Business NewsMarketWire • GrowthWorks Canadian Fund Provides Update on Redemption Management Plan

GrowthWorks Canadian Fund Provides Update on Redemption Management Plan

GrowthWorks Canadian Fund Provides Update on Redemption Management Plan

TORONTO, ONTARIO--(Marketwire - May 23, 2012) - GrowthWorks Canadian Fund Ltd. ("Canadian Fund") today announced an update with respect to the previously announced Redemption Management Plan ("RMP") for the Canadian Fund's Class A shares. After securing the necessary regulatory order, Canadian Fund closed weekly Class A share redemptions on November 10, 2011 and, subject to securing a further regulatory order, proposes to process redemptions of Class A shares under the RMP on a semi-annual basis in amounts determined by the Board of Directors.

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