PDMR SECURITY DEALING ANNOUNCEMENT
June 6, 2022
PDMR Unit Dealing
Pure Gold Mining Inc. ("PureGold" or "Company") announces the acquisition of Units by certain persons discharging managerial responsibilities, or persons closely associated with them, in the Company as follows:
| Name | Role | Nature of transaction | Number of shares | Price per Unit (C$) |
| Mark O'Dea | Director, President & CEO | Acquisition of Units | 8,000,000 | 0.15 |
| Graeme Currie | Director | Acquisition of Units | 1,000,000 | 0.15 |
| Robert Pease | Director | Acquisition of Units | 666,666 | 0.15 |
| Troy Fierro | Director | Acquisition of Units | 666,666 | 0.15 |
| Len Boggio | Director | Acquisition of Units | 1,000,000 | 0.15 |
| Maryse Belanger | Director | Acquisition of Units | 666,666 | 0.15 |
| Christopher Haubrich | Vice President Business Development & CFO | Acquisition of Units | 1,000,000 | 0.15 |
| Philip Smerchanski | Vice President Exploration & Technical Services | Acquisition of Units | 266,666 | 0.15 |
| Bryan Wilson | VP Mine General Manager | Acquisition of Units | 666,666 | 0.15 |
About Pure Gold Mining Inc.
PureGold is a Canadian gold mining company, located in the very 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. PureGold's strategy is to pursue operational excellence today while investing in systematic exploration and phased expansions to fuel discovery and growth for the future.
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 IR & Communications
Tel: 604-646-8000
Media inquiries:
Gareth Tredway/Adam Baynes - Tavistock
Tel: +44 (0) 20 79207150
Notification of dealings in shares by PDMR's of the Company:
| 1. | Details of PDMR / PDMR Associate | |
| (a) | Name | Mark O'Dea |
| (b) | Position / status | Director, CEO & President |
| (c) | Initial notification / amendment | Initial Notification |
| 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 the financial instrument | Units - each Unit is comprised of one common share and one share purchase warrant. Each warrant is transferrable and entitles the holder to acquire one common share for six months from closing date at a price of $0.18. |
| (b) | Nature of the transaction | Acquisition of Units |
| (c) | Price(s) and volume(s) | Price: C$0.15 Volume: 8,000,000
|
| (d) | Aggregated information Aggregated volume Price | Price: C$0.15 Volume: 8,000,000 Total: C$1,200,000 |
| (e) | Date of the transaction | May 25, 2022 |
| (f) | Place of the transaction | Canada |
| 1. | Details of PDMR / PDMR Associate | |
| (d) | Name | Graeme Currie |
| (e) | Position / status | Director |
| (f) | Initial notification / amendment | Initial Notification |
| 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 | |
| (g) | Description of the financial instrument | Units - each Unit is comprised of one common share and one share purchase warrant. Each warrant is transferrable and entitles the holder to acquire one common share for six months from closing date at a price of $0.18. |
| (h) | Nature of the transaction | Acquisition of Units |
| (i) | Price(s) and volume(s) | Price: C$0.15 Volume: 1,000,000
|
| (j) | Aggregated information Aggregated volume Price | Price: C$0.15 Volume: 1,000,000 Total: C$150,000 |
| (k) | Date of the transaction | May 25, 2022 |
| (l) | Place of the transaction | Canada |
| 1. | Details of PDMR / PDMR Associate | |
| (g) | Name | Robert Pease |
| (h) | Position / status | Director |
| (i) | Initial notification / amendment | Initial Notification |
| 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 | |
| (m) | Description of the financial instrument | Units - each Unit is comprised of one common share and one share purchase warrant. Each warrant is transferrable and entitles the holder to acquire one common share for six months from closing date at a price of $0.18. |
| (n) | Nature of the transaction | Acquisition of Units |
| (o) | Price(s) and volume(s) | Price: C$0.15 Volume: 666,666
|
| (p) | Aggregated information Aggregated volume Price | Price: C$0.15 Volume: 666,666 Total: C$100,000 |
| (q) | Date of the transaction | May 25, 2022 |
| (r) | Place of the transaction | Canada |
| 1. | Details of PDMR / PDMR Associate | |
| (j) | Name | Christopher Haubrich |
| (k) | Position / status | Vice President Business Development & CFO |
| (l) | Initial notification / amendment | Initial Notification |
| 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 | |
| (s) | Description of the financial instrument | Units - each Unit is comprised of one common share and one share purchase warrant. Each warrant is transferrable and entitles the holder to acquire one common share for six months from closing date at a price of $0.18. |
