VenGrowth Asset Management Inc.

VenGrowth Asset Management Inc.

December 09, 2010 21:49 ET

VenGrowth Funds Receive Non-Binding Merger Proposal from GrowthWorks Canadian Fund

TORONTO, ONTARIO--(Marketwire - Dec. 9, 2010) - The five VenGrowth retail venture capital funds (The VenGrowth Investment Fund Inc., The VenGrowth II Investment Fund Inc., The VenGrowth III Investment Fund Inc., The VenGrowth Advanced Life Sciences Fund Inc., and The VenGrowth Traditional Industries Fund Inc. (collectively the "VenGrowth Funds")) received this evening an unsolicited, non-binding merger proposal from the GrowthWorks Canadian Fund Ltd.

Contact Information

  • Media Inquiries:
    VenGrowth Asset Management Inc.
    Wesley Ollson
    Director, Product Management and Communications
    (416) 628-9263
    wollson@vengrowth.com