Pinetree Capital reports Correction to Press Release

Pinetree Capital Ltd. (TSX:PNP) reported its previously issued press release of March 9,2010, announcing its results for the 3 months and year ended December 31, 2009, contained an error in its heading.The heading incorrectly indicated that the results were unaudited. The results were audited.

The press release is quoted as saying:

Pinetree Capital Ltd. (“Pinetree”) (TSX:PNP) announces that its previously issued press release of today, announcing its results for the 3 months and year ended December 31, 2009, contained an error in its heading.

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