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Pure Gold to raise $23 million to ramp up mine output, cut costs at Red Lake

Staff Writer | May 09, 2022 | 7:13 am Markets Canada Gold 

Cash-strapped Pure Gold Mining (TSXV: PGM; LSE: PUR) is making a non-brokered private placement of 200 million units at a price of C$0.15 each as a means of raising C$30 million (about $23m) for its PureGold mine in Red Lake,...

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