VAL-D’OR, Quebec, June 09, 2022 (GLOBE NEWSWIRE) -- Pershimex Resources Corporation (“Pershimex” or “the Company”) (TSX VENTURE : PRO) is pleased to announce that it has entered into a non-binding Letter of Intent dated June 9, 2022 (the "Letter of Intent") with Abourt Mines Inc. ("Abcourt") (TSX Venture: ABI) in connection with a proposed transaction, whereby the Company would acquire all of the issued and outstanding securities of Pershimex by way of a three-cornered amalgamation (the "Transaction"). The proposed transaction will create value for shareholders of both companies and is part of Abcourt's vision to create a larger and more diversified emerging gold producer and explorer in Quebec. The proposed transaction offers an attractive investment opportunity for existing and potential investors that we believe will result in significant share price appreciation for shareholders of both companies.
Signature of a Non-Binding Letter of Intent Regarding the Acquisition of Pershimex by Abcourt Mines
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