Pinetree was incorporated under the laws of the Province of Ontario and its shares are publicly traded on the Toronto Stock Exchange (the "TSX") under the symbol "PNP". Pinetree is a diversified investment, financial advisory and venture capital firm focused on investing in early stage micro and small cap resource companies. Pinetree's investments are primarily in the following resource sectors: Precious Metals, Base Metals Oil & Gas, Potash, Lithium and Rare Earths, Uranium and Coal. Pinetree's investment approach is to develop a macro view of a sector, build a position consistent with the view by identifying micro-cap opportunities within that sector and devise an exit strategy designed to maximize our relative return in light of changing fundamentals and opportunities. Pinetree is recognized as a value added partner in the resource industry.
Net Asset Value Per Share as at March 31, 2014: $0.85 (unaudited)
*Use of Non-GAAP Financial Measures
This website contains references to “net asset value per share” (basic and diluted) (“NAV”) which is a non-GAAP measure. NAV is calculated as the value of total assets less the value of total liabilities divided by the total number of common shares outstanding as at a specific date. NAV (diluted) is calculated as total assets less total liabilities divided by the total number of common shares of the Company outstanding as at a specific date, calculated based upon the assumption that all outstanding securities of the Company that are convertible into or exercisable for common shares have been converted or exercised. The term NAV does not have any standardized meaning according to GAAP and therefore may not be comparable to similar measures presented by other companies. There is no comparable GAAP measure presented in Pinetree’s consolidated financial statements and thus no applicable quantitative reconciliation for such non-GAAP financial measure. The Company has calculated NAV consistently for many years and believes that the measure provides information useful to its shareholders in understanding our performance, and may assist in the evaluation of the Company’s business relative to that of its peers.
Apr 17, 2014
Pinetree Capital Ltd. (TSX: PNP) announces that its board of directors h...
Apr 17, 2014
Pinetree Capital Ltd. (“Pinetree” or the “company”) (TSX: PNP) is please...
Apr 16, 2014
Pinetree Capital Ltd. (TSX: PNP) announces today that it is proposing to...
Keek is a new kind of social network that connects people via 36 second video updates. Since launching its mobile apps in March 2012, Keek has quickly become the leading social video platform. Supported by best-in-class technology, Keek's rapidly growing community continues to log huge amounts of original user-generated videos and social activity every day. Posting new "Keeks" (and video responses in the form of "Keekbacks") is fun, simple and incredibly fast. www.keek.com
July 12, 2013.
- view all videos-
MacroBits by Marshall Auerback
MacroBits can now be found here.
- view the MacroBits page-