Pinetree Capital Ltd.: Pinetree Capital Announces Closing of Rights Offering TORONTO, ON / ACCESSWIRE / May 17, 2021 / Pinetree Capital Ltd. (TSX:PNP) (" Pinetree") today announced the closing of its previously announced rights offering. Under the rights offering, rights holders purchased an aggregate of 9,420,198 common shares of Pinetree (" Common Shares") at a subscription price of C$1.85 per Common Share for aggregate gross proceeds of approximately C$17.4 million, the net proceeds of which will be used by Pinetree for general corporate purposes, including to make additional investments. ...