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Pershing Gold Corp (PGLC.OQ)

PGLC.OQ on NASDAQ Stock Exchange Global Market

1.74USD
15 Oct 2018
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Latest Key Developments (Source: Significant Developments)

Americas Silver, Pershing Gold Announce Business Combination
Monday, 1 Oct 2018 

Sept 30 (Reuters) - Americas Silver Corp ::AMERICAS SILVER CORPORATION AND PERSHING GOLD CORPORATION ANNOUNCE BUSINESS COMBINATION.CO AND PERSHING GOLD ENTERED INTO A DEFINITIVE AGREEMENT TO COMPLETE A BUSINESS COMBINATION.BOARD OF DIRECTORS OF BOTH COMPANIES HAVE UNANIMOUSLY RECOMMENDED SUPPORT FOR TRANSACTION.HOLDERS OF PERSHING COMMON SHARES TO RECEIVE 0.715 COMMON SHARES OF CO FOR EACH COMMON SHARE OF PERSHING.DEAL IMMEDIATELY ACCRETIVE TO CO'S PRECIOUS METAL MINERAL RESERVES AND RESOURCES AND ON ALL FINANCIAL METRICS BY 2020.EACH OF OFFICERS AND DIRECTORS OF AMERICAS SILVER AND PERSHING HAVE ENTERED INTO AGREEMENTS SUPPORTING TRANSACTION.PERSHING SHAREHOLDER BARRY HONIG ENTERED INTO UNCONDITIONAL LOCK-UP AGREEMENT AND AGREED TO VOTE IN FAVOR OF TRANSACTION.COMBINED COMPANY WILL BE MANAGED BY EXECUTIVE TEAM OF AMERICAS SILVER, LED BY DARREN BLASUTTI AS PRESIDENT AND CEO.ALEX DAVIDSON WILL BE CHAIRMAN OF COMBINED COMPANY, WHICH WILL COMPRISE NINE MEMBERS.PERSHING'S BOARD WILL DESIGNATE ONE INDIVIDUAL TO JOIN COMBINED BOARD.  Full Article

Levon Resources Announces Sale Of Pershing Gold Shares
Wednesday, 29 Aug 2018 

Aug 29 (Reuters) - Levon Resources Ltd ::LEVON RESOURCES ANNOUNCES SALE OF PERSHING GOLD CORPORATION SHARES.LEVON RESOURCES - AS PER A PRIVATE TRANSACTION, SOLD 1.9 MILLION COMMON SHARES OF PERSHING GOLD CORP IN EXCHANGE FOR CONSIDERATION OF US$3.9 MILLION.  Full Article

Pershing Gold Announces Bought Deal Of $6.8 Million
Monday, 11 Dec 2017 

Dec 11 (Reuters) - Pershing Gold Corp ::PERSHING GOLD ANNOUNCES BOUGHT DEAL OF $6.8 MILLION.PERSHING GOLD CORP - INTENDS TO USE PROCEEDS FROM PUBLIC OFFERING AND PRIVATE PLACEMENT TO ADVANCE ITS RELIEF CANYON PROJECT.  Full Article

BRIEF-Pershing Gold Appoints Jeffrey Clevenger To Board Of Directors

* PERSHING GOLD APPOINTS JEFFREY G. CLEVENGER TO BOARD OF DIRECTORS Source text for Eikon: Further company coverage: