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 per common share, for aggregate gross proceeds of C$20,000,000. The
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