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, May 14, 2015 /CNW Telbec/ - Sentient Executive GP IV, Limited ("Sentient IV") announces that, in connection with a financing announced by Pershimco Resources Inc. ("Pershimco") on May 4, 2015, it has acquired control over of 8,700,061 Class A common shares of Pershimco (the "Purchased Shares"), representing approximately 3.29% of the outstanding Class A common shares of Pershimco.

Sentient IV has control or direction over 52,754,243 Class A common shares of Pershimco (including the Purchased Shares), representing approximately 19.93% 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

or to obtain a copy of the Early Warning Report filed by Sentient IV, please contact Sue Bjuro at [phone].