Investments





2012 - Q2

Below is a list of Pinetree's disclosed investees by name, as at June 30, 2012.

Issuer Security Description Cost
('000)
Fair
Value
('000)
African Gold Group Inc.
AGG:TSXV
Precious Metals
16,350,000 common shares
650,000 warrants expire Dec 17, 2012
6,100 2,207
Americas Petrogas Inc.
API:TSXV
Oil & Gas
2,575,000 common shares
5,450 4,687
Apogee Silver Ltd.
APE:TSXV
Precious Metals
17,000,000 common shares
2,500,000 warrants expire Dec 3, 2012
3,005 1,275
Argentum Silver Corp.
ASL:TSXV
Precious Metals
10,090,910 common shares
1,532 1,009
Beaufield Resources Inc.
BFD:TSXV
Base Metals
8,395,000 common shares
500,000 warrants expire Mar 2, 2013
3,799 1,259
Bridgeport Ventures Inc.
BPV:TSX-V
Base Metals
4,602,500 common shares
500,000 warrants expire Dec 1, 2012
250,000 warrants expire Dec 20, 2012
2,361 1,772
Brownstone Energy Inc.
BWN:TSXV
Oil & Gas
12,740,220 common shares
337,500 warrants expire Sep 11, 2012
1,369,110 warrants expire Apr 13, 2014
10,102 2,803
Caledonia Mining Corporation
CAL:TSX
Precious Metals
51,288,000 common shares
7,381 3,590
Canada Lithium Corp.
CLQ:TSX
Potash, Lithium and Rare Earths
5,000,000 common shares
2,337 2,375
Canadian Orebodies Inc.
CO:TSXV
Base Metals
15,500,000 common shares
1,000,000 warrants expire Dec 15, 2012
500,000 warrants expire May 18, 2013
750,000 warrants expire Dec 28, 2013
3,689 2,072
Canadian Spirit Resources Inc.
SPI: TSXV
Oil & Gas
4,000,000 common shares
3,457 1,210
Cline Mining Corp.
TIC:TSXV
Coal
1,500,000 common shares
1,924 1,380
Coro Mining Corp.
COP:TSX
Base Metals
13,362,500 common shares
6,398 3,608
Cream Minerals Ltd.
CMA:TSXV
Precious Metals
23,722,500 common shares
5,000,000 warrants expire Dec 21, 2012
4,563 2,135
Donnybrook Energy Inc.
DEI:TSXV
Oil & Gas
14,000,000 common shares
5,225 1,540
Energy Fuels Inc.
EFR:TSX
Uranium
15,793,552 common shares
$1,000,000 promissory note
1,020,000 warrants expire Nov 30, 2012
500,000 warrants expire Mar 31, 2015
2,816,000 warrants expire Jun 21, 2015
10,853 3,825
Euromax Resources Ltd.
EOX:TSXV
Precious Metals
10,600,000 common shares
2,500,000 warrants expire Jan 13, 2014
2,961 2,120
European Uranium Resources Ltd. (formerly Tournigan Uranium Corp.)
EUU:TSXV
Uranium
5,769,770 common shares
100,000 warrants expire Jul 14, 2012
250,000 warrants expire Dec 30, 2012
5,882 1,212
Gold Canyon Resources Inc.
GCU:TSXV
Precious Metals
15,512,900 common shares
475,000 warrants expire Sep 23, 2012
300,000 warrants expire Oct 29, 2012
10,677 20,491
Golden Tag Resources Ltd.
GOG:TSXV
Precious Metals
5,600,000 common shares
2,000,000 warrants expire Nov 30, 2012
909,091 warrants expire Apr 20, 2013
2,927 1,232
Hodges Resources Limited
CMK:TSX
Coal
3,900,000 common shares
3,477 3,120
International Northair Mines Ltd.
INM:TSXV
Precious Metals
5,550,000 common shares
2,349 1,277
Kilo Goldmines Ltd.
STA:TSXV
Precious Metals
12,500,500 common shares
1,000,000 warrants expire May 12, 2013
3,046 2,000
Latin American Minerals Inc.
LAT:TSXV
Precious Metals
16,700,000 common shares
1,000,000 warrants expire Sep 10, 2012
1,000,000 warrants expire Oct 5, 2012
6,763 1,670
Lithium Americas Corp.
LAC:TSX
Potash, Lithium and Rare Earths
5,800,000 common shares
500,000 warrants expire Jan 6, 2015
7,957 5,220
Macarthur Minerals Ltd.
MMS:TSXV
Base Metals
7,000,000 common shares
500,000 warrants expire Jan 3, 2013
9,271 2,835
MacDonald Mines Exploration Ltd.
BMK:TSXV
Base Metals
17,000,000 common shares
7,017 1,610
Macusani Yellowcake Inc.
YEL:TSXV
Uranium
17,750,633 common shares
1,166,666 warrants expire Sep 12, 2012
