Business NewsMarketWire • VenGrowth Funds and New Generation Biotech (Equity) Fund Provide Voting Clarification

VenGrowth Funds and New Generation Biotech (Equity) Fund Provide Voting Clarification

VenGrowth Funds and New Generation Biotech (Equity) Fund Provide Voting Clarification

TORONTO, ONTARIO--(Marketwire - Nov. 19, 2010) - VenGrowth Asset Management announced today that its five retail venture capital funds (The VenGrowth Investment Fund Inc., The VenGrowth II Investment Fund Inc., The VenGrowth III Investment Funds Inc., The VenGrowth Advanced Life Sciences Fund Inc., and The VenGrowth Traditional Industries Fund Inc. (collectively the "VenGrowth Funds"), together with the New Generation Biotech (Equity) Fund Inc., have obtained an amendment to the Interim Order in respect of their Annual General and Special Meetings to be held on November 25, 2010. The amendment was considered by the Court to be inconsequential in terms of the substance, and merely clarified issues relating to service and voting by proxy.

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