Summary
This is a securities class proceeding against Pure Gold Mining Inc. (TSXV: PGM, OTCMKTS: LRTNF, LON: PUR), certain of its current and former directors and officers, and the underwriters for PureGold’s offerings in May and September 2021 and February 2022. The action alleges that the Defendants failed to properly disclose the company’s operational and financial problems at its sole material project, the Pure Gold Mine, located in Red Lake, Ontario.
Class Membership Criteria
This class action is brought on behalf of:
- All persons and entities, wherever they may reside or may be domiciled, who purchased or otherwise acquired the securities of PureGold in the primary market and/or in the secondary market between March 31, 2021 and March 30, 2022, inclusive, except certain excluded persons.
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