Brief: Pinetree Capital announces rights offering

Pinetree Capital

10/03/2016 24:04

March 9 (Reuters) - Pinetree Capital Ltd  PNP.TO : 
 * Announces rights offering 
 * Each right will entitle holder to subscribe for one share of Pinetree on 
   payment of subscription price of $0.025 per common share 
 * If all of rights issued under rights offering are validly exercised offering 
   will raise gross proceeds of approximately $5.65 million 
 * Source text for Eikon  urn:newsml:reuters.com:*:nCNWVPJYva 
 * Further company coverage  PNP.TO   
 ((Bengaluru Newsroom; +1 646 223 8780))