Pinetree Capital Ltd. Acquires Securities of Keek Inc.
March 07 2014 - 4:00PM
Marketwired
Pinetree Capital Ltd. Acquires Securities of Keek Inc.
TORONTO, CANADA--(Marketwired - Mar 7, 2014) - Pinetree Capital
Ltd. (TSX:PNP), announces that on March 6, 2014, as a result of a
reverse take-over by Keek Inc. ("Keek") of Primary Petroleum
Corporation, it acquired ownership of 38,786,027 common shares
("Common Shares") of Keek representing approximately 11.3% of the
total issued and outstanding common shares of Keek as of March 6,
2014. As a result of this transaction, Pinetree and its joint
actors collectively held, as at March 6, 2014, an aggregate of
52,823,527 common shares of Keek, including the Common Shares,
representing approximately 15.4% of all issued and outstanding
common shares as at March 6, 2014. Of these totals, Pinetree
Capital owns only the Common Shares.
These transactions were made for investment purposes and
Pinetree or its joint actors could increase or decrease their
investment in Keek 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 following sectors: Precious Metals, Uranium and
Technology. 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. Pinetree is recognized
as a value added partner.
Pinetree Capital Ltd.Sheldon Inwentash, CPA, CA.Chairman &
CEO416-643-3884Pinetree Capital Ltd.Gerry Feldman, CPA, CA.CFO
& Vice President, Corporate
Development416-643-3884feldman@pinetreecapital.comInvestor
Relations:Pinetree Capital LtdRichard Patricio, LL.B.Vice
President, Legal and Corporate
Affairs416-941-9600ir@pinetreecapital.comPinetree Capital Ltd.130
King Street West, Suite 2500Toronto, Ontario, Canada, M5X
2A2www.pinetreecapital.com
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