Mr. Sheldon Inwentash of Pinetree reports
PINETREE CAPITAL LTD. ACQUIRES SECURITIES OF MANITEX CAPITAL INC.
On Aug. 28, 2014, Pinetree Capital Ltd. acquired ownership of 22,500 common shares of Manitex Capital Inc. through the facilities of the TSX Venture Exchange, representing approximately 0.2 per cent of the total issued and outstanding common shares of Manitex as of Aug. 28, 2014. As a result of this transaction, Pinetree and its joint actors collectively held, as at Aug. 28, 2014, an aggregate of 2,277,406 common shares of Manitex, including the common shares referred to above, or approximately 18.4 per cent of the total issued and outstanding common shares of Manitex as of Aug. 28, 2014. Of these totals, Pinetree owns 2,122,406 common shares, including the common shares referred to above, directly, or approximately 17.2 per cent of the total issued and outstanding common shares of Manitex as of Aug. 28, 2014.
These transactions were made for investment purposes, and Pinetree and its joint actors could increase or decrease their investment in Manitex depending on market conditions or any other relevant factor.
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