Sheldon Inwentash’s Pinetree Capital has acquired 18 million shares of Allen Lone’s Augusta Industries (TSXV:AAO) at 5 cents in a private placement (market price for AAO has been 2-3 cents recently), bringing PNP’s total ownership of AAO to approximately 60 million shares or 28.5% of the company. To pay for the financing, Pinetree swapped 3 million… Continue Reading