HIGH-GRADE NI-CU-PT-PD-ZN-CR-AU-V-TI DISCOVERIES IN THE "RING OF FIRE"

NI 43-101 Update (September 2012): 11.1 Mt @ 1.68% Ni, 0.87% Cu, 0.89 gpt Pt and 3.09 gpt Pd and 0.18 gpt Au (Proven & Probable Reserves) / 8.9 Mt @ 1.10% Ni, 1.14% Cu, 1.16 gpt Pt and 3.49 gpt Pd and 0.30 gpt Au (Inferred Resource)

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Message: interesting

Anyone remember the Pinetree/BMK NR May 7, 2009.

Remember the high trading volume in May in Noront. Remember these two NR's in May!

I suspected something back then. Is it possible Eagle one run into the bmk/tme jv south of Noront?

PINETREE CAPITAL LTD. ACQUIRES SECURITIES OF TEMEX RESOURCES CORP.

Pinetree Capital Ltd., on May 27, 2009, acquired ownership of 880,000 common shares of Temex Resources Corp. and 440,000 common share purchase warrants. Each warrant entitles the holder thereof to acquire one additional common share until May 27, 2011, at a price of 32 cents. In the event that the warrants are fully exercised, these holdings represent approximately 1.7 per cent of the total issued and outstanding common shares of Temex as of May 27, 2009, calculated on a partially diluted basis, assuming the exercise of the warrants only. As a result of this transaction, Pinetree holds, as at May 27, 2009, 8,477,000 common shares of Temex, including the common shares and rights exercisable into an additional 1.94 million common shares of Temex (the convertible securities), including the warrants. If Pinetree were to exercise all of the convertible securities, its ownership would represent a total of 10,417,000 common shares of Temex, or approximately 13.2 per cent of such shares outstanding as of May 27, 2009, calculated on a partially diluted basis, assuming the exercise of the convertible securities only.

TORONTO, ONTARIO--(Marketwire - May 8, 2009) - Pinetree Capital Ltd. (TSX:PNP), announces that, through a series of transactions ending on May 7, 2009, it acquired ownership of 250,000 common shares ("Common Shares") of MacDonald Mines Exploration Ltd. ("MacDonald") through the facilities of the TSX Venture Exchange representing approximately 0.2% of the total issued and outstanding common shares of MacDonald as of May 7, 2009. As a result of this transaction, Pinetree and its joint actors held, as at May 7, 2009, an aggregate of 19,975,000 common shares of MacDonald and convertible securities exercisable into 4,325,000 common shares of MacDonald (the "Convertible Securities"). Of these totals, Pinetree directly holds 12,175,000 common shares and convertible securities exercisable into 3,075,000 common shares of MacDonald (the "Pinetree Convertible Securities"). If Pinetree and its joint actors were to exercise all of the Convertible Securities, their combined ownership would represent a total of 24,300,000 common shares of MacDonald, or approximately 16.5% of such shares outstanding as of May 7, 2009, calculated on a partially diluted basis assuming the exercise of the Convertible Securities only. If Pinetree were to exercise all of the Pinetree Convertible Securities, its direct ownership would represent a total of 15,250,000 common shares of MacDonald, or approximately 10.5% of such shares outstanding as of May 7, 2009, calculated on a partially diluted basis assuming the exercise of the Pinetree Convertible Securities only.

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