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News Releases

Pinetree Capital Announces Change Of Auditor

TORONTO, Ontario (January 5, 2016) – Pinetree Capital Ltd. (TSX: “PNP”) announces that it has changed its auditor from Ernst & Young LLP (the "Former Auditor") to MNP LLP (the "Successor Auditor"). The Former Auditor resigned effective January 4, 2016, at Pinetree’s request, and the company’s board of directors appointed the Successor Auditor to fill the resulting vacancy until the close of the next annual meeting of the company’s shareholders.

The change of auditor notice required under National Instrument 51-102 - Continuous Disclosure Obligations and associated material will be filed on SEDAR under Pinetree’s profile within the prescribed time period.  There were no “reportable events” (within the meaning of NI 51-102) involving the Former Auditor.

About Pinetree
Pinetree is a diversified investment and merchant banking firm focused on the small cap market, with early stage investments in resource, biotechnology and technology companies.  Pinetree’s shares are listed on the Toronto Stock Exchange under the symbol “PNP”.

Investor Relations:
Richard Patricio, LL.B.
Chief Executive Officer
Pinetree Capital Ltd.
130 King Street West, Suite 2500
Toronto, Ontario, Canada, M5X 2A2
Phone: 416-941-9600
Email: ir@pinetreecapital.com
Website: www.pinetreecapital.com
©Copyright 2012 Pinetree Capital Ltd.