LOS ANGELES–(BUSINESS WIRE)–The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Pure Gold Mining Inc. (“PureGold” or “the Company”) (OTC: LRTNF) for violations of the securities laws.
The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors. PureGold issued a press release before market hours on March 28, 2022, announcing that its mining and production operations were negatively impacted by its failure to maintain access to high-grade slopes. The press release revealed that the Company suffered from mine planning and scheduling failures in 2021. Based on this news, shares of PureGold fell by 41% on March 28, 2022.
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The class in this case has not yet been certified, and until certification occurs, you are not represented by an attorney. If you choose to take no action, you can remain an absent class member.
The Schall Law Firm represents investors around the world and specializes in securities class action lawsuits and shareholder rights litigation.
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