Pinetree Capital Ltd. acquired a significant stake of approximately 8.6% in Wolfpack Gold Corp. through a reverse take-over, enhancing its position in the precious metals sector.

Information on the Target

Wolfpack Gold Corp. is a mining company primarily focused on the exploration and development of gold properties. Following a reverse take-over of Tigris Uranium Corp., Wolfpack became a publicly traded entity, with Pinetree Capital Ltd. acquiring a significant portion of its common shares. As of May 21, 2013, Pinetree holds 4,266,666 common shares, accounting for approximately 8.6% of Wolfpack's total issued and outstanding shares.

This acquisition positions Pinetree as a noteworthy stakeholder in Wolfpack, combining resources from both companies to enhance investment opportunities in the gold mining sector. Collectively, Pinetree and its joint actors now hold 6,041,666 common shares, representing around 12.2% of all issued shares.

Industry Overview in Canada

Canada boasts a robust mining industry, being one of the world's leading producers of various minerals, including gold. The country's vast natural resources and favorable regulatory environment attract