Thursday, December 4, 2008

Interesting side note, PK and Ross purchased some shares of Tamerlane

There must be some financing coming down or something.

Tamerlane Reports Acquisition Of The Company's Shares

BLAINE, WA, Dec. 4 /CNW/ - Tamerlane Ventures Inc. (TAM: TSX-V) announced today that Karst Investments (the "Acquiror") has purchased 1,590,000 common shares of Tamerlane Ventures Inc. (the "Company") in a private transaction at a price of C$0.06 per share. The purchased shares represent approximately 3.21% of the outstanding common shares of the Company. Margaret Kent and Ross Burns have beneficial ownership of, and control and direction over, the Acquiror, which owned 1,456,000 common shares of the Company prior to today's purchase.

Today's purchase brings the combined holdings of the Acquiror to 3,046,000 common shares of the Company, representing approximately 6.15% of the outstanding common shares. The purchase was made for investment purposes and to provide the Acquiror with greater influence as shareholders of the Company. The Acquiror, Margaret Kent and/or Ross Burns or entities controlled by them may acquire more common shares of the Company, and they may in the future make further purchases or sales of common shares of the Company or take other actions with respect to the purchased shares as circumstances may warrant.

"Ross F. Burns"

President & CEO

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