The K2 Principal Fund L.P. Acquires Common Shares of Swift Power Corp
TORONTO, July 9 /CNW/ - The K2 Principal Fund L.P. ("K2") announced that it has acquired common shares of Swift Power Corp (SPC). As a result of the acquisition of such shares, K2 owns 2,276,000 common shares, representing approximately 10.03% of the issued and outstanding common shares of SPC.
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 SPC through market transactions, private agreements or otherwise.
%SEDAR: 00027734E
For further information: Dan Gosselin, The K2 Principal Fund L.P., (416) 365-2155
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