TORONTO, ONTARIO — (Marketwire) — 10/01/12 — Red Crescent Resources Limited (TSX: RCB)(FRANKFURT: 7RC) ("RCR"), a base metals focused mineral exploration and mine development company with operations in Turkey, is pleased to provide an update on its activities since the closing of the private placement with Link Investment & Consulting, LLP ("Link") in July, in which Link subscribed for CAD$1.2 million in units and converted USD$1.8 million of debt to equity.The initi
TORONTO, ONTARIO — (Marketwire) — 02/17/12 — Red Crescent Resources Limited ("RCR") (TSX: RCB)(FRANKFURT: 7RC), a mineral exploration and development company focused on base metals in Turkey, today announced that following a full review by the board, it has approved the Company-s specific business targets established for 2012 project operations."Our project teams defined an operating budget inclusive of contingency amounting to $3.5 million as sufficient to carry RCR to a pos
TORONTO, ONTARIO — (Marketwire) — 01/30/12 — Red Crescent Resources Limited (TSX: RCB)(FRANKFURT: 7RC), a base metals focused mineral exploration and mine development company with operations in Turkey, announced today that it has completed the sale of 1,119,380 units for aggregate gross proceeds of CDN $279,845 under the private placement described below."Although we anticipated receiving subscriptions for around C$2m, our financing activities took place under difficult market conditio