Source: Pershimex.
  • Pershimex Resources (PRO) has announced a non-brokered private placement for gross proceeds of $200,000
  • The company will issue 5,714,286 flow-through units at $0.035 per FT unit
  • The proceeds raised will be used to incur Canadian exploration expenses on the company’s mining properties
  • Pershimex Resources is a Canadian exploration company
  • Pershimex Resources Corporation (PRO) is up 16.67 per cent on the day, trading at C$0.035 per share at 3:30 pm ET

Pershimex Resources (PRO) has announced a non-brokered private placement for gross proceeds of $200,000.

The company will issue 5,714,286 flow-through units at $0.035 per FT unit. Each FT unit consists of one FT common share and one-half of one share purchase warrant. Each whole warrant shall entitle the holder to purchase one additional common share at a price of $0.06 for 24 months after the closing of the financing.

A cash commission representing 7% of the gross proceeds will be payable at closing to an arm’s length intermediary.

The proceeds raised will be used to incur Canadian exploration expenses on the company’s mining properties.

All securities issued will be subject to a statutory four-month hold period.

Pershimex Resources is a Canadian exploration company engaged in the acquisition, exploration and development of mineral properties. The company’s projects include the Malartic project, the Belleterre property, the Forsan property, and the Courville property. 

Pershimex Resources Corporation (PRO) is up 16.67 per cent on the day, trading at C$0.035 per share at 3:30 pm ET.


More From The Market Online

Tarku Resources acquires the Dana Project in Quebec

Tarku Resources (TSXV:TKU) acquires the Dana Project in Quebec, which hosts nickel, copper, cobalt and platinum group elements.

Silvercorp to expand into Ecuador with C$200M Adventus acquisition

Canadian silver miner Silvercorp Metals Inc. (TSX:SVM) recently announced a friendly deal to acquire Adventus Mining Corp. (TSXV:ADZN).
Element79 - Element79 Gold's Lucero project in Peru.

Element79 Gold increases exploration upside with high-grade samples

Element79 (CSE:ELEM) unveils sampling assays as high as 98.1 g/t gold and 3,026 g/t silver from its flagship Lucero project in Peru.