1,500,000 warrants expire Nov 4, 2012
1,600,000 warrants expire Dec 17, 2012
500,000 warrants expire Mar 25, 2013
10,421 2,488
Matamec Explorations Inc.
MAT:TSXV
Potash, Lithium and Rare Earths
13,250,001 common shares
4,597 2,650
Mawson Resources Limited
MAW:TSX
Precious Metals
5,451,100 common shares
441,176 warrants expire Apr 30, 2012
4,166 8,978
Mega Precious Metals Inc.
MGP:TSXV
Precious Metals
14,496,100 common shares
250,000 warrants expire Nov 9, 2013
750,000 warrants expire Mar 22, 2014
8,053 4,051
Mega Uranium Ltd.
MGA:TSX
Uranium
13,150,000 common shares
1,500,000 warrants expire Oct 26, 2014
35,386 2,562
Nighthawk Gold Corp. (formerly Merc International Minerals Inc.)
MRK:TSXV
Precious Metals
7,350,000 common shares
875,000 warrants expire Mar 7, 2013
1,000,000 warrants expire Sep 21, 2013
2,253 1,134
Nortec Minerals Corp.
NVT:TSXV
Precious Metals
18,156,000 common shares
3,024 1,271
Oroco Resource Corp.
OCO:TSXV
Precious Metals
7,211,500 common shares
500,000 warrants expire Oct 26, 2012
500,000 warrants expire Sep 5, 2013
500,000 warrants expire Oct 14, 2012
500,000 warrants expire May 23, 2013
2,089 1,730
Powertech Uranium Corp.
PWE:TSX
Uranium
9,710,000 common shares
750,000 warrants expire Mar 15, 2013
3,859 1,214
Primary Petroleum Corp.
PIE:TSX
Oil & Gas
17,250,000 common shares
5,584 7,418
Probe Mines Ltd.
PRB:TSXV
Precious Metals
1,000,000 common shares
750,000 warrants expire Apr 21, 2013
965 1,050
Prodigy Gold Inc.
PDG:TSXV
Precious Metals
13,550,000 common shares
7,749 7,588
Queenston Mining Inc.
QMI:TSX
Precious Metals
5,500,000 common shares
15,256 18,590
Redstar Gold Corp.
RGC:TSXV
Precious Metals
10,808,000 common shares
1,000,000 warrants expire Jul 14, 2013
2,910 2,324
Rio Verde Minerals Development Corp.
CLQ:TSX
Potash, Lithium and Rare Earths
6,750,000 common shares
1,000,000 warrants expire Jun 27, 2016
2,698 1,654
Sanatana Resources Inc.
STA:TSXV
Precious Metals
6,629,000 common shares
4,271 1,922
Shoal Point Energy Ltd.
SHP:CNSX
Oil & Gas
11,000,000 common shares
250,000 warrants expire Sep 3, 2012
250,000 warrants expire Oct 25, 2012
1,000,000 warrants expire Apr 24, 2013
1,000,000 warrants expire Apr 29, 2013
500,000 warrants expire Aug 21, 2013
2,828 1,210
Soltoro Ltd.
SOL:TSXV
Precious Metals
4,150,000 common shares
2,846 1,453
Stans Energy Corp.
RUU:TSXV
Potash, Lithium and Rare Earths
10,425,000 common shares
250,000 warrants expire Apr 28, 2013
7,598 6,047
Talon Metals Corp.
TLO:TSX
Oil & Gas
5,250,000 common shares
205,000 warrants expire Oct 29, 2012
4,276 1,680
Temex Resources Corp.
TME:TSXV
Precious Metals
10,500,000 common shares
625,000 warrants expire Nov 19, 2012
4,847 1,628
Tigris Uranium Corp.
TU:TSXV
Uranium
8,800,000 common shares
250,000 warrants expire Aug 22, 2012
2,825 1,408
Titanium Corporation Inc.
HDG:ASE
Technology and Other
8,022,067 common shares
2,571 1,213
U308 Corp.
UWE:TSXV
Uranium
12,123,771 common shares
750,000 warrants expire Oct 14, 2012
441,250 warrants expire Feb 15, 2013
500,000 warrants expire Feb 9, 2014
6,591 3,880
Unigold Inc.
UDG:TSXV
Precious Metals
21,878,000 common shares
750,000 warrants expire Nov 17, 2013
1,750,000 warrants expire Mar 8, 2014
6,552 6,442
Vanoil Energy Ltd.
VEL:TSXV
Oil & Gas
4,150,000 common shares
500,000 warrants expire Oct 6, 2013
2,023 2,490
Virginia Energy Resources Inc.
VAE:TSXV
Uranium
11,000,000 common shares
750,000 warrants expire Apr 21, 2014
100,000 warrants expire Jul 21, 2014
6,868 1,540
Woulfe Mining Corp.
WOF:TSXV
Base Metals
9,091,000 common shares
3,436 1,800
©Copyright 2012 Pinetree Capital Ltd.