Pinetree Capital Ltd. Announces 2-for-1 Stock Split By Way Of Stock Dividend
July 5, 2006
Toronto (July 5, 2006) - Pinetree Capital Ltd. (“Pinetree”) (TSX: PNP) today announces that the previously announced two-for-one stock split of its common shares will be effected by way of a stock dividend.
Shareholders of record as at the close of business on July 19, 2006 will be entitled to receive one additional common share of Pinetree for each common share owned at that time. The stock dividend is payable on July 31, 2006 and certificates evidencing the dividend will be mailed to registered shareholders commencing on that date.
Pinetree’s common shares are expected to commence trading on a post-stock dividend basis on the Toronto Stock Exchange on July 17, 2006.
Pinetree’s investment approach is to build a macro position in a sector, find the micro-cap opportunities in that sector and work with those companies to build them to commercial production and create an exit.
For more details about Pinetree and its investments, please visit our website at www.pinetreecapital.com.
Investor Relations Contact for Pinetree Capital Ltd.:
Executive Vice President and Chief Financial Officer
Pinetree Capital Ltd.