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).

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Pinetree Capital Ltd

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Post by royaltonon Jan 26, 2011 9:06am

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Post# 18027524

Pinetree Capital to Disclose Monthly Net Asset Val

Pinetree Capital to Disclose Monthly Net Asset Value Per Share

09:01 EST Wednesday, Jan 26, 2011

TORONTO, ONTARIO--(Marketwire - Jan. 26, 2011) –

Pinetree Capital Ltd. (TSX:PNP), announces that it will begin to publicly disclose unaudited net asset value per share ("NAV") on a monthly basis, commencing with the January 31, 2011 period. This expands on Pinetree's established practice of releasing NAV on a quarterly basis, and reflects our response to shareholder interest in receiving NAV information more frequently.

Monthly NAV will be disclosed by the company in a press release and be available on the company's website approximately fifteen days after each month-end. NAV will be calculated based on unaudited month-end financial information.

NAV is a non-GAAP measure calculated as the value of total assets less the value of total liabilities divided by total number of common shares outstanding, as at a specified date. The term NAV does not have any standardized meaning according to GAAP and therefore may not be comparable to similar measures presented by other companies.

"Pinetree believes that providing monthly NAV updates will be beneficial to our shareholders by providing information that is useful to understanding our performance", states Sheldon Inwentash, Chairman and CEO. "This measure will help provide a benchmark to evaluate our business relative to that of our peers".

About Pinetree

Pinetree Capital Ltd. is an Ontario company whose 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.

FOR FURTHER INFORMATION PLEASE CONTACT:

Sheldon Inwentash

Pinetree Capital Ltd.

Chairman & CEO

416-941-9600

www.pinetreecapital.com

OR

Pinetree Capital Ltd.

Investor Relations:

Richard Patricio

Vice President, Legal and Corporate Affairs