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As at August 18, 2017

SaskWorks Diversified (Class A - Series A) $18.2626 SaskWorks Resources (Class R - Series A) $11.1778

SaskWorks Diversified (Class A - Series F) $18.9777 SaskWorks Resources (Class R - Series F) $11.5138

SaskWorks Venture Fund Receives Confirmation of Amendments to Provincial LSVCC Program

REGINA, Saskatchewan (September 4, 2013) — SaskWorks Venture Fund has received confirmation from the Government of Saskatchewan that the following major amendments to the Labour-Sponsored Venture Capital Corporations Act and the associated Regulations will be tabled and ratified by the Provincial Legislative Assembly in its upcoming fall session:

Federal Consultation Update

SaskWorks actively participated in the Federal Government’s consultation process relating to the proposed phase-out of their LSVCC tax credit participation. A decision is expected this fall.

If the sunset period proceeds as originally proposed, the Federal Government’s investment tax credit will gradually decrease from 15% to nil between 2015 and 2017.

 

For further information please contact:

Randy Beattie, Chief Executive Officer

or

Rob Duguid, Vice President, Chief Financial Officer and Corporate Secretary at

(306) 791-4833

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