THE K2 PRINCIPAL FUND L.P. ACQUIRES COMMON SHARES OF Tigris Uranium Corp.

TORONTO, Jan. 28 /CNW/ - The K2 Principal Fund L.P. ("K2") announced that it has acquired an additional 1,000,000 shares and now holds 4,941,500 common shares and 1,800,000  common share purchase warrants (the "Warrants") to purchase up to 1,800,000 common shares of Tigris Uranium Corp. ("TU") at an exercise price of $0.65 per share. The Warrants expire on July 1st, 2012. As a result of the acquisition of such Shares and Warrants and assuming the exercise of the Warrants in full, the Partnership would own 6,741,500 common shares, representing approximately 14.218% of the issued and outstanding common shares of Tigris Uranium Corp (the "Common Shares").

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 TU through market transactions, private agreements or otherwise. 

SOURCE K2 Principal Fund L.P.

For further information:

Dan Gosselin
The K2 Principal Fund L.P.
(416) 365-2155 

Organization Profile

K2 Principal Fund L.P.

More on this organization


Custom Packages

Browse our custom packages or build your own to meet your unique communications needs.

Start today.

CNW Membership

Fill out a CNW membership form or contact us at 1 (877) 269-7890

Learn about CNW services

Request more information about CNW products and services or call us at 1 (877) 269-7890