TSX: PNP     Last: 3.77     Change: -0.04
TSX: PNP     Last: 3.77     Change: -0.04

Pinetree Capital Ltd. Announces Appointment of Interim CFO

April 13, 2015

TORONTO, Ontario (April 13, 2015) – Pinetree Capital Ltd. (“Pinetree”) (TSX: PNP; PNP.db) announces the resignation of Gerry Feldman, the company’s Vice President Corporate Development & Chief Financial Officer, effective today.   Mr. Feldman resigned in order to focus his attention on his other ventures and business interests.  The board of directors thanks Mr. Feldman for his many years of dedicated service to the Company, and wishes him well in his future endeavours.

Carmelo Marrelli will be appointed as interim Chief Financial Officer.  Mr. Marrelli is a Certified Public Accountant in Ontario and a principal of Marrelli Support Services Inc., a firm specializing in providing administration services to Canadian public companies.  He also acts as CFO for several other public companies.

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, with early-stage investments in resource, biotechnology and technology companies.

Further Information:
Richard Patricio, LL.B.
Chief Executive Officer
Pinetree Capital Ltd.
130 King Street West, Suite 2500
Toronto, Ontario, Canada, M5X 2A2
Phone: 416-941-9600
Email: ir@pinetreecapital.com
Website: www.pinetreecapital.com

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