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DEC 16 2010
BC Advantage Fund’s Portfolio Companies Allon and Protox Rank Highly in Upside Potential
Vancouver, December 16, 2010 – BC Advantage Funds (VCC) Ltd. announced today that two of it's portfolio companies ranked highly in recent listings of Canadian companies which have the highest potential upside based on securities analysts' reports versus their current market capitalization.
SEPT 29 2010
Warburg Pincus to Invest up to $35 Million in BC Advantage Funds' Portfolio Company Protox Therapeutics
Vancouver, September 29, 2010 – BC Advantage Funds (VCC) Ltd. announced today that it's portfolio company, Protox Therapeutics Inc. (the "Company" or "Protox") (TSX: PRX), has entered into an Investment Agreement with Warburg Pincus, a leading global private equity firm.
MAY 3 2010
BC Advantage Funds Temporarily Suspends Redemptions
Vancouver, May 3, 2010 – BC Advantage Funds (VCC) Ltd. announced today that it is temporarily suspending redemptions of shares of the Advantage Venture Fund (AVF) and the Advantage Growth Fund (AGF). Under the Small Business Venture Capital Act (SBVCA) only monies from investment income, capital gains and the proceeds of disposition of investments held for five years or more may be used to finance redemptions.
FEB 10 2010
Advantage Portfolio Companies Win Accolades
Vancouver, February 10, 2010 –BC Advantage Funds (VCC) Ltd. announced today that a number of its portfolio companies have recently received top industry awards. Tanner Philp, CFO and Partner at Advantage, stated “We are proud of the portfolio we