VenGrowth and Lawrence Invest in Dreamcatcher

On December 27, 2002, VenGrowth Capital Partners Inc., Lawrence Enterprise Fund Inc. and Lawrence Technology Venture Fund purchased an aggregate of $17 million principal amount of subordinated convertible debentures from Dreamcatcher Interactive, a leading publisher and distributor of computer games for game consoles and personal computers. Dreamcatcher is a private company headquartered in Toronto.

VenGrowth and Lawrence were represented by Stikeman Elliott LLP, with a team consisting of Mark Burton, Daniel Thomson and Roula Eatrides; and in-house by Jay Heller, general partner, VenGrowth, and Grant McCutcheon, director, Lawrence. Dreamcatcher was represented by WeirFoulds LLP, with a team comprised of John Wilkinson, Ryan Filson and Mark Goldbloom, and by in-house counsel Leslie Himelfarb.