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Off-market insider buying at Pure Gold Mining (V:PGM)

Updated Friday Feb 18, 2022 03:05 AM EDT

AngloGold Ashanti International Exploration Holdings Limited, a 10% Holder, acquired 32,525,000 Common Shares on a direct ownership basis at a price of $0.530 through a private transaction on February 15th, 2022. This represents a $17,238,250 investment into the company's shares and an account share holdings change of 49.5%.

Troy John Fierro, CEO and Director, acquired 338,000 Common Shares on a direct ownership basis at a price of $0.530 through a prospectus or prospectus exempt offering on February 15th, 2022. This represents a $179,140 investment into the company's shares and an account share holdings change of 17.8%.

Dougald Graeme Currie, a Director, acquired 179,000 Common Shares on a direct ownership basis at a price of $0.530 through a prospectus or prospectus exempt offering on February 15th, 2022. This represents a $94,870 investment into the company's shares and an account share holdings change of 7.2%.

Christopher Jacob Haubrich, CFO, acquired 179,000 Common Shares on a direct ownership basis at a price of $0.530 through a prospectus or prospectus exempt offering on February 15th, 2022. This represents a $94,870 investment into the company's shares and an account share holdings change of greater than 100%.

Pure Gold Mining is in the Gold Sub Industry Group under the Basic Materials Sector.

Pure Gold Mining Inc. is a Canada-based gold growth company. The Company is engaged in the business of the acquisition, exploration and development of gold and other precious and base metal properties in Canada. The Company's principal mineral property is the PureGold Mine Project (PureGold Mine) located near Red Lake, Ontario. Its PureGold Mine property consists of approximately 251 mining leases, mining patents and unpatented mining claims owned or controlled 100% by the Company, covering an area in excess of 4,600 hectares in the Red Lake gold camp of Northwestern Ontario. The Company has acquired a 100% interest in the Newman-Madsen Property. The Newman-Madsen Property is considered a part of the PureGold Mine. It has also acquired a 100% interest in the Derlak Gold Property. The Derlak Gold Property consists of approximately 11 claims, which are subject to a royalty arrangement based on a net smelter return (NSR) of 3%.

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