11:52 AM EST - Pinetree Capital Ltd. : said it acquired ownership of 1.0 million shares of Rye Patch Gold Corp. and 1.0 million share purchase warrants. Each Warrant entitles the holder to purchase one additional common share at a price of $0.15 per share until February 23, 2011. Pinetree is a diversified investment and merchant-banking firm focused on the small cap market. Pinetree's investments are primarily in the resources sector: Uranium, Oil & Gas, Molybdenum, Precious Metals, Potash and Rare Earths, and Base Metals. Pinetree Capital Ltd.
shares T.PNP are trading down $0.07 at $0.88.
