(e)  Date of the transaction               2020-10-07 
===  ==================================  ================================ 
(f)  Place of the                          Canada 
      transaction 
===  ==================================  ================================

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END

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