Business NewsMarketWire • GrowthWorks Appreciates VenGrowth Shareholder Support

GrowthWorks Appreciates VenGrowth Shareholder Support

GrowthWorks Appreciates VenGrowth Shareholder Support

TORONTO, ONTARIO--(Marketwire - Aug. 25, 2011) - Representatives of GrowthWorks Canadian Fund Ltd. ("GrowthWorks") attended the meetings of VenGrowth Fund shareholders held earlier today to vote on the proposed merger of the VenGrowth Funds into Covington Fund II Inc. (the "Covington Transaction"). At the meetings, shareholders of each of the VenGrowth Funds approved the Covington Transaction. GrowthWorks previously announced a competing proposal to merge the VenGrowth Funds into GrowthWorks.

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