TSX: PNP     Last: 3.81     Change: 0.00
TSX: PNP     Last: 3.81     Change: 0.00

Pinetree Capital Ltd. Announces Marshall Auerback, Corporate Spokesperson

December 6, 2010

TORONTO, Canada (December 6, 2010) Pinetree Capital Ltd. (TSX: PNP), is pleased to announce the appointment of Marshall Auerback as company corporate spokesperson.  Mr Auerback is a member of Pinetree’s Board of Directors and has some 28 years of global experience in the financial markets, in Hong Kong, Tokyo, New York and Toronto.  He will play a key role in the formulation and articulation of Pinetree's investment strategy.  Currently, Mr Auerback is a Senior Fellow at the Roosevelt Institute, a research associate for the Levy Institute and a fellow for the Economists for Peace and Security. He has served as an advisor to a number of fund management organizations, such as PIMCO, the world’s largest bond fund management group, RAB Capital, and David W. Tice & Associates.  Mr. Auerback graduated magna cum laude from Queen’s University in 1981 and received a law degree from Corpus Christi College, Oxford University, in 1983.

Pinetree’s Chairman and CEO, Sheldon Inwentash, welcomes Mr. Auerback stating, “We are delighted to provide this expanded role for Marshall as corporate spokesperson, which we hope will enhance Pinetree's global profile.”

Pinetree invites shareholders to view a selection of Marshall’s writings at www.pinetreecapital.com/investors/mip/
About Pinetree

Pinetree Capital Ltd. ("Pinetree") was incorporated under the laws of the Province of Ontario and its shares are publicly-traded on the Toronto Stock Exchange (“TSX”) under the symbol “PNP”.  Pinetree is a diversified investment and merchant banking firm focused on the small cap market.  Pinetree’s investments are primarily in the resources sector: Uranium and Coal, Oil & Gas, Precious Metals, Base Metals and Potash, Lithium and Rare Earths.  Pinetree’s investment approach is to develop a macro view of a sector, build a position consistent with the view by identifying micro-cap opportunities within that sector, and devise an exit strategy designed to maximize our relative return in light of changing fundamentals and opportunities.

For more details about Pinetree and its investments, please visit our website at www.pinetreecapital.com

  Investor Relations:
Sheldon Inwentash
Chairman & CEO
Pinetree Capital Ltd.
130 King Street West, Suite 2500
Toronto, Ontario, Canada, M5X 1A9
Website: www.pinetreecapital.com
Richard Patricio
Vice President, Legal and Corporate Affairs
Pinetree Capital Ltd.
130 King Street West, Suite 250
Toronto, Ontario, Canada, M5X 1A9
Phone: 416-941-9600
Email: ir@pinetreecapital.com
Website: www.pinetreecapital.com

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