Pinetree Capital Ltd T.PNP.DB

Primary Symbol: T.PNP Alternate Symbol(s): PNPFF

Financial Services Asset Management

Pinetree Capital Ltd. is a value-oriented investment and merchant banking company focused on the technology sector. The Company's objective is to maximize shareholder value. It invests primarily in equity, as well as debt and convertible securities. The Company holds approximately 8-12 investments, resulting in equity positions between 7% and 12% of assets (though its positions may at times reach or exceed 20%). Its subsidiaries include Pinetree Capital Investment Corp. (PCIC) and Emerald Capital Corp., and Pinetree Income Partnership (PIP).

TSX:PNP - Post by User

Pinetree Capital Ltd

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Post by snoop187on Sep 06, 2007 4:21pm

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Post# 13352882

read news release carefully

TORONTO, ONTARIO--(Marketwire - Sept. 4, 2007) - Pinetree Capital Ltd. (TSX:PNP), a Canadian investment company, announces its intention to renew its normal course issuer bid (the "Bid") through the facilities of the Toronto Stock Exchange, and purchase up to 4,500,000 of its common shares.... They say "UP TO"...so they might not buy any of its shares back...kinda sounds like the wording of the senator from idaho!

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