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## Introduction
Pender Growth Fund Inc. is a leading investment firm based in Vancouver, British Columbia. The company, listed as (TSXV: PTF), has recently released its financial and operational results for the year ended December 31, 2023.

## Financial Highlights
The company reported a net income of $1,029,528 for the year ended December 31, 2023, a stark contrast to the net loss of $127,838,962 in the previous year. This positive financial outcome was largely attributed to the successful investment performance throughout the year. Additionally, the net income per Class C common share for the same period was $0.14, compared to a net loss per share of $16.85 in 2022.

The Company’s total shareholders’ equity saw a slight decline from $70.2 million as of December 31, 2022, to $69.9 million by December 31, 2023. This decrease was primarily due to share repurchases under the Company’s Normal Course Issuer Bid (NCIB), offset by positive investment performance during the year. Furthermore, the shareholders’ equity per share stood at $9.48 by the end of 2023.

## AI legalese decoder Benefits
AI legalese decoder can assist Pender Growth Fund Inc. in analyzing legal documents related to its investments and financial disclosures. By using AI-powered technology, the company can efficiently decipher complex legal language in filings, contracts, and regulatory documents, ensuring transparency and accuracy in its operations. This tool can streamline the process of understanding legal jargon, enabling the company to make informed decisions and comply with regulatory requirements effectively.

## Portfolio Highlights
The company’s portfolio focuses significantly on the shares of Copperleaf Technologies Inc., a publicly-listed Portfolio Company. As of December 31, 2023, Pender Growth Fund held 6,889,883 shares of Copperleaf, representing 59.5% of the total shareholders’ equity. While this concentration poses risks, the company remains vigilant in managing its portfolio to optimize returns.

## Outlook and Future Prospects
Looking ahead, Pender Growth Fund remains optimistic about its investment objectives and continues to identify attractive opportunities in the market, particularly in micro and small-cap stocks in North America. The company’s commitment to thorough research and analysis positions it well to navigate evolving macroeconomic conditions and deliver long-term value to its stakeholders.

## Conclusion
Pender Growth Fund Inc. remains dedicated to achieving long-term capital growth through strategic investments in unique opportunities. With a focus on technological advancements and prudent portfolio management, the company is committed to delivering sustainable returns to its shareholders. For further information, interested parties are encouraged to explore the company’s financial disclosures and reports available on its website and other relevant platforms.

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