Pure Gold Mining announces appointment of Chris Haubrich as vice president, Business Development


Pure Gold Mining announces appointment of Chris Haubrich as vice president, Business Development

Pure Gold Mining Inc. (CVE:PGM) (LON:PUR) has announced the appointment of Chris Haubrich as vice president, Business Development.

The group noted that Haubrich is a mining finance professional and registered Professional Mining Engineer with over a decade of experience in mergers and acquisitions, corporate strategy, capital markets, operations, and engineering consulting in the mining industry.

READ: Pure Gold Mining says first gold was poured at the company’s high-grade PureGold Mine, in Red Lake, Ontario on December 29

Prior to joining PureGold, he served as vice president, Investment Banking with National Bank Financial where he covered the mining sector and advised clients on a wide range of M&A and financing transactions. He holds a Bachelor of Science degree in Mining Engineering from the University of Alberta, a Master of Science degree in Mineral and Energy Economics from Colorado School of Mines and is a CFA Charterholder.

“I am very pleased to welcome Chris to our management team,” said Darin Labrenz, president and CEO of PureGold in a statement.

“Chris brings to the role extensive industry experience in mine finance and corporate strategy, ideally suited for the Company’s objectives.  With the achievement of first gold production at our PureGold Mine, Chris adds complementary skills to our management team at the right time as we look to broaden awareness within the investment community and build out our corporate growth strategy.”  

As part of his compensation, Haubrich has been granted incentive stock options to purchase 400,000 common shares of the company. The options are exercisable on or before January 1, 2026, at a price of $2.60 per common share, and were granted in accordance with the company’s Stock Option Plan.

Pure Gold Mining is advancing Canada’s highest-grade gold development stage deposit at the PureGold mine in Red Lake, Ontario. On December 30, the company announced that first gold was poured from the high-grade mine on December 29, 2020, following the introduction of ore to the mill on December 15.

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