Pinetree Capital Ltd. Acquires Securities Of Aldershot Resources Ltd.
May 1, 2009
TORONTO, Canada Pinetree Capital Ltd. (TSX: PNP), announces that, through a series of transactions ending on April 30, 2009, it acquired ownership of 288,000 common shares (“Common Shares”) of Aldershot Resources Ltd. (“Aldershot”) through the facilities of the TSX Venture Exchange representing approximately 0.4% of the total issued and outstanding common shares of Aldershot as of April 30, 2009. As a result of this transaction, Pinetree held, as at April 30, 2009, an aggregate of 5,538,000 common shares of Aldershot and rights to acquire an additional 3,000,000 common shares of Aldershot upon the exercise of convertible securities (collectively, the “Convertible Securities”). In the event that the Convertible Securities are fully exercised, the holdings of Pinetree represent a total of 8,538,000 common shares of
These transactions were made for investment purposes and Pinetree could increase or decrease its investments in
Pinetree Capital Ltd. ("Pinetree") was incorporated under the laws of the
For more details about Pinetree and its investments, please visit our website at www.pinetreecapital.com
Executive Vice President and Chief Financial Officer
Pinetree Capital Ltd.
Toronto, Ontario, Canada, M5X 1A9
Web Site: www.pinetreecapital.com