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Message: Pinetree exercised 1.5 million warrants

Just filed on SEDI. Pinetree exercised their 1.5 million warrants at .75 on January 12th, but did not sell any shares to do it. They are holding strong.

nsider name: Pinetree Capital Ltd.
Insider's Relationship to Issuer: 3 - 10% Security Holder of Issuer
Ceased to be Insider: Not applicable
Security designation: Common Shares
2592924 2015-01-12 2015-01-15 Indirect Ownership :
Pinetree Income Partnership
54 - Exercise of warrants +1,500,000 12,846,185
Security designation: Warrants (Common Shares)

2592923 2015-01-12 2015-01-15 Indirect Ownership :
Pinetree Income Partnership
54 - Exercise of warrants -1,500,000 0.7500 6,275,385 2015-02-14 Common Shares -1,500,000 6,275,385
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