May 1 , 2015

BC Advantage Funds Shareholder Update

North Vancouver, May 1, 2015 As with our prior reports, this update report will focus on progress at BC Advantage Funds on key issues of importance to our shareholders...

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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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September 17 2013

BC Advantage Funds Shareholder Update

North Vancouver, September 17, 2013 – We write to update you on progress at BC Advantage Funds.  Based on our discussions with numerous shareholders over the past months, and as shareholders ourselves, we know your concerns primarily relate to three issues.

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November 1 2012

BC Advantage Funds Shareholder Update

Vancouver, November 1, 2012 We write to update you on progress at BC Advantage Funds over the past year. While financial markets for emerging technology companies in Canada and internationally remain extremely challenging, our portfolio of companies has generally performed well, with many of our companies achieving significant progress against their strategic business objectives.

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March 8 2011

Lions Capital Reduces Management Fees and Waives Performance Fees

Vancouver, March 8, 2011 Lions Capital has voluntarily agreed to reduce the management fee it is paid by Advantage from 2.75% to 1.25% in respect of all capital that is eligible for, but currently suspended from, redemption.

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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.

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