Pinetree Capital steigt bei Weststar Resources ein ! - 500 Beiträge pro Seite

[G.W.Pratte]

03.11.2010 21:05
Pinetree Capital Ltd. Acquires Securities of Weststar Resources Corp.

TORONTO, ONTARIO -- (Marketwire) -- 11/03/10 -- Pinetree Capital Ltd. (TSX: PNP), announces that on October 29, 2010, it acquired ownership of 600,000 common shares ("Common Shares") and 600,000 common share purchase warrants (the "Warrants") of Weststar Resources Corp. ("Weststar"). Each Warrant entitles the holder thereof to acquire one additional common share at a price of $0.23 until October 27, 2012. In the event that the Warrants are fully exercised, these holdings represent approximately 10.8% of the total issued and outstanding common shares of Weststar as of October 29, 2010, calculated on a partially diluted basis assuming the exercise of the Warrants only. As a result of this transaction, Pinetree held, as at October 29, 2010, an aggregate of 933,333 common shares of Weststar, including the Common Shares, and rights to acquire an additional 733,333 common shares of Weststar upon exercise of certain convertible securities, including the Warrants (the "Convertible Securities"). In the event that the Convertible Securities are fully exercised, the holdings of Pinetree represents a total of 1,666,666 common shares of Weststar, or approximately 14.8% of all issued and outstanding common shares as at October 29, 2010, calculated on a partially diluted basis assuming the exercise of the Convertible Securities only.

This transaction was made for investment purposes and Pinetree could increase or decrease its investment in Weststar depending on market conditions or any other relevant factor.

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.

[G.W.Pratte]

http://www.weststarresources.com/s/Home.asp

[roterBiker]

es wird ja mal so langsam Zeit, daß sich hier was bewegt...hoffentlich auch weiterhin nach Norden !!

[Feinunze]

Antwort auf Beitrag Nr.: 40.519.622 von roterBiker am 14.11.10 20:41:30

...du sagst es

Die Feinunze

[G.W.Pratte]

Antwort auf Beitrag Nr.: 40.534.664 von Feinunze am 16.11.10 23:01:10

[hasi22]

heute wird folgendes eingekauft

Pinetree Capital Ltd. Acquires Securities of Golden Tag Resources Ltd.

TORONTO, ONTARIO, Dec 3, 2010 (Marketwire via COMTEX News Network) --
Pinetree Capital Ltd. (TSX:PNP), announces that on December 2, 2010, it acquired ownership of 2,000,000 common shares ("Common Shares") and 2,000,000 common share purchase warrants (the "Warrants") of Golden Tag Resources Ltd. ("Golden Tag"). Each Warrant entitles the holder thereof to acquire one additional common share at a price of $0.60 until November 30, 2011 and at a price of $0.70 until November 30, 2012. In the event that the Warrants are fully exercised, these holdings represent approximately 8.4% of the total issued and outstanding common shares of Golden Tag as of December 2, 2010, calculated on a partially diluted basis assuming the exercise of the Warrants only. As a result of this transaction, Pinetree held, as at December 2, 2010, an aggregate of 2,820,500 common shares of Golden Tag, including the Common Shares, and the Warrants. In the event that the Warrants are fully exercised, Pinetree would hold an aggregate of 4,820,500 common shares or approximately 10.1% of all issued and outstanding common shares as at December 2, 2010, calculated on a partially diluted basis assuming the exercise of the Warrants only.

This transaction was made for investment purposes and Pinetree could increase or decrease its investment in Golden Tag depending on market conditions or any other relevant factor.

Reaktion von GOG
GOLDEN TAG RESOURCES ORD (GOG) Börsenplatz Währung Letzter Preis 10:50:57 Veränderung
Venture CAD .65 +0.05 (+8.3%)
Geldkurs-Volumen Geldkurs - Briefkurs - Briefkurs-Volumen
8'000 .61 .65 3'500

Pinetree steigt sowiso jeden Tag.
Siehe auch Gold und Silber