TORONTO, April 12 /CNW/ - The K2 Principal Fund L.P. ("K2") announced
that it has acquired common shares of Spectrum Signal Processing Inc.
("Spectrum"). As a result of the acquisition of such common shares, K2 owns
2,461,266 common shares, representing approximately 12.01% of the issued and
outstanding common shares of Spectrum.
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 Spectrum through
market transactions, private agreements or otherwise.
For further information:
For further information: Dan Gosselin, The K2 Principal Fund L.P., (416)