SASKATOON, March 6, 2015 /CNW/ - Golden Opportunities Fund Inc. (the "Fund" or "Golden") is fully subscribed on its annual forty million dollar (CDN) ($40,000,000.00) fundraising limit in Saskatchewan as prescribed under The Labour-sponsored Venture Capital Corporations Act (LSVCC Act) Saskatchewan.
The Fund is currently open for subscriptions for the coming 2015 tax year.
Golden is Saskatchewan's first Provincial Retail Fund launched in 1999 to enable Saskatchewan residents to keep their savings working in our local economy. The Fund invests in small and medium-sized growth companies in diverse sectors of the economy. To date the Fund has invested over $300 million in 118 companies and impacted numerous communities, families and more than 3,700 jobs throughout the province.
"The sell-out of Golden Opportunities in each of the past two years confirms Saskatchewan residents and existing shareholders understand and support the investment principles and direction of the Fund" says Grant Kook, President and CEO. "We are very appreciative of the Government of Saskatchewan's ongoing commitment to the Invest in Saskatchewan Program, the thousands of financial advisors who support the Fund and Saskatchewan investors for their confidence in Golden Opportunities Fund."
SOURCE Golden Opportunities Fund Inc.
For further information: please contact: Grant Kook, President/CEO, Golden Opportunities Fund Inc. (306) 652-5557; Wanda Hunchak, Vice President, Westcap Mgt. Ltd., (306) 652-5557