TORONTO, May 19 /CNW/ - The K2 Principal Fund L.P. ("K2") announced that
it has acquired common shares of Typhoon Exploration Inc. ("TYP"). As a
result of the acquisition of such shares, K2 owns 1,937,100 common
shares, representing approximately 10.05% of the issued and outstanding
common shares of TYP.
The common shares were purchased by K2 in the open market on the TSX
Venture Exchange. K2 acquired the securities for investment purposes
only and may, depending on market and other conditions, increase or
decrease its beneficial ownership, control or direction over, or
exercise its current rights to acquire, common shares or other
securities of TYP through market transactions, private agreements or
SOURCE K2 Principal Fund L.P.
For further information:
The K2 Principal Fund L.P.