TORONTO, ONTARIO — (Marketwired) — 08/08/13 — Pinetree Capital Ltd. ("Pinetree") (TSX: PNP) today announces its unaudited financial results for the three and six months ended June 30, 2013.During the second quarter of fiscal 2013, Pinetree had a net loss of $63 million, as compared to $116 million for the same quarter last year. Net loss generated was primarily the result of net investment losses of $61 million in the quarter, comprised of $55 million in unrealized losses on invest
Company Appoints Karl Kurz, Key Industry Leader, to Join Petrochemical Veterans Mark Noetzel and Ed Dineen
TORONTO, CANADA — (Marketwired) — 07/16/13 — Pinetree Capital Ltd. (TSX: PNP) ("Pinetree") announces that further to its July 12, 2013 press release, Equity Financial Trust Company, as trustee under the convertible debenture indenture dated May 17, 2011, as supplemented by the first supplemental indenture dated December 11, 2012 (together, the "Indenture"), in each case, between the company and Equity Financial, which govern Pinetree-s 8% convertible unsecured subordinate
TORONTO, CANADA — (Marketwired) — 07/15/13 — Pinetree Capital Ltd. (TSX: PNP), announces that as at June 30, 2013, Pinetree-s unaudited net asset value per share ("NAV") was $0.76.NAV is calculated as at a particular date and is, by its nature, historical, and may not be reflective of Pinetree-s future performance.Pinetree discloses an unaudited monthly NAV within 15 days after the month-end. The latest month-end NAV and more details about Pinetree and its investments can be found
TORONTO, CANADA — (Marketwired) — 07/12/13 — Pinetree Capital Ltd. (TSX: PNP) ("Pinetree") announces that, as at June 30, 2013, it was not in compliance with one of the debt covenants contained in the convertible debenture indenture dated May 17, 2011, as supplemented by the first supplemental indenture dated December 11, 2012, in each case, between the company and Equity Financial Trust Company, as trustee, which govern Pinetree-s 8% convertible unsecured subordinated debentures d
TORONTO, CANADA — (Marketwired) — 07/11/13 — Pinetree Capital Ltd. (TSX: PNP), announces that on July 10, 2013, through a business combination between Sendero Mining Corp. ("Sendero") and Halo Resources Ltd., it acquired ownership of 2,275,524 common shares (the "Common Shares") of Sendero and 2,275,524 common share purchase warrants (the "Warrants") (each warrant entitling the holder to acquire one additional Common Share at a price per common share of $0.40 un
SAN FRANCISCO, CA — (Marketwired) — 07/09/13 — , which develops technology and processes for transforming natural gas into chemicals and fuels, announced today the appointment of Guido Radaelli to the position of Vice President of Engineering. Mr. Radaelli will manage Siluria-s engineering team and lead the company-s technology scale-up efforts. He will report to Siluria Chief Executive Officer Ed Dineen directly.Over the last two decades, Guido has led design and implementation of major new
TORONTO, CANADA — (Marketwired) — 06/13/13 — Pinetree Capital Ltd. (TSX: PNP) announces that at its annual and special shareholder meeting held earlier today, all of the nominees listed in its management information circular for the meeting were elected as directors of the company. Each director was elected by a majority of the shareholders by a show of hands. The results of the shares voted by proxy in respect of the election of each director are set out below:About PinetreePinetree Capital
PIDX e-Business Standards Deliver Huge Value in the Energy Supply Chain
GIBRALTAR, GIBRALTAR — (Marketwire) — 10/15/12 –is pleased to announce it has executed a Petroleum License along with Signet Petroleum, with the Petroleum Directorate of Sierra Leone for Block SL7A-10 on 12th September 2012. The Petroleum License was ratified by the Sierra Leone Parliament in Freetown on 21st September 2012.Minexco was appointed as Operator of the Block with a 90% participation interest and Signet Petroleum holds a 10% interest.Block SL 7A-10 covers three thousand four hundre
