Pure Gold Mining Inc. Pure Gold Grants Incentive Stock Options (2534J)
21 December 2020 - 6:00PM
UK Regulatory
TIDMPUR
RNS Number : 2534J
Pure Gold Mining Inc.
21 December 2020
NEWS RELEASE 20- 25 December 21, 2020
PUREGOLD ANNOUNCES ANNUAL GRANT OF INCENTIVE STOCK OPTIONS,
DEFERRED SHARE UNITS AND RESTRICTED SHARE UNITS
VANCOUVER, B.C. - Pure Gold Mining Inc. (PGM:TSX-V, LSE:PUR)
("PureGold" or the "Company"), announces that is has granted
1,955,000 Incentive Stock Options to directors and certain
employees, 975,000 Deferred Share Units (DSUs) to directors and
1,134,930 Restricted Share Units (RSUs) to certain employees
pursuant to its Incentive Stock Option , DSU and RSU Plans.
The Incentive Stock Options have an exercise price of $2.84 and
have a range of vesting periods over three years and expire after
five years.
The RSU's are payable in common shares of the Company on
exercise, have a range of vesting periods over three years and must
be redeemed by December 31, 2023, or they expire.
The DSU's vest immediately upon grant and are payable in common
shares of the Company, upon the holder ceasing to be a director of
the Company.
About Pure Gold Mining Inc.
PureGold is a growth company, located in the very heart of Red
Lake, Canada. Our objective is pure and simple. To develop a
highly-profitable long life gold mining company, becoming Canada's
next iconic gold producer. Our plan is very disciplined, very
methodical and financially sound. To expand organically, and
develop PureGold's multi-million ounce high grade gold asset
incrementally, step-by-step, using a phased mining development plan
to deliver maximum return.
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:
Adrian O'Brien, Director Marketing & Communications
Tel: 604-809-6890
aobrien@puregoldmining.ca
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END
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