Pinecrest Resources is pleased to announce the closing of the non-brokered private placement of 15,000,000 common shares previously announced on May 19th, 2020 at a price of $0.20 per common share for gross proceeds of $3.0 million. Post financing the Company has 79,951,297 common shares issued and outstanding with major shareholders including [...]
Pinecrest Resources Ltd. is pleased to announce Ruffer LLP along with other institutional investors based in London, Hong Kong, Canada and the USA have purchased 10,925,000 common shares of Pinecrest from Kinross Gold Corporation at a price of $0.36 per common share representing approximately 17% of the issued and outstanding shares of the Company [...]
Pinecrest Resources Ltd. is pleased to announce that it intends to conduct a non-brokered private placement of up to 15,000,000 common shares of the Company at a price of $0.20 per share for gross proceeds of up to $3,000,000 . The proceeds of the Private Placement will be used to advance the exploration and development of the Company's 100% owned [...]
Pinecrest Resources Ltd. announces that the Company is evaluating options to build value for its shareholders on the Company’s 100% owned Enchi Gold Project in Ghana, West Africa. As part of this review, given the recent rise in the gold price to US$1,500/oz and changes to both capital and operating costs since completion of the Preliminary [...]
Pinecrest Resources Ltd. today announced that all resolutions were passed by the requisite majority at its annual general meeting held in Vancouver, British Columbia on May 23, 2018. PricewaterhouseCoopers LLP, Chartered Accountants were re-appointed as auditors of the Company for the ensuing year. Shareholders voted in favour of setting the number [...]
Pinecrest Resources Ltd. is pleased to announce drill results from its 3,400 metre Reverse Circulation drill program on the 100% owned Enchi Gold Project , located in Southwest Ghana, a region well-known for prolific gold resources and production. The Enchi Gold Project currently hosts a +1 million ounce inferred gold resource with a positive [...]
Pinecrest Resources Ltd. is pleased to announce the commencement of a 3,000 metre Reverse Circulation drill program on the 100% owned Enchi Gold Project , located in Southwest Ghana, a region well-known for prolific gold production. Highlights on the Enchi Gold Project Pinecrest has commenced a RC drilling program testing shallow extensions of the [...]
Pinecrest Resources Ltd. today announced that all resolutions were passed by the requisite majority at its AGM held in Vancouver on May 31, 2017. PricewaterhouseCoopers LLP, Chartered Accountants were re-appointed as auditors of the Company for the ensuing year. All of the matters submitted to the shareholders for approval as set out in the [...]
Pinecrest Resources Ltd. is pleased to announce a 3,000 m RC drill program planned to commence during Q3, 2017 on the 100% owned Enchi Gold Project, located in Southwest Ghana, a region well-known for prolific gold production. The region hosts numerous historical and current operating open pit and underground gold mines located along strike to the [...]
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 [...]
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 [...]
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 [...]
