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Pershimex announces the Appointment of Mr. Pascal Hamelin to its Board of Directors

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VAL-D’OR, Québec, Dec. 16, 2021 (GLOBE NEWSWIRE) -- Pershimex Resources Corporation (« Pershimex » or the « Company ») (TSX Venture: PRO) is pleased to announce the appointment of Mr. Pascal Hamelin, Eng. on its Board of Directors. Mr. Hamelin is a mining engineer with 30 years of experience in mining and project management. He gained his experience mainly in the mining camps of Sudbury and Abitibi. Mr. Hamelin holds a degree in mining engineering from the Montréal Polytechnique University, and is a member of the Ordre des ingénieurs du Québec (Eng.) and Ontario (P.Eng). Mr. Hamelin joined Métanor Resources in 2010 as Director of the Bachelor Mine. Over the years, Mr. Hamelin has successively held the positions of General Manager, VP Operations, and President. Mr. Hamelin is currently President of Bonterra since June 2020. He will leave this position in January 2022 to focus on new challenges, including those of Pershimex.

Beginning in September 2010, Mr. Hamelin worked to return the Bachelor mine to production through project financing, assembling a full production team and conducting bulk sampling in 2012 at the Bachelor mine, and in 2020 at the Moroy project. In these stages, he oversaw the obtaining of the various required permits and socio-community agreements, including those with the Cree Nation.

In consideration of his acceptance to serve on the Board of Directors of Pershimex and its committees. The Company has granted 1,500,000 common shares purchase options at an exercise price of $0.05, valid for a five-year period. These options will be released under the terms of Pershimex's stock option plan.

President statement

Robert Gagnon, president and CEO of the Company, says: "By joining the Pershimex team as an independent director, Mr. Hamelin will bring the necessary expertise to the company to be able to accelerate the development of properties currently at the advanced exploration stage, such as the Pershing-Manitou area on our Courville property. »

This press release was prepared by Robert Gagnon, professional geologist and President of Pershimex, a qualified person under National Instrument 43-101.

For more information, please contact:

Robert Gagnon, President

Jacques Brunelle, VP Corporate dev.

Tél.: (819) 825-2303

Tél : (819) 856-1387

Warning

Neither 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 the information contained in this press release.

Facts stated in this press release that are not historical facts are "forward-looking statements" and readers are cautioned that such statements are not guarantees of success and that future developments and results may differ from those projected in such forward-looking statements.


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