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pinecrest resources ltd (PCR) Details

Pinecrest Resources Ltd. engages in the acquisition, advancement, and development of precious mineral properties. It owns a 100% interest in the Enchi gold project located in South West Ghana. The company was incorporated in 2010 and is headquartered in Vancouver, Canada.

Founded in 2010

pinecrest resources ltd (PCR) Top Compensated Officers

Chief Financial Officer
Total Annual Compensation: --
Compensation as of Fiscal Year 2013.

pinecrest resources ltd (PCR) Key Developments

Pinecrest Resources Ltd. Completes Acquisition of 100% Interest in the Enchi Gold Project, Ghana; Announces New Management Changes

Pinecrest Resources Ltd. announced 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 Ltd. and Red Back Mining Ghana Limited. The Enchi Gold Project located in south-west Ghana, West Africa covers a 50 kilometre strike length of the Bibiani Shear Zone a regional scale structure that hosts a number of major gold mines and deposits including Kinross' Chirano Gold Mine located 70 km north-east of the Project and the Bibiani Gold Deposit located 90 km north-east of the Project. The Enchi Gold Project is comprised of ten licenses totaling 696 km2 located 290 km west of the capital city of Accra. Access to the Project is on sealed roads via the regional port city of Takoradi or the mining centre of Tarkwa and then on gravel roads to Enchi (population 9,270). Good road access exists throughout the project licenses. On completion of the Transaction, Mr. George Salamis was appointed as a director and as Chief Executive Officer and Ryan King was appointed President of the company. The board of directors of the company is now comprised of George Salamis, Douglas Forster, Blayne Johnson, Ryan King, Edward Farrauto and Kimberly Williams.

Pinecrest Resources Ltd. Announces Acquisition of 100% Legal and Beneficial Interest in the Enchi Gold Project in Ghana

Pinecrest Resources Ltd. announced the acquisition of a 100% legal and beneficial interest in the Enchi gold project located in Ghana from Edgewater Exploration Ltd. which holds 51% of the Project and Red Back Mining Ltd., which holds 49% of the Project. On completion of the Transaction, Pinecrest will own a 90% interest in the Project, taking into account the 10% interest held by the Government of Ghana.

Pinecrest Resources Ltd., Annual General Meeting, Aug 15, 2014

Pinecrest Resources Ltd., Annual General Meeting, Aug 15, 2014., at 10:00 Pacific Daylight. Location: Suite 3350, Four Bentall Centre. Agenda: To receive the audited financial statements of the corporation for the year ended December 31, 2013, and the report of the auditors thereon; to appoint the auditors for the corporation for the coming year and to authorize the board of directors to fix the auditors’ remuneration; to fix the number of directors for the coming year at five; to elect directors for the coming year; to consider to pass a special resolution to consolidate the corporation’s issued and outstanding common share capital; to approve the issuance to Edgewater Exploration Ltd. of such number of post consolidation common shares of Pinecrest Resources Ltd.; to amend the corporation’s stock option plan to increase the number of common shares; to pass an ordinary resolution to amend the corporation’s plan to make certain further amendments to the plan; and to transact such other business as may properly come before the meeting or any adjournment thereof.


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