CALGARY, Nov. 12 /CNW/ - KERN Partners Ltd. ("KERN") announced today that
as a result of a pre-arranged purchase of 1,854,482 common shares of Ember
Resources Inc. ("Ember") through the facilities of the Toronto Stock Exchange
on behalf of certain funds managed by affiliates of KERN (the "KERN Funds"),
the aggregate holdings of Ember shares by the KERN Funds now amounts to
7,514,882 shares, representing approximately 20.8% of the total number of
outstanding Ember shares.
The shares were acquired for investment purposes and the KERN Funds may
increase or decrease beneficial ownership or control depending on market or
In connection with this news release an early warning report will be
filed by KERN in accordance with applicable securities laws. To obtain a copy
of the early warning report please contact:
KERN Partners Ltd.
200 Doll Block
116 - 8th Avenue S.E.
Calgary, Alberta T2G 0K4
Telephone: (403) 517-1500
Fax: (403) 517-1515
For further information:
For further information: Kareen Stangherlin, KERN Partners Ltd., 200
Doll Block, 116 - 8th Avenue S.E., Calgary, Alberta, T2G 0K4, Telephone: (403)
517-1500, Fax: (403) 517-1515