Brief: Pinecrest announces $1,501,500 private placement
March 20 (Reuters) - Pinecrest Resources Ltd PCR.V :
* Pinecrest announces $1,501,500 private placement
* Pinecrest Resources Ltd - intends to conduct a
non-brokered private placement of up to 7.15 million common
shares of co at a price of $0.21 per share
* Pinecrest Resources Ltd -proceeds of private placement
will be used to advance exploration and development of co's 100%
owned Enchi gold project in Ghana
Source text for Eikon: ID:nCCN1fK9NV
Further company coverage: PCR.V
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