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Message: sqi

Canadian Insider

Silver Quest Resources Ltd. (SQI)

As of May 7th, 2010
Filing Date Transaction Date Insider Name Ownership Type Securities Nature of transaction # or value acquired or disposed of Unit Price
May 05/10 Apr 30/10 Pinetree Capital Ltd. Indirect Ownership Warrants 00 - Opening Balance-Initial SEDI Report
May 05/10 Apr 30/10 Pinetree Capital Ltd. Indirect Ownership Common Shares 00 - Opening Balance-Initial SEDI Report
May 05/10 Apr 30/10 Inwentash, Sheldon Control or Direction Warrants 00 - Opening Balance-Initial SEDI Report
May 05/10 Apr 30/10 Inwentash, Sheldon Control or Direction Common Shares 00 - Opening Balance-Initial SEDI Report



On April 30, 2010, SEDI listed Pinetree Capital Ltd. as an insider again.

Pinetree Capital Ltd. holds 3,189,000 common shares and 2,500,000 warrants.

The shares and warrants are controlled by Sheldon Inwentash, Pinetree Capital's Chairman and CEO.


SEDI

Date the insider became an insider of this issuer: 2010-04-30

Insider Name: Inwentash, Sheldon
Insider Relationship: 6 - Director or Senior Officer of 10% Security Holder
Ceased to be Insider: Not Applicable
2010-04-30 Common Shares Pinetree Capital Ltd. 3,189,000
2010-04-30 Warrants (Common Shares) Pinetree Capital Ltd. 2,500,000

Insider Name: Pinetree Capital Ltd.
Insider Relationship: 3 - 10% Security Holder of Issuer
Ceased to be Insider: Not Applicable
2010-04-30 Common Shares Pinetree Resource Partnership 3,189,000
2010-04-30 Warrants (Common Shares) Pinetree Resource Partnership 2,500,000


SQI's Share Structure on April 30, 2010

Shares - issued & outstanding: 65.1 million (65,152,484)

Warrants outstanding: 11.2 million (Range: $ .12 - $ .60)
Options outstanding: 5.3 million (Range: $ .10 - $ .75)

Shares - fully diluted: 81.6 million



Guy

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