Business News • MarketWire • Pinetree Capital Ltd. Acquires Securities of Titan Uranium Inc. |
Pinetree Capital Ltd. Acquires Securities of Titan Uranium Inc. |
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Pinetree Capital Ltd. Acquires Securities of Titan Uranium Inc.
TORONTO, ONTARIO--(Marketwire - Feb. 8, 2011) - Pinetree Capital Ltd. (TSX:PNP), announces that through a series of transactions ending on February 7, 2011, it acquired ownership of 745,000 common shares ("Common Shares") of Titan Uranium Inc. ("Titan Uranium") representing approximately 0.6% of the total issued and outstanding common shares of Titan Uranium as of February 7, 2011. As a result of this transaction, Pinetree and its joint actors collectively held, as at February 7, 2011, an aggregate of 10,111,542 common shares of Titan Uranium, including the Common Shares and rights to acquire an additional 3,950,000 common shares of Titan Uranium upon exercise of certain convertible securities (the "Convertible Securities"). Of these totals, Pinetree owns 3,999,342 common shares, including the Common Shares and 1,500,000 of the Convertible Securities (the "Pinetree Convertible Securities") directly. In the event th
View More : http://www.marketwire.com/mw/release.do?id=1392689&sourceType=3
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