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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
Pinecrest Resources is pleased to announce that, subject to final government approvals, the Company has completed the acquisition of a 100% interest in the Enchi gold project located in Ghana from Edgewater Exploration and Red Back Mining Ghana, an indirect wholly-owned subsidiary of Kinross Gold, collectively, the "Transaction"). Details of the [...]
Pinecrest Resources is pleased to provide an update on the acquisition of the Enchi gold project located in Ghana from Edgewater Exploration which holds 51% of the Project and Red Back Mining Ghana Limited, an indirect wholly-owned subsidiary of Kinross Gold Corp., which holds 49% of the Project. Pinecrest has now executed all agreements with Red [...]