Eaglecrest Explorations Ltd.

Eaglecrest Explorations Ltd.

March 26, 2010 16:40 ET

Eaglecrest's IR Firm Initiates Program to Improve Market Liquidity

VANCOUVER, BRITISH COLUMBIA--(Marketwire - March 26, 2010) - Eaglecrest Explorations Ltd. ("Eaglecrest"; the "Company"; the "Issuer") (TSX VENTURE:EEL)(FRANKFURT:EAT) today announced that a Market Liquidity Program (more commonly known as market-making) has been initiated for the Issuer, managed by the Calgary office of its IR firm, CHF Investor Relations.

Further to the Company's previous announcement regarding the engagement of CHF's services (dated January 7, 2010), two supportive arm's length shareholders have furnished capital, personally, in the form of cash, for the purposes of market-making.

The market-making activity is undertaken using a registered broker in compliance with the guidelines established by the TSX Venture Exchange Policy 3.4 and other relevant policies so that trading orders in the Issuer's stock are made to manage volatility and improve liquidity.

About CHF Investor Relations
CHF's is an outsourced, low-cost equivalent to an internal investor relations department for its client companies. CHF serves an international portfolio of TSX/TSX Venture listed companies and others that may seek to list on North American Exchanges that operate in a broad range of industries including mining exploration and producers, oil & gas, industrial and business solutions and products, high-tech, and "green" companies. The depth of capital market experience is formidable dating back to the late 1970's. CHF's head office is in Toronto with another Canadian office in Calgary as well as branch offices in New York, USA; São Paulo, Brazil; and Shanghai, China.

About Eaglecrest
Eaglecrest Explorations Ltd.'s mandate is to increase shareholder value by employing deep expertise both at the Board level and on the ground to systematically explore, develop and monetize promising gold projects in Colombia and Bolivia.

Eaglecrest is utilizing Management's extensive experience with major mining companies to acquire and explore strategic gold and gold-copper projects in the central Cordillera of Colombia. The first of these projects includes the newly acquired 18,000-hectare Fredonia project area, which is located in a prolific Central Cordillera gold belt 40 km south of Medellin.

This news release contains forward-looking statements that involve risks and uncertainties. Forward-looking statements or information are based on current expectations, estimates and projections that involve a number of risks and uncertainties which could cause actual results to differ materially from those anticipated by the Corporation. The forward-looking statements or information contained in this news release are made as of the date hereof and the Corporation does not undertake any obligation to update publicly or revise any forward-looking statements or information, whether as a result of new information, future events or otherwise, unless so required by applicable securities laws.

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

Contact Information