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NCAU Newcore Gold News Story

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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  
 
 ((Bangalore.newsroom@thomsonreuters.com;))

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