RENO, NV / ACCESSWIRE / December 11, 2019 / Pershing Resources Company, Inc., (OTC PINK:PSGR), a precious and base metals exploration and mining company, today announced the closing of a private placement of 10 million units (the "Units") at a price of five cents ($0.05) per Unit raising a total of $500,000, before deducting costs and expenses of the offering. Each Unit is comprised of four shares of common stock of the Company ("Common Stock") and one redeemable warrant for the purchase of one share of Common Stock ("Redeemable Warrant") during the exercise period. The 10 million Units issued by the Company consist, in the aggregate, of 40 million shares of Common Stock of the Company and 10 million Redeemable Warrants.
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