Pinetree Capital Ltd. (TSX:PNP) entered into a securities purchase agreement to acquire 6.79% stake in Integra Gold Corp. (TSX-V:ICG) for CAD 1.2 million in stock on December 20, 2012. Pinetree Capital Ltd. is acquiring 5 million common shares of Integra Gold Corp. in the transaction. As a consideration, Pinetree Capital Ltd. will issue 1.4 million common shares to Integra Gold Corp. A finder's fee of CAD 0.04 will be paid to Secutor Capital Management Corp. payable upon the closing of the transaction. The deal is subject to approval of TSX Venture Exchange and Toronto Stock Exchange. The deal is expected to close on January 16, 2013. The transaction was approved by the TSX Venture Exchange on January 10, 2013.

Pinetree Capital Ltd. (TSX:PNP) completed the acquisition of 6.79% stake in Integra Gold Corp. (TSX-V:ICG) on January 11, 2013.