Dynamic Venture Opportunities Fund Ltd.

September 30, 2005 16:46 ET

Dynamic Venture Opportunities Fund Ltd.: Press Release

TORONTO, ONTARIO--(CCNMatthews - Sept. 30, 2005) - In accordance with regulatory requirements, Dynamic Venture Opportunities Fund Ltd. ("DVOF") announced that it owns 1,400,000 common shares and 700,000 warrants of RDM Corporation ("RDM") which represents an approximate 10.15% interest in RDM on a partially diluted basis assuming the conversion of all warrants of RDM held in DVOF's portfolio. In addition, Goodman & Company, Investment Counsel Ltd. (formerly Dynamic Mutual Funds Ltd.), which has control or direction over DVOF's account, also has control or direction over an additional 2,000 common shares of RDM, which increases the aggregate holdings of the Dynamic group to 10.16% on a partially diluted basis.

The foregoing securities were acquired for investment purposes and the position in RDM may be increased or decreased as deemed appropriate in light of investment criteria and market conditions and in accordance with the provisions of applicable securities legislation.

Dynamic Venture Opportunities Fund Ltd. is a labour sponsored venture fund which makes investments in eligible Ontario businesses with the objective of achieving long-term capital appreciation.

Contact Information

  • Dynamic Venture Opportunities Fund Ltd.
    Ray Benzinger
    President & CEO
    (416) 365-5113