SOURCE: Pershing Resources Company, Inc.

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March 05, 2018 22:23 ET

Pershing Resources Completes Audit of 2016 Consolidated Financial Statements

The Company Posts Audited 2016 Annual Financial Statements on OTC

RENO, NV--(Marketwired - March 05, 2018) - Pershing Resources Company, Inc. (OTC PINK: PSGR) announced that an independent auditor has completed the audit of its Consolidated Annual Financial Statements for the fiscal year ending December 31, 2016. The Company's auditor, Goldfine & Company CPAs, is expected to complete the audit of the Company's 2017 financial statements within the next 45 days. Goldfine & Company, (http://www.goldfinecpa.com/), is a PCAOB registered accounting firm as required by SEC and OTC rules. The Company's audited financials can be viewed on the OTC Markets website at www.otcmarkets.com/stock/psgr/disclosure or on Pershing Resources corporate website at https://ir.pershingpm.com/otc-filings.

Pending the completion of the initial audit process, the Company now anticipates filing a Regulation A, Form 1-A, Tier Two Offering Statement for SEC review in the first half of 2018.

Pershing Resources' CEO Steve Plumb stated, "We are pleased to have completed this critical first phase of our initial audit process and, we are looking forward to the completion of the audit of our 2017 annual consolidated financial statements as we prepare for our Regulation A offering statement for filing later this year."

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Forward-Looking Statements

The information contained in this press release as well as the information on the Company's website is provided solely for the reader's general knowledge. Such information is not intended to be a comprehensive review of all matters pertaining to the Company. Certain statements included herein and on the Company's website, constitute "forward-looking statements" within the meaning of the United States Private Securities Litigation Reform Act of 1995. Forward-looking statements reflect management's current knowledge, assumptions, judgment and expectations regarding future performance or events. Although management believes that the expectations reflected in such statements are reasonable, these forward-looking statements are based on the beliefs of, assumptions made by, and information currently available to the Company's management. When used in this press release and on the Company's website, the words "estimate," "project," "believe," "anticipate," "intend," "expect," and similar expressions are intended to identify forward-looking statements. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance and/or achievements of the Company or of the gold mining industry in general to be materially different from future results, performance and/or achievements expressed or implied by those forward-looking statements. There can be no assurance that such statements will prove to be accurate, and actual results and future events could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from the Company's expectations include uncertainties related to fluctuations in gold, silver and other commodity prices, uncertainties relating to interpretation of drill results and the geology of the Company's properties, uncertainty of estimates of capital and operating costs, the need for cooperation of government agencies in the development of the Company's mineral projects, the need to obtain additional financing to develop the Company's mineral projects, the possibility of delay in development programs or in construction projects, and uncertainty of meeting anticipated program milestones for the Company's mineral projects.

All forward-looking statements are expressly qualified in their entirety by this cautionary notice. Readers are cautioned not to place undue reliance on any forward-looking statements, which speak only as of the date of this release. The Company has no obligation, and expressly disclaims any obligation, to update, revise or correct any of the forward-looking statements, whether as a result of new information, future events or otherwise.

About Pershing Resources

Pershing Resources is a development stage precious metals producer, focused on projects located in North America. The Company is based in Reno, Nevada and owns a development facility near Kingman, Arizona.

The Company's current assets are comprised of mining properties located in the Western United States. The Company is presently in various stages of development on each of these properties. As opportunities arise, the Company will seek to strengthen its balance sheet through acquisition of additional mineral rights and mining properties. Pershing Resources is committed to responsible mining practices and, we believe, is positioned to deliver sustained growth and performance for years to come.

Contact Information

  • Corporate Office
    Pershing Resources
    200 South Virginia Street, 8th Floor
    Reno, NV 89501
    Phone: 775-398-3124
    Email: info@pershingpm.com