Currently viewing Global edition

Pure Gold to raise C$32.5M

Sprott Capital Partners will be lead underwriter in a C$32.5 million (US$24.6 million) bought deal placement for Ontario explorer Pure Gold Mining (TSXV: PGM).

Pure Gold to raise C$32.5M Pure Gold to raise C$32.5M Pure Gold to raise C$32.5M Pure Gold to raise C$32.5M Pure Gold to raise C$32.5M

Pure Gold is focused on its Madsen-Red Lake asset in Ontario

Pure Gold said the proceeds would be used for exploration and development activities and for general corporate purposes.

It is issuing 59.