This item is part of Stockwatch's value added news feed and is only available to Stockwatch subscribers.Here is a sample of this item:Fairmount Energy investor K2 owns 988,800 shares 2009-11-06 02:09 ET - News Release Mr. Dan Gosselin of K2 Principal reports THE K2 PRINCIPAL FUND L.P. ACQUIRES COMMON SHARES OF FAIRMOUNT ENERGY INC. The K2 Principal Fund LP has acquired common shares of Fairmount Energy Inc. As a result of the acquisition of such shares, K2 owns 988,800 common shares, representing approximately 5.91 per cent of the issued and outstanding common shares of Fairmount Energy.
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 Fairmount Energy through market transactions, private agreements or otherwise.
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