Home : March 2011 : March 23, 2011 News : GrowthWorks Canadian Fund Announces Arrangements for VenGrowth "Discounted" Redemption Financing

GrowthWorks Canadian Fund Announces Arrangements for VenGrowth "Discounted" Redemption Financing

March 23, 2011

TORONTO, ONTARIO--(Marketwire - March 22, 2011) - GrowthWorks Canadian Fund Ltd. ("GrowthWorks" or "GrowthWorks Canadian Fund") announces that it has engaged Industrial Alliance Securities Inc. ("Industrial Alliance") as lead manager in respect of a financing facility (the "Financing Facility") to raise up to $60 million in connection with its previously announced proposal to merge the following VenGrowth funds (the "VenGrowth Funds"):

http://www.marketwire.com/mw/release.do?id=1415975&sourceType=3
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