Pure Gold Mining Inc.

Rosen Law Firm, a global investor rights law firm, announces an investigation of potential securities claims on behalf of shareholders of Pure Gold Mining Inc. (OTC: LRTNF) resulting from allegations that PureGold may have issued materially misleading business information to the investing public.

If you purchased PureGold securities and would like to join the prospective action, please click “Join This Class Action.”

If you purchased PureGold securities you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.

Details of investigation:

On March 28, 2022, pre-market, the Company issued a press release announcing that its mining operations and production had been negatively impacted as a result of its inability to maintain access to high-confidence, high-grade slopes. Further, the press release provided updates on several of its operational initiatives purportedly aimed at improving mine operations and reducing costs, revealing that it had experienced severe mine planning and scheduling deficiencies that negatively impacted its operations in 2021. Finally, the press release revealed that to fund its operations and to service the interest on its debt, the Company needed to seek additional financing.

On this news, PureGold’s stock price fell 41% on March 28, 2022.

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Company Name: Pure Gold Mining Inc.
Stock Symbol: LRTNF
Class Period: N/A
Court: N/A

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Investors should carefully identify and select experienced counsel with a track record of success leading securities class actions. Often other firms issue press releases about class actions yet do not have comparable experience or resources.

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