December 9, 2022

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Pender Growth Fund Provides Financial Highlights and Company Updates

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VANCOUVER, British Columbia, Nov. 24, 2022 (GLOBE NEWSWIRE) — (TSXV: PTF) Pender Growth Fund Inc. (the “Company”) today announced its financial and operational results for the three months and nine months ended September 30, 2022.

Financial Highlights (Unaudited)

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  • Net loss was $8,520,121 for the three months ended September 30, 2022 (September 30, 2021 – Net income $75,339,050) primarily the result of negative investment performance in the quarter.
  • Net loss per Share for the three months ended September 30, 2022, was $1.12 (September 30, 2021 – Net income per Share $9.89).
  • Shareholders’ equity per Class C common share (“Share”) was $10.46 as at September 30, 2022 (December 31, 2021 – $26.08).
  • The Company’s total shareholders’ equity was $79.3 million as at September 30, 2022, a decrease from December…

GlobeNewswire

2022-11-24 19:07:25

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