Mr. Sheldon Inwentash of Pinetree Capital reports
PINETREE CAPITAL LTD. ACQUIRES SECURITIES OF WOLFPACK GOLD CORP.
On May 21, 2013, as a result of a reverse takeover by Wolfpack Gold Corp. of Tigris Uranium Corp., Pinetree Capital Ltd. acquired ownership of 4,266,666 common shares of Wolfpack Gold, representing approximately 8.6 per cent of the total issued and outstanding common shares of Wolfpack as of May 21, 2013. As a result of this transaction, Pinetree and its joint actors collectively held, as at May 21, 2013, an aggregate of 6,041,666 common shares of Wolfpack, including the recently acquired common Shares, representing approximately 12.2 per cent of all issued and outstanding common shares as at May 21, 2013.
These transactions were made for investment purposes, and Pinetree or its joint actors could increase or decrease their investment in Wolfpack depending on market conditions or any other relevant factor.
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