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Pershing Resources Raises Funds In Private Placement
March 1, 2021 GMT
The Company Raises $400,000 Through the Issuance of Convertible Notes
RENO, NV / ACCESSWIRE / March 1, 2021 / Pershing Resources Company, Inc., (OTC PINK:PSGR), a precious and base metals exploration and development company, today announced that as of February 19, 2021, the Company has received a total of $400,000, before deducting the costs and expenses, from current security-holders and management through the issuance of convertible notes (the “Notes”). The Notes have a term of 160 days with interest thereon accruing at the rate of 3% per annum. The Notes are convertible at a conversion price of $0.025 per share of common stock and, if all are converted, would result in the issuance of 16 million restricted shares of the Company’s common stock.
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Pershing Resources Company, Inc.: Pershing Resources Raises Funds In Private Placement
The Company Raises $400,000 Through the Issuance of Convertible Notes
RENO, NV / ACCESSWIRE / March 1, 2021 / Pershing Resources Company, Inc., (OTC PINK:PSGR), a precious and base metals exploration and development company, today announced that as of February 19, 2021, the Company has received a total of $400,000, before deducting the costs and expenses, from current security-holders and management through the issuance of convertible notes (the Notes ). The Notes have a term of 160 days with interest thereon accruing at the rate of 3% per annum. The Notes are convertible at a conversion price of $0.025 per share of common stock and, if all are converted, would result in the issuance of 16 million restricted shares of the Company s common stock.
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