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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FEB 10 2010

Advantage Portfolio Companies Win Accolades
Vancouver, February 10, 2010 –BC Advantage Funds (VCC) Ltd. announced today that a number of its portfolio companies have recently received top industry awards.  Tanner Philp, CFO and Partner at Advantage, stated “We are proud of the portfolio we
have...

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NOV 17 2009

BC Advantage Funds Closes Investment in In Motion Technolgy
Vancouver, November 17, 2009 – BC Advantage Funds (VCC) Ltd. announced today the recent closing of an investment in In Motion Technology Inc. ("In Motion").  In Motion is a leader in mobile networking technologies that connect and manage equipment...

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NOV 9 2009

BC Advantage Funds Announces Passing of its Chairman, Dr. Don Rix
Vancouver, November 9, 2009 – BC Advantage Funds (VCC) Ltd. announced today the passing of its Chairman, Dr. Don Rix, on Friday, November 6.  Dr. Rix served as the Chairman of the Board of Directors of Advantage since the company's inception in 2003...

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JUN 12 2009

BC Advantage Funds Announces Change to its Annual Tax Credit Allocation
Vancouver, June 12, 2009 – BC Advantage Funds (VCC) Ltd. announced today that it has been advised by the Investment Capital Branch (ICB) of the Province of British Columbia that its tax credit allocation for 2009 and future years has been changed...

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APR 30 2009

BC Advantage Completes Redemption of Advantage Life Sciences Fund I
Vancouver, April 30, 2009 – BC Advantage is pleased to announce that it has fulfilled all redemption requests received from shareholders of the Advantage Life Sciences Fund I...

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DEC 11 2008

BC Advantage Announces New Commission Option

Vancouver, December 11, 2008 – BC Advantage is pleased to announce a new commission option for purchases of shares in the Advantage Venture Fund and the Advantage Growth Fund... read more

DEC 8 2008

Shares of BC Advantage Portfolio Company Rise 224% on Positive Phase II Data - OncoGenex announces significant survival advantage in Phase II metastatic prostate cancer trial.

Vancouver, December 8, 2008 – On December 3, 2008, OncoGenex Pharmaceuticals (NASD:OGXI) announced the results of its Phase 2 clinical trial comparing treatment of metastatic prostate cancer patients with its OGX-011 in combination with docetaxel and prednisone (the ”OGX-011 arm”) versus patients that received docetaxel and prednisone alone (the “control arm”)... read more

NOV 4 2008

BC Advantage Funds Announces Advantage Growth Fund

Vancouver, November 4, 2008 – BC Advantage Funds announced today that it will change the name and investment focus of its Advantage Life Sciences Fund II to focus on investments in emerging BC-based growth companies... read more

JUN 4 2008

BC Advantage Funds Portfolio Company Goes Public

Protiva Biotherapeutics Completes Reverse Merger with Tekmira Pharmaceuticals

Vancouver, June 4, 2008 - BC Advantage Funds (VCC) Ltd. announced today that one of its portfolio companies, Protiva Biotherapeutics went public on June 2, 2008 by way of a reverse merger with Tekmira Pharmaceuticals (TSX:TKM)... read more

MAY 27 2008

BC Advantage Funds to Simplify Fund Structure

Vancouver, May 27, 2008 - BC Advantage Funds (VCC) Ltd. announced today changes to simply its fund structure which are expected to result in improved operating efficiencies and material expense reductions... read more

MAY 7 2008

BC Advantage Funds leads over-subscribed investment into Mobidia

Vancouver, May 7, 2008 - BC Advantage Funds (VCC) Ltd. is pleased to announce that it has completed a further investment in Mobidia Technology Inc. (www.mobidia.com) as lead investor in a $7,500,000 round of financing... read more

FEB 22 2008

Advantage Sold Out!

Fund reports sell out of BCA 800

Vancouver, February 22, 2008 - Advantage Life Science Fund II announced today that it has sold out its 2007 tax credit allocation. Over $2,000,000 of sales of the Fund have been processed within the last two weeks... read more

FEB 13 2008

Less than $2 million remaining of Advantage Life Science Fund II

Vancouver, February 13, 2008 - Advantage Life Science Fund II (VCC) Ltd. announced today that it has less than $2 million remaining of its 2007 tax credit allocation. Over $1.25 million of sales of the Fund have been processed within the last two weeks... read more

JAN 29 2008
Advantage Portfolio Companies Capture Top Awards at Canadian Financing Forum
Vancouver, January 29, 2008 – BC Advantage Funds (VCC) Ltd. announced today that two of its portfolio companies, NxtGen Emission Controls and Contigo Systems, captured the two highest awards at the 11th Annual Canadian Financing Forum (www.canadait.com) recently held in Vancouver... read more