Business NewsMarketWire • GrowthWorks Canadian Fund Ltd.: VenGrowth Fund Shareholders Deliver Over 10,000 Support Agreements

GrowthWorks Canadian Fund Ltd.: VenGrowth Fund Shareholders Deliver Over 10,000 Support Agreements

GrowthWorks Canadian Fund Ltd.: VenGrowth Fund Shareholders Deliver Over 10,000 Support Agreements

TORONTO, ONTARIO--(Marketwire - April 20, 2011) - GrowthWorks Canadian Fund Ltd. ("GrowthWorks" or "GrowthWorks Canadian Fund") announced today it has received strong support from VenGrowth Class A Shareholders for the proposed merger of the five VenGrowth Funds noted below into GrowthWorks Canadian Fund. To date, GrowthWorks has received over 10,000 Support Agreements representing over 13,000 shareholder positions, over 8 million Class A shares and between approximately 7.5 to 10% of the outstanding Class A shares of the VenGrowth Funds. This level of support is very high for a widely-held investment fund.

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