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| Home : British Columbia Discovery Fund to Redeem $2.5 million of Shares |
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Apr 11
2017 |
British Columbia Discovery Fund to Redeem $2.5 million of Shares |
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VANCOUVER, BC--(Marketwired - April 10, 2017) - British Columbia Discovery Fund (VCC) Inc. (the "Fund"), a venture capital investment fund managed by Discovery Capital Management Corp. ("DCMC" or the "Manager"), is pleased to announce a $2.5 million redemption of its Class A Shares. The Fund has identified those shares eligible to be redeemed by designating them as DCC400 shares. The procedures for processing redemptions are outlined further below in this press release. This redemption has been funded primarily by the recent disposition of 200,000 shares of Avigilon Corporation by the Fund -- the Fund no longer holds any shares of Avigilon. |
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| Source:http://www.marketwired.com/mw/release.do?id=2208754&sourceType=3 |
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