03:54 PM EST - Pinetree Capital Ltd. : announced that it has acquired ownership of one million common shares and one million common share purchase warrants of Burnstone Ventures Inc. Each warrant entitles the holder thereof to acquire one additional common share at $0.10 until December 15, 2011. As a result of the transaction, Pinetree held, as at December 15, 2009, an aggregate of 1.35 million common shares of Burnstone, including the common shares and the warrants. The company also announced that it has acquired ownership of 2.5 million common shares and 1.25 million common share purchase warrants of Ginguro Exploration Inc. Each warrant entitles the holder thereof to acquire one additional common share at $0.15 until June 17, 2011. Pinetree Capital Ltd.
shares T.PNP are trading down $0.08 at $1.97.
