Tyrus Capital LLP increases TXG holding to over 50 Million shares!!
Tyrus Capital LLP, I I Grosvenor Place, London, SWI X 7HH, England (the
” I n v e s t me n t Ma n a g e r ” ) acting as discretionary investment manager o f Ty r u s Ca p i t a l
Ev e n t Ma s t e r Fu n d Li mi t ed, PO Box 309, Ugland House, Grand Cayman, KYI – I I 0 4 ,
Cayman Islands
As at December 31, 2010, the Fund increased its holding by 7,623,000 common shares
(the ” Co mmo n Sh a r e s ” ) through market purchases. As a result, the Fund held an
aggregate o f 50,675,000 common shares (the ” Co mmo n Sh a r e s ” ) and 2,925,000
common share purchase warrants (the ” Wa r r a n t s ” ) – a s at December 31, 2010. Each
Warrant is exercisable into one Common Share at a price o f 1.30 per Common Share
until November 12, 2011. Based on the share capital disclosure published at December
3 1 , 2 0 1 0 by the Issuer, and assuming the full exercise o f the Warrants by the Fund and
no third party exercise o f warrants or options to purchase Common Shares, the
Invest ment Manager (on behal f o f the Fund) exercises control or direction over 15.405%
o f the Issuers outstanding Common Shares.