Pinecrest Engages Featherstone Capital
08 9월 2011 - 10:00PM
Marketwired
Pinecrest Resources Ltd. ("Pinecrest" or the "Company") (TSX
VENTURE: PCR) is pleased to announce it has retained Featherstone
Capital Advisors Inc. ("Featherstone") to provide corporate
development and financial advisory services.
Pinecrest has agreed to pay Featherstone a retainer of $7,000
per month plus expenses per the agreement for a period of twelve
months. In addition, Pinecrest has granted Featherstone 300,000
stock options exercisable at a price of $0.38 for a period of five
years from the date of grant. These options are granted subject to
the Company's stock option plan and are subject to regulatory
approval.
PINECREST RESOURCES LTD.
Edward Farrauto, Chief Executive Officer
Neither TSX Venture Exchange nor its Regulation Services
Provider (as that term is defined in policies of the TSX Venture
Exchange) accepts responsibility for the adequacy or accuracy of
this release.
Contacts: Pinecrest Resources Ltd. Edward Farrauto Chief
Executive Officer 604-687-3992
Pinecrest Resources (TSXV:PCR)
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