Pure Gold Mining Inc. Granting of Stock Options (0110P)
15 Junio 2022 - 8:05AM
UK Regulatory
TIDMPUR
RNS Number : 0110P
Pure Gold Mining Inc.
15 June 2022
NEWS RELEASE 22-19
June 15 , 2022
PureGold Announces Granting of Stock Options
VANCOUVER, B.C. - Pure Gold Mining Inc. (TSX-V:PGM, LSE:PUR)
("PureGold" or the "Company"), announces that the Board of
Directors has approved the grant of an aggregate of 35,450,000
stock options for incentive and operational retention purposes, to
senior mine site personnel, the executive management team, the
Board of Directors and an outside technical advisor to the Company,
pursuant to its Stock Option Plan. The stock options have an
exercise price of $0.275 and expire after five years.
About Pure Gold Mining Inc.
PureGold is a Canadian gold mining company, located in the heart
of Red Lake, Ontario, Canada. The Company owns and operates the
PureGold Mine, which entered commercial production in 2021 after
the successful construction of an 800 tpd underground mine and
processing facilities. Gold reserves and resources are centered on
a forty-seven square kilometre property with significant discovery
potential.(1)
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
1. For further information, see the technical report titled
"Madsen Gold Project Technical Report Feasibility Study for the
Madsen Deposit, Red Lake, Ontario, Canada" with an effective date
of February 5, 2019, and dated July 5, 2019 (the "Feasibility
Study"), for further information please see puregoldmining.ca or
under the Company's Sedar profile at www.sedar.com
ON BEHALF OF THE BOARD
"Mark O'Dea"
Mark O'Dea, President & CEO
Investor inquiries:
Adrian O'Brien, Director, Director IR & Communications
Tel: 604-809-6890
aobrien@puregoldmining.ca
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END
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