TORONTO, June 29, 2011 /CNW/ - The K2 Principal Fund L.P. ("K2")
announced that it has acquired common shares of Torque Energy Inc.
("TQE"). As a result of the acquisition of such shares, K2 owns
2,198,000 common shares, representing approximately 15.08% of the
issued and outstanding common shares of TQE.
The common shares were purchased by K2 in the open market on the TSX
Venture 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 TQE through market transactions, private agreements or
SOURCE K2 Principal Fund L.P.
For further information:
The K2 Principal Fund L.P.