PRO Pershimex Resources Corporation

Pershimco Resources Inc. (the "Company" or "Pershimco") (TSX
VENTURE:PRO)(FRANKFURT:BIZ) wishes to inform its shareholders that after having
vigorously contested the 41 statements of offense issued against the Company and
its Chairman, the Autorite des marches financiers (the "AMF") has accepted a
conditional stay of proceedings against Mr. Roger Bureau for 95% of the
statements of offense issued against him and 66.6% of those issued against the
Company.


The global and definitive settlement relating to events which occurred over 7
years ago in December 2006, can be summarized as follows : (i) Mr. Roger Bureau
accepts to plead guilty to an amended statement of offense stating he assisted
the Company in concluding various private placements without a prospectus in
December 2006, the payable fine for this statement of offense being set at
$30,000; and (ii) Pershimco accepts to plead guilty to seven specific statements
of offense of individual private placements concluded in December 2006, with a
fine of $7,500 each, in addition to fees of $2,500, for a total of $55,000. 


The Company and Mr. Bureau have accepted to settle the file with its
shareholders' best interests in mind. Initial fines amounting to $512,500 have
been reduced to $85,000. 


Since the issuance of the AMF's allegations, Pershimco has changed its
governance practices in order to avoid future observations by the AMF. It is to
be noted that Pershimco has been ranked 30th amongst over 1,290 listed junior
resource companies on the TSX Venture Exchange by the firm
PricewaterhouseCoopers LLP and has concluded private placements for over 65
million dollars since 2007.


About Pershimco Resources Inc.

Pershimco Resources Inc. is a mineral exploration and development company listed
on the TSX Venture Exchange and the Frankfurt Exchange with a near-production
oxide gold project in Panama. The Cerro Quema project is composed of multiple
gold oxide deposits within a 15,000 ha extraction permitted concessions package.
The Company is also exploring, within the same concessions, the potential of a
Copper-Gold porphyry at depth. The Company is led by a skilled management team
with extensive experience in the mining sector, as well as a proven track record
of building successful operating mining facilities in the Americas. With strong
support from its shareholders, the Pershimco team is positioned for success.


The Company's documents are available on www.sedar.com. 

Please visit the Company's website at www.pershimco.ca.

Neither the 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 this news release. Statements
made in this news release that are not historical facts are "forward-looking
statements" and readers are cautioned that any such statements are not
guarantees of future performance, and that actual developments or results, may
vary materially from those in these "forward-looking" statement.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Alain Bureau, P. Eng.
President and Chief Executive Officer
+1 (819) 797-2180
ressources@pershimco.ca


Elina Chow
Investor Relations
+1 (416) 845-8495
info@pershimco.ca

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