Pender Growth Fund Enters into Lock-Up Agreement for Inscape Shares

VANCOUVER, British Columbia, Nov. 01, 2022 (GLOBE NEWSWIRE) -- (TSXV: PTF) Pender Growth Fund Inc. (the “Company”) today announces that it has entered into a lock-up agreement (the "Lock-Up Agreement") with HUK 121 Limited (the "Offeror") pursuant to which the Company has agreed to tender its 6,886,981 Subordinated Voting Shares of Inscape Corporation (the "Inscape Shares") to the Offeror's proposed take-over bid to acquire all of the Inscape Shares at a price of $0.007 per share (the "Offer").

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