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Gold/Mining/Energy : A to Z Junior Mining Research Site -- Ignore unavailable to you. Want to Upgrade?


To: 4figureau who wrote (2127)12/16/2002 8:23:25 PM
From: ralfph  Read Replies (1) | Respond to of 5423
 
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.