TSX: PNP     Last: 5.40     Change: -0.05
TSX: PNP     Last: 5.40     Change: -0.05

Pinetree Capital Ltd. Announces Election Of Directors

June 5, 2014

TORONTO, Canada (June 5, 2014) 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:

Nominee Shares Voted For Shares Withheld
Marshall Auerback 28,963,159 (91.41%) 2,720,103 (8.59%)
Andrew Fleming 29,407,560 (92.82%) 2,275,702 (7.18%)
Gerry Goldberg 29,317,479 (92.53%) 2,365,783 (7.47%)
Sheldon Inwentash 28,672,948 (90.50%) 3,010,314 (9.50%)
Bruno Maruzzo 28,870,621 (91.12%) 2,812,641 (8.88%)
Ron Perry 28,712,106 (90.62%) 2,971,156 (9.38%)

All other matters put before shareholders at the meeting were approved.  The complete voting results are available under the company’s profile at www.sedar.com.

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 following sectors: Precious Metals, Uranium and Technology.  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.  Pinetree is recognized as a value added partner.

  Investor Relations:
Sheldon Inwentash, CPA, CA. Richard Patricio, LL.B.
Chairman & CEO Vice President, Legal and Corporate Affairs
Pinetree Capital Ltd. Pinetree Capital Ltd.
  130 King Street West, Suite 2500
Gerry Feldman, CPA, CA. Toronto, Ontario, Canada, M5X 2A2
CFO & Vice President, Corporate Development Phone: 416-941-9600
Pinetree Capital Ltd. Email: ir@pinetreecapital.com
Phone: 416-643-3884 Website: www.pinetreecapital.com
Email: feldman@pinetreecapital.com  

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