Pinecrest Engages Featherstone Capital
September 08 2011 - 8:00AM
Marketwired Canada
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
Pinecrest Resources (TSXV:PCR)
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