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Pinetree Capital Ltd.: Pinetree Capital Ltd. Acquires Securities of Colossus Minerals Inc.
TORONTO, ONTARIO (MARKET WIRE) Pinetree Capital Ltd. (TSX: PNP), announces that on February 13, 2008, further to the conversion of certain subscription receipts, it acquired ownership of 950,000 common shares ("Common Shares") of Colossus Minerals Inc. ("Colossus") and 475,000 common share purchase warrants (the "Warrants"). Each Warrant entitles the holder thereof to acquire one additional common share at a price of $2.00 until February 13, 2011. In the event that the Warrants are fully exercised, these holdings represent approximately 3.5% of the total issued and outstanding common shares of Colossus as of February 13,