Pinecrest Resources Ltd. is pleased to announce, effective immediately, the appointment of Mr. Douglas Hurst and Mr. Michael Vint to the Board of Directors of the Company. Ms. Kim Williams will be retiring from the Board of Directors concurrently with the new board appointments. Ryan King, President and Director of Pinecrest stated: "On behalf of the Board of Directors, I am delighted to welcome Mr. Douglas Hurst and Mr [...]
Pinecrest Resources Ltd. is pleased to announce that the Company has closed its non-brokered private placement financing previously announced on March 20, 2017 for gross proceeds of $1,501,500. The proceeds of the Private Placement will be used to advance the exploration and development of the Company's 100% owned Enchi Gold Project in Ghana and for general working capital purposes. Pursuant to the Private Placement, the [...]
Pinecrest Resources is pleased to announce that it intends to conduct a non-brokered private placement of up to 7,150,000 common shares of the Company at a price of $0.21 per Share for gross proceeds of up to $1,501,500. The proceeds of the Private Placement will be used to advance the exploration and development of the Company's 100% owned Enchi Gold Project in Ghana and for general working capital purposes. All sha...
Pinecrest Resources is pleased to announce that it will be applying to the TSX Venture Exchange for approval of the extension of the expiry date of 18,000,000 common share purchase warrants issued on December 4, 2014. The Company proposes to extend the expiry date of the Warrants from December 4, 2016 to December 4, 2019. The Warrants were issued as part of a private placement transaction and are exercisable at $0.30. All [...]
Pinecrest Resources Ltd. has granted 2,850,000 stock options at a price of $0.10 per share for a period of five years to directors, officers, employees, and consultants of the Company. These options are subject to regulatory approval and are granted under the Company's stock option plan and include vesting provisions. About Pinecrest Resources Ltd. Pinecrest is a British Columbia corporation that is based in Vancouver [...]
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Dec 17, 2015) - Pinecrest Resources Ltd. ("Pinecrest" or the "Company") (TSX VENTURE:PCR) announces the results from an alternative Preliminary Economic Assessment (the "PEA" or the "Study") using contract mining, carried out on the Company's 100% owned Enchi Gold Project ("Enchi" or "the Project") located in south-west Ghana, West Africa. Enchi is comprised of eight licenses [...]
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Jun 29, 2015) - Pinecrest Resources Ltd. ("Pinecrest" or the "Company") (TSX VENTURE:PCR) announces refiling of an amended Technical Report titled "Technical Report and Preliminary Economic Assessment on the Enchi Gold Project, Enchi, Ghana" dated April 14, 2015 is prepared by WSP Canada Inc. ("WSP"). There were no material differences in the results or conclusions of the [...]
VANCOUVER, BRITISH COLUMBIA--(Marketwired - May 27, 2015) - Pinecrest Resources Ltd. ("Pinecrest" or the "Company") (TSX VENTURE:PCR) is pleased to provide an update on activities on the Company's 100% owned Enchi Gold Project ("Enchi" or "the Project") in Ghana, West Africa. Preliminary Economic Assessment ("PEA") Update The Company recently announced the results of the owner operated PEA on the Enchi Gold Project [...]
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Apr 15, 2015) - Mr. George Salamis, CEO of Pinecrest Resources Ltd. ("Pinecrest" or the "Company") (TSX VENTURE:PCR) is pleased to announce that the Technical Report titled "Technical Report and Preliminary Economic Assessment on the Enchi Gold Project, Enchi Ghana", dated April 14, 2015 has now been filed on SEDAR. The Technical Report was prepared by WSP Canada Inc., Canada [...]
VANCOUVER, British Columbia, April 15, 2015 (GLOBE NEWSWIRE) -- Pinecrest Resources Ltd. (TSX-V:PCR) is a mineral exploration and junior mine development company focused on precious metal projects. The company's flagship asset is a 100% interest in the Enchi Gold Project in Ghana acquired from a subsidiary of Kinross Gold Corp. (NYSE:KGC) Kinross remains a 19.9% holder. That acquisition also led to a strategic alliance [...]
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Mar 2, 2015) - Pinecrest Resources Ltd. ("Pinecrest" or the "Company") (TSX VENTURE:PCR) is pleased to report the results of a Preliminary Economic Assessment (the "PEA" or the "Study") carried out on the Company's 100% owned Enchi Gold Project ("Enchi" or "the Project") in Ghana, West Africa. The PEA was prepared by WSP Canada Inc. ("WSP") using a base case Inferred Mineral [...]
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Jan 13, 2015) - Pinecrest Resources Ltd. ("Pinecrest" or the "Company") (TSX VENTURE:PCR) is pleased to announce the appointment of Greg Smith, Vice President of Exploration and Dr. John Thomas as Technical Advisor effective immediately. George Salamis, CEO of Pinecrest stated: "I am very pleased to welcome both Greg and John to the technical team at Pinecrest. Pinecrest has [...]