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    Pershing Secures Control of Property Around Relief Canyon

    Investing News Network
    Apr. 13, 2012 01:13PM PST
    Gold Investing

    Pershing Gold Corporation (OTCBB:PGLC) announced the completion of a transaction to secure additional land around its Nevada-based properties.

    Pershing Gold Corporation (OTCBB:PGLC) announced the completion of a transaction to secure additional land around its Nevada-based properties.

    As quoted in the press release:

    Pershing Gold paid Victoria US$2 million, 10 million shares of Pershing Gold common stock, and 5 million two-year warrants exercisable for one share of Pershing Gold common stock at an exercise price of $0.60 per share.

    Click here for the Pershing Gold Corporation (OTCBB:PGLC) press release.

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