Abstract: A multifunctional tool for use by anglers is provided. The tool can include a pair of arms positioned in an overlapping fashion and connected together at one end by a coupling pin in order to form a hinged connection allowing the opposing free ends to open and close. The tool can include a cutting blade at the free end to allow users to cut a fishing line by pressing the arms together. The tool can also include a pin pocket with a pin extending therethrough to allow users to clear the eye of a fishing hook. The tool can also include a pair of crimping pockets to allow users to crimp a lead shot onto a fishing line by pressing the tool arms together. The tool can also include a guide channel to allow users to easily thread a fishing line through the eye of a hook.