VANCOUVER, BRITISH COLUMBIA--(Marketwired - Dec. 30, 2013) - Further to its announcement October 1, 2013, Matrix Asset Management Inc. (TSX:MTA) ("Matrix") announces that its subsidiary, Growth Works Capital Ltd. ("GWC"), has closed its final tranche of $1 million relating to its $5 million ("Debt") with an independent Canadian lender ("Lender"). The first Debt tranche of $4 million was advanced to GWC on October 1, 2013.