Pinetree Capital, announces that, further to the merger of Macusani Yellowcake and Southern Andes Energy on April 13, it acquired ownership of 9,286,133 common shares and 2,766,666 common share purchase warrants of Macusani. In the event that the Warrants are fully exercised, these holdings represent approximately 7.1% of the total issued and outstanding common shares of Macusani as of April 13, 2012, calculated on a
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