Sentient increases stake in junior miner Pershimco Resources
The Sentient Group, a resources-focused private equity firm based in the Cayman Islands and with an office in Montréal, has increased the size of its investment in Rouyn-Noranda, Québec-based Pershimco Resources Inc (TSX-V: PRO). The deal, together with another purchase made earlier this year, gives Sentient around 18.9 percent of the company's outstanding Class A common shares. Sentient and Agnico Eagle Mines Ltd have both recently made investments in Pershimco to support the junior mining company's exploration and development of its Cerro Quema gold-copper porphyry project in Panama and other activity.
11 August 2014•2 mins read
