Pinetree Capital Receives Latest Unaudited Financial Results

Pinetree Capital Ltd.(TSX:PNP) announced its unaudited results for three months ended March 31, 2012.

As quoted in the press release:

For the three months ended March 31, 2012, Pinetree had a net loss of $5 million, as compared to $11 million for the same quarter last year. For the three months ended March 31, 2012, the Company had net investment losses of $647,000 as compared to $13 million for the same quarter last year. For the three months ended March 31, 2012, the Company had total expenses of $6 million as compared to $3 million for the same quarter last year. Loss per share was $0.04 for the three months ended March 31, 2012, as compared to $0.08 for the three months ended March 31, 2011.

Click here to read the Pinetree Capital Ltd. (TSX:PNP) press release