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December 23 2014

BC Advantage Funds Further Reduces Management and Administrative Costs

North Vancouver, December 23, 2014 – BC Advantage Funds (VCC) Ltd. ("Advantage") announced today that, in order to further reduce its management and administrative costs, Jim Heppell has offered to transition out of Advantage and step down from his positions as President and Director effective December 31, 2014.

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November 20 2014

BC Advantage Funds Completes Additional Investment in Redlen Technologies

North Vancouver, November 20, 2014 – BC Advantage Funds (VCC) Ltd. ("Advantage") announced today that it completed an addtional $1.5 million preferred share investment in Redlen Technologies Inc. 

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October 22 2014

BC Advantage Funds Director Resigns from  Board

North Vancouver, October 22, 2014 – BC Advantage Funds (VCC) Ltd. ("Advantage") announced today that it had received notice of resignation from one of its directors. Robert W. (Bob) Rieder, CEO of ESSA Pharma Inc. and Chairman of Cardiome Pharma Crop., advised in the notice that he is resigning from the Advantage board in order to devote more time to ESSA and Cardiome.

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October 1 2014

BC Advantage Fund Manager Registered with BCSC

North Vancouver, October 1, 2014 – BC Advantage Funds (VCC) Ltd. ("Advantage") announced today that it received notice from the British Columbia Securities Commission ("BCSC") that BC Advantage Fund Management Inc. has been approved for registration in British Columbia as an Investment Fund Manager and Restricted Portfolio Manager.

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September 24 2014

BC Advantage Funds Reinstates Redemptions For Deceased Shareholders

North Vancouver, September 24, 2014 – BC Advantage Funds (VCC) Ltd. ("Advantage") announced today that it has reinstated redemptions of its Advantage Structured Fund shares for estates of deceased shareholders.  Advantage will from time to time allocate a specified amount of its funds to such redemptions.

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May 30 2014

BC Advantage Funds Shareholder Update

North Vancouver, May 30, 2014 – After a number of years of difficult markets for emerging technology companies in Canada, the initial public offering (IPO) market for technology companies is improving and liquidity is slowly returning to the sector. Due to a slump in the commodity and materials sector over the last few years, Canadian investors have been shifting their investment interest and capital into other growth sectors, including the technology area. According to a recent report by Canaccord Genuity, Canadian technology IPOs may raise as much as $400 million or more in 2014, which would be the best result for the industry in more than a decade.

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April 03 2014

New Fund Manager of BC Advantage Funds Files Application to Register with BC Securities Commission

North Vancouver, April 03, 2014 – BC Advantage Funds (VCC) Ltd. ("Advantage") announced today that, in response to a requirement of the BC Securities Commission ("BCSC"), it has filed application with the BCSC to register BC Advantage Fund Management Inc. as an investment fund manager and restricted portfolio manager and has retained that company as its Fund Manager.

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March 12 2014

BC Advantage Funds Completes Additional Investment in Contech Enterprises

North Vancouver, March 12, 2014 BC Advantage Funds (VCC) Ltd. announced today that it completed an additional $1.0 million investment in Contech Enterprises Inc., a BC-based company that manufactures and markets environmentally friendly products for the home and garden. The Advantage investment forms part of a larger $3.3 million equity and convertible debenture financing completed by Contech to help fund the company’s growing business and working capital requirements.

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