TORONTO, ONTARIO--(Marketwired - July 7, 2015) - Pinetree Capital Ltd. (TSX:PNP) announces that at its annual shareholder meeting held earlier today, all of the nominees listed in its management information circular for the meeting were elected as directors of the company. Each director was elected by a majority of the shareholders by a show of hands. The results of the shares voted by proxy in respect of the election of each director are set out below:
| Nominee | Shares Voted For | Shares Withheld | ||
| Andrew Fleming | 18,006,078 (80.56 | %) | 4,344,447 (19.44 | %) |
| Gerry Goldberg | 17,789,847 (79.59 | %) | 4,560,678 (20.41 | %) |
| Dennis Logan | 18,074,478 (80.87 | %) | 4,276,047 (19.13 | %) |
| Bruno Maruzzo | 17,953,747 (80.33 | %) | 4,396,778 (19.67 | %) |
| Ronald Perry | 17,921,778 (80.19 | %) | 4,428,747 (19.81 | %) |
| Andrew Steuter | 18,039,778 (80.71 | %) | 4,310,747 (19.29 | %) |
| John Varghese | 18,077,028 (80.88 | %) | 4,273,497 (19.12 | %) |
All other matters put before shareholders at the meeting were approved. The complete voting results are available under the company's profile at www.sedar.com.
About Pinetree
Pinetree is a diversified investment and merchant banking firm focused on the small cap market, with early stage investments in resource, biotechnology and technology companies. Pinetree's shares are listed on the Toronto Stock Exchange under the symbol "PNP".
Contact Information:
Richard Patricio, LL.B.
Chief Executive Officer
416-941-9600
ir@pinetreecapital.com
www.pinetreecapital.com