Pershimco Resources Inc.
TSX VENTURE : PRO
FRANKFURT : BIZ

Pershimco Resources Inc.

August 28, 2013 09:00 ET

Former Codelco Director, Jorge Bande, to Be Nominated at Pershimco's Annual Meeting

ROUYN-NORANDA, QUÉBEC--(Marketwired - Aug. 28, 2013) - Pershimco Resources Inc. (the "Company" or "Pershimco") (TSX VENTURE:PRO)(FRANKFURT:BIZ) is pleased to invite its shareholders to its annual meeting on Friday, September 20, 2013, at 2:00 p.m. (local time), at Centre des Congrès Hôtel Gouverneur Le Noranda, Salle La Papetière, 41, 6e Rue, Rouyn-Noranda, Québec, where shareholders will be presented with the nomination of seven Board members, including Mr. Jorge Bande, former Codelco director. In addition to the annual resolutions, a review of the Company's 2013 highlights will be presented, along with the results of Pershimco's first quarter ended June 30, 2013, as well as the Company's outlook for the upcoming year.

Mr. Bande recently retired this year, following 7 years as director of Codelco, the largest copper producer in the world, where he previously also served as Vice-President of Development from 1990 to 1994. Jorge Bande holds a masters degree in Economics from the American University and teaches mineral economics in the graduate program of Universidad de Chile. He is Co-Founder and member of CESCO (Center for Copper and Mining Studies) and member of the Board of Directors of ICARE (national society for the advancement of principles, values and concepts within private companies) since 1984 and 2007 respectively, and IAM (Metropolitan Water Investment Group) since 2010. He is also a Board member of Cruz Blanca Salud since April 2013.

His previous experiences further include his involvement on the Board of Directors of large utility companies such as Edelnor from 2006 to 2011, GNL Mejillones from 2007 to 2010, and Aguas Andinas from 2002 to 2010. Mr. Bande was CEO of the Leonor mining company from 2002 to 2006 and sat on the Board of Directors of El Tesoro mining company from 1996 to 2006 and Enami (National Mining Company) from 2000 to 2006. Mr. Bande also possesses a valuable finance background as he acts as an advisor to important groups such as the World Bank and the Sentient Group, and previously served as the Managing Director of AMP Chile, a subsidiary of the largest independent wealth management group in Australia.

"Cerro Quema is a very interesting project and my latest visit in Panama confirmed that Panama is moving forward in the development of its natural resources. Pershimco holds in its hands a project with a very large potential and Alain Bureau has surrounded himself with a competent executive team covering all aspects of the project. Pershimco naturally has some challenges ahead and I hope my experience will be beneficial to the progression of this excellent project", commented Mr. Jorge Bande.

ABOUT PERSHIMCO RESOURCES INC.

Pershimco Resources Inc. is a Canadian-based resources and exploration company listed on the TSX Venture Exchange and the Frankfurt Exchange. The Company holds several mining properties in Canada and South America, including the extraction permitted Cerro Quema advanced project in Panama and the Courville Gold Project in the Val-d'Or Gold Mining Camp, being explored in partnership with Osisko Mining Corporation. The Company is managed by skilled and reputable individuals with extensive mining, exploration and development experience. The Pershimco Team and its investors are the keys to its success.

The Company's documents are available on www.sedar.com.

Please visit the Company's website at www.pershimco.ca.

Neither the TSX Venture Exchange nor its regulation services provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release. Statements made in this news release that are not historical facts are "forward-looking statements" and readers are cautioned that any such statements are not guarantees of future performance, and that actual developments or results, may vary materially from those in these "forward-looking" statement.

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