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Pershing Resources Names Maria Stan to Its Board of Directors

/EIN News/ -- The Company’s Board Taps a Specialist in Audit and Regulatory Compliance to Chair Its Audit Committee

RENO, Nev., Feb. 22, 2019 (GLOBE NEWSWIRE) -- Pershing Resources Company, Inc., (OTC PINK: PSGR) is pleased to announce that Ms. Maria E. Stan, CPA has joined the Company’s Board of Directors, effective immediately. Ms. Stan has a twenty year track record of working effectively to build, manage and motivate across industries. She is experienced in financial strategy and controllership, public and private corporate accounting and finance, SEC reporting, and “Big Four” public accounting. Ms. Stan is a licensed Certified Public Accountant having started her career in the audit practice of Ernst & Young. She then moved on to become a senior audit manager at KPMG. During her tenure at KPMG, Ms. Stan assisted in strategic decision-making processes, guiding strategic planning and regulatory compliance for companies such as; Sirius XM Radio, Omnicom Group, and Burger King Holdings. She then moved from her time as a “Big Four” auditor to serve as Controller of the  Kaplan Testing Division of Graham Holdings Company. More recently she has served as the Chief Financial Officer for Imacuclean, a privately held hospitality services conglomerate headquartered in New York. Ms. Stan is currently a Director at Eventus Advisory Group which provides CFO and Controllership services to public and private corporate clients in various industries.

Ms. Stan joined the Pershing Resources’ Advisory Board in October of 2018. She will now serve as an independent director and Chairperson of the Company’s Audit Committee.

Pershing Resources CEO Steve Plumb commented, "We are very pleased to welcome Maria Stan to our Board.  Maria brings a strong corporate accounting background and deep understanding of regulatory a compliance issues, as well as, practical experience and fresh insight to our corporate planning. Having Maria join our board is a significant strategic step in our corporate development and, we look forward to working more closely with her as we plot the Company’s course for the future.

Board member profiles can be viewed at: https://www.pershingpm.com/about/board-of-directors.

To receive updates on Pershing Resources, 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 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 precious and base metals exploration and mining company with several projects in North America. The Company is based in Reno, Nevada and owns an operations facility near Kingman, Arizona. It is currently focused on the development of its 100% owned New Enterprise and Mohave-Standard properties, collectively referred to as the New Enterprise project. The New Enterprise Project is located between the Mineral Park Porphyry Cu-Mo mine (approximately 20 miles to the northwest) and the Baghdad Cu-Mo mine (approximately 45 miles to the southeast). The Company's other assets are comprised of mining properties in various stages of development located in the Western United States.

Details on the Company's projects can be found at http://www.pershingpm.com/.

Contact:

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

Source: Pershing Resources Company, Inc.

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