Pershimco Resources Inc.

ROUYN-NORANDA, QUEBEC -- (Marketwire) -- 03/22/12 -- PERSHIMCO RESOURCES INC. (the "Company" or "Pershimco") (TSX VENTURE: PRO)(FRANKFURT: BIZ) is pleased to announce recent drilling results of its on-going campaign with 41 meters of sulfides at 1.17% Cu on LaPava including 13 meters of 3.06% Cu and 0.92g/t Au. This copper intercept is located [...]

Pershimco Resources announced today that it has completed its previously announced bought deal private placement offering of common shares. The Company issued an aggregate of 30,000,000 common shares at a price of C$1.00 per common share raising gross proceeds of C$30,000,000, including the exercise of the full underwriters' option of C$3,000,000 [...]

Pershimco Resources is proud to announce the TSX Venture Exchange has confirmed that Pershimco ranks among the top 50 strong performers of 2011. Of the 2,250 companies listed on the TSX Venture Exchange, the Corporation is ranked in the top 10 strong performers in the mining sector. Based upon market activity in 2011, the TSX Venture Exchange [...]

Pershimco Resources is pleased to announce that due to strong investor demand for its recently announced bought deal private placement offering of common shares, the Company has increased the size of the Offering by C$7,000,000. The Offering, which is being co-led by Clarus Securities Inc. and GMP Securities L.P., and includes PowerOne Capital [...]

Pershimco Resources Inc. is pleased to announce that it has entered into an agreement with a syndicate co-led by Clarus Securities Inc. and GMP Securities L.P., and including PowerOne Capital Markets Limited and Jennings Capital Inc., to purchase, on a bought deal private placement basis, 20,000,000 common shares of the Company at a price of C$1.00 [...]

Pershimco Resources Inc. is pleased to announce the nomination of Mr. Pierre J. Lafleur, P.Eng, as a director of the Corporation. Following a marked evolution of Pershimco requiring to move towards a development phase, Mr. Pierre J. Lafleur will succeed to Mr. Jean Lafleur as a director. Mr. Jean Lafleur ceases also his functions as officer of [...]

Ressources Pershimco wishes to inform its shareholders of the filing of statements of offense by the Autorite des marches financiers against the Corporation and Mr. Roger Bureau, Chairman of the Corporation's Board of Directors, representing total penalties up to $512,510, in which the AMF claims that despite the exemptions invoked by the [...]

Pershimco is pleased to announce the signature of an agreement with an arm's length party to complete the acquisition of one hundred percent of a set of mining claims located in the Province of Quebec, comprised of one hundred seventy-two (172) claims. The agreement is subject to the regulatory approvals. Under the terms of the agreement, the [...]

Pershimco Resources is pleased to inform its shareholders on the company's activities during 2011 and guidance on the upcoming 2012. Pershimco Resources has performed successfully and kept on delivering to its shareholders by increasing its market capitalization and shares prices throughout 2011. Last year, the Company has positioned itself within [...]

Pershimco is pleased to announce recent drilling results of its on-going campaign with 82 meters of sulfides at 0,51% Cu equiv on LaPava East including 8 meters of 1.64% Cu. The short reverse circulation drill hole PRH94196 has been extended by diamond drill hole PDH11022 on the south flank of the eastern wing of the LaPava deposit. Intervals are [...]