TORONTO, Oct. 20 /CNW/ - The K2 Principal Fund L.P. ("K2") announced that
it has acquired common shares of TG World Energy Corp. ("TG World"). As a
result of the acquisition of such shares, K2 owns 14,144,300 common shares,
representing approximately 11.58% of the issued and outstanding common shares
of TG World.
The common shares were purchased by K2 in the open market on the Toronto
Stock 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 TG World through
market transactions, private agreements or otherwise.
For further information:
For further information: Dan Gosselin, The K2 Principal Fund L.P., (416)