Partners Value Fund Announces Completion of Substantial Issuer Bid

TORONTO, ONTARIO--(Marketwired - Nov. 21, 2014) - Partners Value Fund Inc. (TSX VENTURE:PVF) announced today the completion of its previously announced substantial issuer bid. In accordance with the offer, 658,884 common shares have been taken up by the company at a price of $30.00 per share. Payments will be made to tendering shareholders as soon as practicable.

This news release includes forward-looking information within the meaning of Canadian provincial securities laws. Forward-looking statements in this news release include statements with respect to the offer to purchase common shares. Although the company believes that such statements are based upon reasonable assumptions and expectations, the reader should not place undue reliance on forward-looking statements and information because they involve known and unknown risks, uncertainties and other factors. Reference is made to the most recent Annual Information Form for a description of the major risk factors. When relying on our forward-looking statements to make decisions with respect to the company, investors and others should carefully consider such factors and other uncertainties and potential events. Except as required by law, the company undertakes no obligation to publicly update or revise any forward-looking statements or information, whether written or oral, that may be as a result of new information, future events or otherwise.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.