Paramax Resources Ltd V.PXM

K2 Fund buying

[crude~oil]

Its funny that the K2 fund sold shares in the 15c range and are now buying them back over 30c. I guess they have more faith in the company now.

Filing Date	Transaction Date	Insider Name	Ownership Type	Securities	Nature of transaction	# or value acquired or disposed of	Unit Price
Apr 19/10	Apr 19/10	The K2 Principal Fund L.P.	Direct Ownership	Common Shares	10 - Acquisition in the public market	950,000	.346
Apr 19/10	Apr 14/10	The K2 Principal Fund L.P.	Direct Ownership	Common Shares	10 - Acquisition in the public market	157,500	.285
Apr 13/10	Apr 06/10	The K2 Principal Fund L.P.	Direct Ownership	Common Shares	10 - Acquisition in the public market	46,500	.250
Apr 13/10	Apr 06/10	The K2 Principal Fund L.P.	Direct Ownership	Common Shares	10 - Acquisition in the public market	39,000	.270
Feb 16/10	Feb 01/10	Lutes, Byron	Direct Ownership	Options	50 - Grant of options	300,000	.150
Feb 10/10	Jan 14/10	The K2 Principal Fund L.P.	Direct Ownership	Common Shares	10 - Disposition in the public market	-24,000	.135
Feb 10/10	Dec 18/09	The K2 Principal Fund L.P.	Direct Ownership	Common Shares	10 - Disposition in the public market	-100,000	.100
Feb 05/10	Jan 28/10	The K2 Principal Fund L.P.	Direct Ownership	Common Shares	10 - Disposition in the public market	-26,000	.150
Feb 05/10	Jan 27/10	The K2 Principal Fund L.P.	Direct Ownership	Common Shares	10 - Disposition in the public market	-69,500	.146