Uncategorized
Share this news article...
Share on LinkedIn
Linkedin
Share on Facebook
Facebook
Tweet about this on Twitter
Twitter
Email this to someone
email

Pure Gold Raises $1.0 Million Through Exercise of Options by Directors and Senior Management

 

 

 

 

 

Pure Gold Mining Inc. (TSX-V:PGM) is pleased to announce that the Board and Senior Management have exercised 2,910,000 options that were granted April 8 and May 14, 2014 raising $1,014,000. Over the past 60 days Directors and Senior Management of the Company have acquired and held 3,094,500 shares through option exercises and acquisitions in the public market.

 

Following these transactions, the Board and Senior Management currently own 12,018,243 shares or approximately 4.5% of the issued share capital of the Company.  The recent acquisition of shares is a strong testament to the positive fundamentals of the Madsen Red Lake Gold Project and alignment of the Board and management with all shareholders.

 

ABOUT PURE GOLD

 

Pure Gold is a TSX.V listed Canadian focused gold developer.  A recent feasibility study released by the Company outlines a long life high margin mine, with low initial capital requirements and a fast timeline to production. In addition, specific exploration targets and satellite resources not considered in the feasibility study suggest an opportunity for near-term growth to potentially further enhance the economics of the project. 

 

Our mandate is pure and simple. To dream big. To colour outside the lines. To use smart science and creativity to unlock the Madsen Gold Project in Red Lake, Ontario. And become Canada’s next iconic gold company.

 

Posted April 15, 2019

Share this news article...
Share on LinkedIn
Linkedin
Share on Facebook
Facebook
Tweet about this on Twitter
Twitter
Email this to someone
email

MORE or "UNCATEGORIZED"


Tethyan Closes C$5 Million Underwritten Private Placement

Tethyan Resources plc (TSX-V: TETH) announces the closing of its ... READ MORE

April 17, 2019

GoGold Drills 35.5m Averaging 5.04 g/t Gold Equivalent at the Recently Acquired Los Ricos

GoGold Resources Inc. (TSX: GGD) is pleased to report the assay r... READ MORE

April 17, 2019

Orvana Produces 27,302 Gold Ounces in 2nd Quarter Fiscal Year 2019

Orvana Minerals Corp. (TSX:ORV) is pleased to provide production ... READ MORE

April 17, 2019

American Lithium Reports Highest Grade Assay To-Date and Expands Discovery to Over 2.5 km Strike at TLC Project

American Lithium Corp. (TSX-V: LI) (OTCQB: LIACF) (FSE: 5LA1)&nbs... READ MORE

April 16, 2019

Sirios Extends the Contact Zone at Cheechoo

Management of SIRIOS(TSX-V: SOI)is pleased to announc... READ MORE

April 16, 2019

Copyright 2019 The Prospector News - Site design by Spyderbaby Productions