Business
Pershing Resources Schedules Special Shareholders Meeting and Proxy Vote
Pershing Resources Schedules Special Shareholders Meeting and Proxy Vote.
About this update from Pershing Resources Company, Inc.
[{"type":"text","content":"\nPershing Resources Schedules Special Shareholders Meeting and Proxy Vote\n\nPershing Resources Schedules Special Shareholders Meeting and Proxy Vote\n\n\nThe Board of Directors Seeks Shareholder Approval for Measures to Advance the Company \n\nRENO, NV--(Marketwired - June 07, 2016) - Pershing Resources Company, Inc. (OTC PINK: PSGR) announced today that it has scheduled a special shareholders meeting and proxy vote for July 8, 2016. The meeting will be held at 10am in the offices of the Company's outside counsel in New York. Shareholders of record as of May 31, 2016 will receive notification and proxy cards via regular mail.The Board of Directors of Pershing Resources is recommending that shareholders approve eight measures that are aimed at advancing the Company toward its stated goals of positive cash flow and expansion. The Board believes that these measures are key strategic business initiatives that will serve to position the Company to advance by establishing a set of functional and corporate goals to be implemented over the next 1 to 5 years. Steve Plumb, CEO of Pershing Resources, stated, \"Shareholder approval is a critical element in positioning the Company to succeed. We feel that, by laying down a long term framework and broadly defined business plan as reflected in this proxy, shareholders will be better be informed and will have more insight into the Company's direction and progress.\"To receive information on the Company, sign up for email news alerts at: http://ir.pershingpm.com/.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...