Business News • MarketWire • Working Opportunity Fund Gives Update on Portfolio Developments and Extends Closure of Venture Series Sales and Redemptions Until April 30, 2013

Working Opportunity Fund Gives Update on Portfolio Developments and Extends Closure of Venture Series Sales and Redemptions Until April 30, 2013

Working Opportunity Fund Gives Update on Portfolio Developments and Extends Closure of Venture Series Sales and Redemptions Until April 30, 2013

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Dec. 14, 2012) - Working Opportunity Fund (EVCC) Ltd. (the "Fund") provided updates on previously announced developments concerning two of the Fund's portfolio companies and the extension of the closing of Venture Series sales and redemptions until April 30, 2013. These portfolio developments consist of the conclusion of litigation affecting a significant portfolio holding and advanced negotiations towards a potential sale of one of the Fund's largest portfolio positions at a significant increase to the Fund's carrying value.

View More : http://www.marketwire.com/mw/release.do?id=1738019&sourceType=3

Releted News by marketwire

Partners Real Estate Investment Trust Announces Distribution of $0.05333 Per Unit

Wilton Resources Inc. Announces Completion of Private Placement