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BRIEF-Pure Gold Announces C$32.5 Million Bought Deal Private Placement

Published 2019-06-21, 11:12 a/m
© Reuters.  BRIEF-Pure Gold Announces C$32.5 Million Bought Deal Private Placement
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Pure Gold Mining Inc PGM.V :

* PURE GOLD ANNOUNCES C$32.5 MILLION BOUGHT DEAL PRIVATE PLACEMENT

* PURE GOLD MINING - UNDERWRITERS AGREED TO PURCHASE ON A BOUGHT-DEAL PRIVATE PLACEMENT BASIS 59.1 MILLION UNITS OF CO AT C$0.55 PER UNIT

* PURE GOLD MINING - EACH UNIT WILL CONSIST OF ONE COMMON SHARE OF COMPANY AND ONE-HALF OF ONE COMMON SHARE PURCHASE WARRANT

* PURE GOLD MINING - EACH WARRANT WILL BE TRANSFERRABLE, ENTITLE HOLDER TO ACQUIRE 1 COMMON SHARE OF CO FOR 3 YEARS FROM CLOSING OF OFFERING AT C$0.85

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