LAKEWOOD, Colo., July 29, 2015 /CNW/ -- Pershing Gold
Corporation (NASDAQ: PGLC, FWB: 7PG1) ("Pershing Gold" or the
"Company") announces that H.C.
Wainwright and Co. LLC, which conducts certain research
activities under the name Rodman & Renshaw, has initiated
analyst coverage on the Company. Analysts Heiko F. Ihle, CFA
and Jake Sekelsky authored the report.
"We would like to thank H.C.
Wainwright and Co. LLC for initiating coverage on Pershing
Gold," stated Stephen D. Alfers,
Pershing Gold President, CEO, and Executive Chairman. "Following
the Company's up-listing to the NASDAQ and subsequent listing on
the Frankfurt Stock Exchange, the addition of well-respected
analyst coverage like that produced by Heiko and Jake will help
Pershing Gold to continue to build high-quality investor awareness
for the Company," Alfers said.
About Pershing Gold Corporation
Pershing Gold is the emerging Nevada gold producer restarting the Relief
Canyon Mine, which includes three open-pit mines and a
state-of-the-art, fully permitted and constructed heap-leach
processing facility. Pershing Gold is currently permitted to resume
mining at Relief Canyon under the existing Plan of Operations.
Pershing Gold's landholdings cover approximately 25,000 acres
that include the Relief Canyon Mine asset and lands surrounding the
mine in all directions. This land package provides Pershing Gold
with the opportunity to expand the Relief Canyon Mine deposit and
to explore and make new discoveries on nearby lands.
Pershing Gold is listed on the NASDAQ Global Market under the
symbol PGLC and the Frankfurt Stock Exchange under the symbol 7PG1.
The investment banks H.C.
Wainwright and Co. LLC (under the name Rodman & Renshaw)
and Cantor Fitzgerald currently produce analyst reports on the
Company.
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SOURCE Pershing Gold Corporation