Business NewsMarketWire • Matrix Completes Sale of Seamark Assets and Updates Registration Status

Matrix Completes Sale of Seamark Assets and Updates Registration Status

Matrix Completes Sale of Seamark Assets and Updates Registration Status

TORONTO, ONTARIO--(Marketwired - July 12, 2013) - Matrix Asset Management Inc. ("Matrix") (TSX:MTA) is pleased to announce that the previously announced sale of the operating assets (excluding working capital) of its subsidiary, SEAMARK Asset Management Ltd. (renamed GrowthWorks Enterprises Ltd.) ("GWE"), has completed (the "Seamark Sale").

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Matrix Completes Sale of Seamark Assets and Updates Registration Status