Pershing Gold Corporation (NASDAQ:PGLC) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain OfficersItem 5.02
On August 29, 2018, Mr. Barry Honig notified Pershing Gold Corporation (the “Company”) of his decision to resign as a member of the Board of Directors of the Company (the “Board”), effective immediately. Mr. Honig’s decision to resign was not a result of any disagreement with the Company on any matter relating to the Company’s operations, policies or practices.
About Pershing Gold Corporation (NASDAQ:PGLC)
Pershing Gold Corporation is a gold and precious metals exploration company. The Company focuses on exploration, development and mining opportunities in Nevada. The Company is focused on exploration at its Relief Canyon properties in Pershing County in northwestern Nevada. The Company operates its business directly and also through its subsidiary, Gold Acquisition Corp. Gold Acquisition Corp. owns and is engaged in conducting exploration on the Relief Canyon Mine property in northwestern Nevada. The Company is engaged in conducting exploration on the Relief Canyon expansion properties. The Relief Canyon Mine includes approximately three open pit mines, heap leach pads consisting of approximately six cells, approximately two solution ponds and a cement block constructed adsorption desorption-recovery (ADR) solution processing circuit. The Pershing Pass property includes approximately 490 lode mining claims. The Company has not generated any revenues.