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Pure Gold Mining Inc - gold mining company focused on Canada - Notes a civil claim against Pure Gold and others alleging failures to disclose information regarding its mine in Red Lake, Ontario. The claim seeks certification as a class proceeding and claims unspecified damages for losses incurred in their investments in the company. Pure Gold says the complaint against it is ‘unfounded and without merit’. Adds it will defend the proceeding ‘vigorously’.
Current stock price: 14.50 pence, down 7.9% on Friday in London
12-month change: down 83%
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