Pinetree Capital Ltd. Acquires Common Shares Of Ditem Explorations Inc.
January 29, 2007
TORONTO, Ontario (January 29, 2007) –
These transactions were made for investment purposes and Pinetree and each of its joint actors could increase or decrease their respective investments in Ditem depending on market conditions or any other relevant factor.
About Pinetree
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.
This news release contains forward-looking statements within the meaning of the “safe harbour” provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements are subject to risks and uncertainties and other factors that may cause Pinetree’s results to differ materially from expectations. These include risks relating to market fluctuations, investee performance and other risks. These forward-looking statements speak only as of the date hereof. Pinetree disclaims any intent or obligation to update these forward-looking statements.
Investor Relations Contact for Pinetree Capital Ltd.:
Larry Goldberg , C.A.
Executive Vice President and Chief Financial Officer
Pinetree Capital Ltd.
130 King Street West, Suite 2500
Toronto , Ontario , Canada , M5X 1A9
416-941-9600
Email: ir@pinetreecapital.com Web Site: www.pinetreecapital.com