| (t) | Nature of the transaction | Acquisition of Units |
| (u) | Price(s) and volume(s) | Price: C$0.15 Volume: 1,000,000
|
| (v) | Aggregated information Aggregated volume Price | Price: C$0.15 Volume: 1,000,000 Total: C$150,000 |
| (w) | Date of the transaction | May 25, 2022 |
| (x) | Place of the transaction | Canada |
| 1. | Details of PDMR / PDMR Associate | |
| (m) | Name | Philip Smerchanski |
| (n) | Position / status | Vice President Exploration & Technical Services |
| (o) | Initial notification / amendment | Initial Notification |
| 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 | |
| (y) | Description of the financial instrument | Units - each Unit is comprised of one common share and one share purchase warrant. Each warrant is transferrable and entitles the holder to acquire one common share for six months from closing date at a price of $0.18. |
| (z) | Nature of the transaction | Acquisition of Units |
| (aa) | Price(s) and volume(s) | Price: C$0.15 Volume: 266,666
|
| (bb) | Aggregated information Aggregated volume Price | Price: C$0.15 Volume: 266,666 Total: C$40,000 |
| (cc) | Date of the transaction | May 25, 2022 |
| (dd) | Place of the transaction | Canada |
| 1. | Details of PDMR / PDMR Associate | |
| (p) | Name | Lenard Boggio |
| (q) | Position / status | Director |
| (r) | Initial notification / amendment | Initial Notification |
| 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 | |
| (ee) | Description of the financial instrument | Units - each Unit is comprised of one common share and one share purchase warrant. Each warrant is transferrable and entitles the holder to acquire one common share for six months from closing date at a price of $0.18. |
| (ff) | Nature of the transaction | Acquisition of Units |
| (gg) | Price(s) and volume(s) | Price: C$0.15 Volume: 1,000,000
|
| (hh) | Aggregated information Aggregated volume Price | Price: C$0.15 Volume: 1,000,000 Total: C$150,000 |
| (ii) | Date of the transaction | May 25, 2022 |
| (jj) | Place of the transaction | Canada |
| 1. | Details of PDMR / PDMR Associate | |
| (s) | Name | Troy Fierro |
| (t) | Position / status | Director |
| (u) | Initial notification / amendment | Initial Notification |
| 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 | |
| (kk) | Description of the financial instrument | Units - each Unit is comprised of one common share and one share purchase warrant. Each warrant is transferrable and entitles the holder to acquire one common share for six months from closing date at a price of $0.18. |
| (ll) | Nature of the transaction | Acquisition of Units |
| (mm) | Price(s) and volume(s) | Price: C$0.15 Volume: 666,666
|
| (nn) | Aggregated information Aggregated volume Price | Price: C$0.15 Volume: 666,666 Total: C$100,000 |
| (oo) | Date of the transaction | May 25, 2022 |
| (pp) | Place of the transaction | Canada |
| 1. | Details of PDMR / PDMR Associate | |
| (v) | Name | Maryse Belanger |
| (w) | Position / status | Director |
| (x) | Initial notification / amendment | Initial Notification |
| 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 | |
| (qq) | Description of the financial instrument | Units - each Unit is comprised of one common share and one share purchase warrant. Each warrant is transferrable and entitles the holder to acquire one common share for six months from closing date at a price of $0.18. |
| (rr) | Nature of the transaction | Acquisition of Units |
| (ss) | Price(s) and volume(s) | Price: C$0.15 Volume: 666,666
|
| (tt) | Aggregated information Aggregated volume Price | Price: C$0.15 Volume: 666,666 Total: C$100,000 |
| (uu) | Date of the transaction | May 25, 2022 |
| (vv) | Place of the transaction | Canada |
| 1. | Details of PDMR / PDMR Associate | |
| (y) | Name | Bryan Wilson |
| (z) | Position / status | VP Mine General Manager |
| (aa) | Initial notification / amendment | Initial Notification |
| 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 | |
| (ww) | Description of the financial instrument | Units - each Unit is comprised of one common share and one share purchase warrant. Each warrant is transferrable and entitles the holder to acquire one common share for six months from closing date at a price of $0.18. |
| (xx) | Nature of the transaction | Acquisition of Units |
| (yy) | Price(s) and volume(s) | Price: C$0.15 Volume: 666,666
|
| (zz) | Aggregated information Aggregated volume Price | Price: C$0.15 Volume: 666,666 Total: C$100,000 |
| (aaa) | Date of the transaction | May 25, 2022 |
| (bbb) | Place of the transaction | Canada |
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