RE: RE: RE: RE: RE: Matagorda Bay...Wrong. There was no sell from any insider. I allways check insider reports since 2010 august . There was only buying.
I checked Pinetree homepage and there is no information about sells (only buys). They hold hundrets of stocks so all of them are not listed in fronpage. but You can find all acquired securities by year and by name.
Pinetree Capital Ltd. Acquires Securities Of Galena Capital Corp.
TORONTO, Canada (May 28, 2010) Pinetree Capital Ltd. (TSX: PNP), announcesthat on May 21, 2010, it acquired ownership of 5,000,000 common shares(“Common Shares”) and 2,500,000 common share purchase warrants (the“Warrants”) of Galena Capital Corp. (“Galena”). EachWarrant entitles the holder to acquire one common share of Galena at aprice of
.15 until May 21, 2010. In the event that the Warrants arefully exercised, these holdings represent approximately 8.7% of thetotal issued and outstanding common shares of Galena as of May 21, 2010,calculated on a partially diluted basis assuming the exercise of theWarrants only. As a result of this transaction, Pinetree and its jointactors collectively held, as at May 21, 2010, an aggregate of 9,840,000common shares of Galena, including the Common Shares and rights toacquire an additional 4,025,000 common shares of Galena upon exercise ofcertain convertible securities (the “Convertible Securities”),including the Warrants. Of these totals, Pinetree owns 9,390,000 commonshares, including the Common Shares and 3,625,000 of the ConvertibleSecurities (the “Pinetree Convertible Securities”) directly. In theevent that the Convertible Securities are fully exercised, the holdingsof Pinetree and its joint actors represents a total of 13,865,000 commonshares of Galena, or approximately 15.9% of all issued and outstandingcommon shares as at May 21, 2010, calculated on a partially dilutedbasis assuming the exercise of the Convertible Securities only. In theevent that the Pinetree Convertible Securities are fully exercised, thedirect holdings of Pinetree represents a total of 13,015,000 commonshares of Galena, or approximately 15.0% of all issued and outstandingcommon shares as at May 21, 2010, calculated on a partially dilutedbasis assuming the exercise of the Pinetree Convertible Securities only.
These transactions were made for investment purposesand Pinetree or its joint actors could increase or decrease theirinvestment in Galena depending on market conditions or any otherrelevant factor.