Pendragon Capital LLP

January 18, 2008 18:17 ET

Funds Managed by Pendragon Capital LLP Acquire Securities of Northern Peru Copper Corp.

LONDON, ENGLAND--(Marketwire - Jan. 18, 2008) - Pendragon Capital LLP ("Pendragon") wishes to announce that on January 17, 2008, funds managed by Pendragon acquired 875,400 common shares in the capital of Northern Peru Copper Corp. ("Northern Peru") through the facilities of the Toronto Stock Exchange. As a result of this transaction, funds managed by Pendragon held a total of 2,921,900 common shares in the capital of Northern Peru representing approximately 9.40% of Northern Peru's issued and outstanding shares. Following subsequent transactions, currently Pendragon holds 2,958,500 common shares in the capital of Northern Peru representing approximately 9.52% of Northern Peru's issued and outstanding shares.

Pendragon exercises control over the Northern Peru securities in its capacity as investment manager of a number of funds, including the Pendragon (Master) Fund Ltd., the Pendragon (Convertibles) Fund Ltd., and the CASAM Pendragon Event Value Fund Ltd. The funds managed by Pendragon acquired the Northern Peru securities for investment purposes only, and may acquire additional securities of Northern Peru in the future.

Contact Information

  • Pendragon Capital LLP
    John Pennells
    44 207 907 8445