Tumi - Prudent Bear buys some shares
David W. Tice, PRUDENT BEAR FUNDS, INC. announces it has acquired control and direction, through Prudent Bear Fund, a mutual fund managed by it, over 500,000 common shares and warrants to purchase an additional 500,000 common shares of Tumi Resources Limited of Vancouver, British Columbia. The Company would have control and direction over 13.6% of the outstanding shares of Tumi Resources Limited assuming exercise of such warrants. The Company does not own or have control or direction over any other securities of Tumi Resources Limited.
The Company acquired the shares and warrants for investment purposes and has filed an Acquisition Report with the British Columbia and Alberta Securities Commissions in respect of the shares and warrants acquired. Copies of the report may be obtained from SEDAR (www.sedar.com) or without charge from the Company.
PRUDENT BEAR FUNDS, INC. Contact: David W. Tice
CONTACT: TEL: 214-696-5474 PRUDENT BEAR FUNDS, INC.
FAX: 214-696-5556 8140 Walnut Hill Lane, Suite 300, Dallas, Texas
75231, U.S.A. |