PRY

TSX Venture Exchange:  PRY

CALGARY, May 27, 2013 /CNW/ - Pinecrest Energy Inc. ("Pinecrest" or the "Company") announces that in accordance with Policy 2.5 of the TSX Venture Exchange, the Company has met the requirements for a Tier 1 company. Therefore effective May 28, 2013, the Company's tier classification will change from Tier 2 to Tier 1.

Corporate Information

Pinecrest's common shares trade on the TSX Venture Exchange under the symbol PRY.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release.

SOURCE Pinecrest Energy Inc.