Sentient IV acquires shares of Pershimco Resources Inc.

/NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES AND NOT FOR DISSEMINATION IN THE UNITED STATES/

MONTREAL, Aug. 8, 2014 /CNW Telbec/ -Â Sentient Executive GP IV, Limited ("Sentient IV") announces that it has acquired control over an aggregate of 2,872,439 Class A common shares (the "Purchased Shares") of Pershimco Resources Inc. ("Pershimco"), representing approximately 1.29% of the outstanding Class A common shares of Pershimco. The Purchased Shares, together with the Class A common shares of Pershimco purchased by the Sentient IV since July 10, 2014, represent an increase of approximately 2.00% in the Offeror's holdings of Class A common shares of Pershimco since July 10, 2014.

Sentient IV has control or direction over 42,054,182 Class A common shares of Pershimco (including the Purchased Shares), representing approximately 18.90% of the outstanding Class A common shares of Pershimco.

Sentient IV acquired the Purchased Shares for investment purposes only and not with a view to materially affecting control of Pershimco.

SOURCE Sentient Executive GP IV, Limited