GrowthWorks Commercialization Fund Ltd. Applies to Extend Time for Annual General Meeting

TORONTO, Jan. 30, 2017 /CNW/ - GrowthWorks Commercialization Fund Ltd. (the "Fund") today announced that it is seeking an order pursuant to section 133(3) of the Canada Business Corporations Act extending the time for the Fund to call the next annual meeting of its shareholders to a date that is not more than three months after February 28, 2017. The motion is scheduled to be heard before a judge of the Ontario Superior Court of Justice, Commercial List on February 14, 2017 at 10:00 a.m., at 330 University Avenue, Toronto, Ontario.  There can be no assurance that the order sought by the Fund will be granted.

In support of the motion, the Fund will file with the Court the following materials (the "Court Materials"): an Application Record, containing the Notice of Application, a factum, and the Affidavit of C. Ian Ross, and a draft Order.

The Court Materials will be posted on the Fund's SEDAR profile, which is accessible at

SOURCE GrowthWorks Commercialization Fund Ltd.

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For further information: Contact Information: C. Ian Ross, Chairman of the Board of Directors, (416) 619-9118

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