Pinetree Capital Ltd.

Pinetree Capital Ltd.

March 23, 2006 08:11 ET

Pinetree Grants Options to an Officer and Director

TORONTO, ONTARIO--(CCNMatthews - March 23, 2006) - Pinetree Capital Ltd. (TSX:PNP) today announced that it has granted 300,000 options to an officer and director of the Corporation. The options are exercisable at $15.25 per share and are for a term of five years.

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