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To: NOW who wrote (97477)	11/2/2007 4:10:24 PM
From: dara	Respond to of 312987

This was posted on SH: Nov 02, 2007 14:27 ET Pinetree Capital Ltd. Acquires Common Shares of Northern Lion Gold Corp. TORONTO, ONTARIO--(Marketwire - Nov. 2, 2007) - Pinetree Capital Ltd. (TSX:PNP), announces that, through a series of transactions ending on November 2, 2007, it acquired ownership of 223,500 common shares ("Common Shares") of Northern Lion Gold Corp. ("Northern Lion") through the facilities of the TSX Venture Exchange representing approximately 0.7% of the total issued and outstanding common shares of Northern Lion as of November 2, 2007. As a result of this transaction, Pinetree held as at November 2, 2007, an aggregate of 3,223,500 common shares of Northern Lion including the Common Shares which represents approximately 10.3% of all issued and outstanding common shares as at November 2, 2007. These transactions were made for investment purposes and Pinetree could increase or decrease its investment in Northern Lion depending on market conditions or any other relevant factor. E8