Each Unit is comprised of one common share (each a 'Common Share') and one-half Common Share purchase warrant (each such full warrant, a 'Warrant'). Each Warrant will entitle the holder thereof to purchase one Common Share at a price of
The Company has also granted to the Underwriters an over-allotment option to purchase an additional 15% of the base Offering, for additional gross proceeds to the Company of up to
The Units will be offered in all the provinces of
The Offering is expected to close on
The gross proceeds raised from the Offering will be used by the Company to fund the continued ramp up of operations at its 100%-owned
ABOUT
PureGold is a growth company, located in the very heart of
This news release contains 'forward-looking information' which may include, but is not limited to, statements with respect to the future financial or operating performance of the Company and its projects, the ability of the Company to close the Offering, the anticipated terms of the Offering, the anticipated use of proceeds from the Offering and the proposed timing of the Offering. Often, but not always, forward-looking statements can be identified by the use of words such as 'plans', 'expects', 'is expected', 'budget', 'scheduled', 'estimates', 'forecasts', 'intends', 'anticipates', or 'believes' or variations (including negative variations) of such words and phrases, or state that certain actions, events or results 'may', 'could', 'would', 'might' or 'will' be taken, occur or be achieved. Forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements. Forward-looking statements contained herein are made as of the date of this press release and the Company disclaims any obligation to update any forward-looking statements, whether as a result of new information, future events or results or otherwise. There can be no assurance that forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. The Company undertakes no obligation to update forward-looking statements if circumstances, management's estimates or opinions should change, except as required by securities legislation. Accordingly, the reader is cautioned not to place undue reliance on forward-looking statements.
Contact:
Tel: 604-809-6890
Email: aobrien@puregoldmining.ca
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