CHICAGO, Aug. 26 /CNW/ - PEAK6 Capital Management LLC. ("PEAK6") and
certain of its associates announce that together they have acquired
544,500 common shares of Stockhouse Inc. ("Stockhouse"), a Vancouver, British
Columbia based company. The total holding of 4,544,500 common shares by PEAK6
and associates represents approximately 11.0% of the issued and outstanding
common shares of Stockhouse. The common shares have been acquired for
investment purposes only. In addition, PEAK6 holds 3,000 Series A Convertible
Preferred Shares ("Preferred Shares"), which represents all of the issued and
outstanding Preferred Shares of Stockhouse. The Preferred Shares are
non-voting unless converted and cannot be converted until 180 days after
issuance. Stockhouse is listed on the TSX Venture Exchange under the symbol
"SHC". PEAK6 has its head office in Chicago, Illinois.
Established in 1997, PEAK6 Capital Management LLC is a leading financial
institution in Chicago with an established track record of as a dealer in
equity options and proprietary trading. PEAK6 specializes in inventory and
risk management, using state of the art technology and proprietary tools and
is heavily committed to building the next generation of automated trading
systems and businesses. Peak6 is also rapidly expanding its commercial focus
to include innovative initiatives in the online media, retail options
brokerage and asset management.
The TSX Venture Exchange has not reviewed and does not accept
responsibility for the adequacy or accuracy of this release.
For further information:
For further information: Donna MacDonald at (312) 362-2401 or fax at