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Pure Gold Grants Incentive Stock Options February 19, 2020

VANCOUVER, B.C. – Pure Gold Mining Inc. (PGM: TSX-V, PUR: LSE) (“Pure Gold” or the “Company”) announces that it has granted incentive stock options to a director, exercisable to purchase up to 350,000 common shares in the capital of the Company until February 19, 2025 at an exercise price of $0.77 per share. The incentive stock options were granted in accordance with the Company’s Stock Option Plan.

 

ABOUT THE PURE GOLD RED LAKE MINE

Pure Gold is building Canada’s highest-grade gold development project, the Pure Gold Red Lake Mine. With project financing secured, Pure Gold Red Lake Mine is on track to deliver first production into a rising gold market in late 2020. The orebody is open for expansion and forms a part of a seven kilometre long mineral system under active exploration, with opportunity for transformative growth through discovery. 

 

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.

 

ON BEHALF OF THE BOARD

"Darin Labrenz"                                  

Darin Labrenz, President & CEO

 

Investor inquiries:

Adam Buchanan, Manager, Investor Relations
Tel: 604-646-8000

info@puregoldmining.ca

 

Media inquiries:

Gareth Tredway / Annabel de Morgan – Tavistock

Tel: +44 (0) 20 79207150

puregold@tavistock.com

 

 

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.