Business NewsMarketWire • Pinetree Capital Ltd. Acquires Securities of AirIQ Inc.

Pinetree Capital Ltd. Acquires Securities of AirIQ Inc.

Pinetree Capital Ltd. Acquires Securities of AirIQ Inc.

TORONTO, ONTARIO--(Marketwire - June 1, 2011) -Pinetree Capital Ltd. (TSX:PNP) announces that on May 31, 2011, it acquired ownership of 700,000 common shares (the "Common Shares") of AirIQ Inc. ("AirIQ"), representing approximately 4.4% of the total issued and outstanding common shares of AirIQ as of May 31, 2011. As a result of this transaction, Pinetree held, as at May 31, 2011, an aggregate of 1,964,395common shares of AirIQ, including the Common Shares, representing approximately 12.4% of all issued and outstanding common shares as at May 31, 2011.

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