Lawrence Enterprise Fund Inc. Announces Results of Annual and Special Meeting

TORONTO, Feb. 27, 2015 /CNW/ - Lawrence Enterprise Fund Inc. (the "Fund") announced today that at the annual and special meeting of shareholders of the Fund held on February 26, 2015 (the "Meeting"), shareholders approved all matters of business, including a special resolution authorizing the voluntary liquidation and dissolution of the Fund (the "Wind-Up"). As a result, the Fund will commence the Wind-Up process described in the management information circular dated February 3, 2015 (the "Circular") mailed to shareholders in connection with the Meeting. Copies of the Circular may also be found at www.sedar.com.

The Wind-Up remains subject to any necessary regulatory approvals.

Certain statements in this press release may be viewed as forward-looking statements. Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, intentions, projections, objectives, assumptions or future events or performance (often, but not always, using words or phrases such as "believe", "expects", "is expected", "anticipates", "plans", "estimates" or "intends" (or negative or grammatical variations thereof), or stating that certain actions, events or results "may", "could", "would", "might" or "will" be taken, occur or be achieved) are not statements of historical fact and may be forward-looking statements. Forward-looking statements are subject to a variety of risks and uncertainties which could cause actual events or results to differ from those reflected in the forward-looking statements including as a result of changes in the general economic and political environment, changes in applicable legislation, and the performance of the Fund. There are no assurances the Fund can fulfill such forward-looking statements and the Fund does not undertake any obligation to update such statements. Such forward-looking statements are only predictions; actual events or results may differ materially as a result of risks facing the Fund, some of which are beyond the control of the Fund.

SOURCE Lawrence Enterprise Fund Inc.

Larry Guy, Chief Executive Officer, Lawrence Enterprise Fund Inc., [phone]