This item is part of Stockwatch's value added news feed and is only available to Stockwatch subscribers.Here is a sample of this item:Pinetree Capital acquires three million AMI shares 2009-11-06 15:13 ET - News Release Also News Release (C-AMU) AMI Resources Inc
Mr. Larry Goldberg of Pinetree reports PINETREE CAPITAL LTD. ACQUIRES SECURITIES OF AMI RESOURCES INC.
On Nov. 2, 2009, Pinetree Capital Ltd. acquired ownership of three million common shares of AMI Resources Inc. and 1.5 million common share purchase warrants. Each warrant entitles the holder thereof to acquire one additional common share at a price of 20 cents per share until April 28, 2011. In the event that the warrants are fully exercised, these holdings represent approximately 9.2 per cent of the total issued and outstanding common shares of AMI as of Nov. 2, 2009, calculated on a partially diluted basis assuming the exercise of the warrants only. As a result of this transaction, Pinetree held, as at Nov. 2, 2009, a total of 7,638,000 common shares of AMI, including the common shares and rights to acquire an additional 3.5 million common shares of AMI upon the exercise of convertible securities, including the warrants. In the event that the convertible securities are fully exercised, the holdings of Pinetree represents a total of 11,138,000 common shares of AMI, or approximately 22.0 per cent of all issued and outstanding common shares as at Nov. 2, 2009, calculated on a partially diluted basis assuming the exercise of the convertible securities only.
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