Front Street Raises $20 Million from Closing of Flow-Through Limited Partnership Units Offering
TORONTO, ONTARIO--(Marketwire - Oct. 31, 2012) -
NOT FOR DISTRIBUTION IN THE UNITED STATES OR OVER U.S. WIRE SERVICES
Front Street Capital is pleased to announce that it has completed the closing of the Front Street Flow-Through 2012-II Limited Partnership units offering, raising a total of $20,000,000 for investments in flow-through shares of Canadian resource companies and other permitted investments. Front Street focuses on companies engaged in oil and gas or mining exploration, development or production. Investors expect to receive tax deductions on the amount invested for the 2012 taxation year.
The offering was made through a syndicate of investment dealers, co-led by National Bank Financial Inc., CIBC World Markets Inc. and RBC Dominion Securities Inc., which included BMO Nesbitt Burns Inc., TD Securities Inc., GMP Securities L.P., Scotia Capital Inc., Canaccord Genuity Corp., Macquarie Capital Markets Canada Ltd., Manulife Securities Incorporated, Raymond James Ltd., Tuscarora Capital Inc., Desjardins Securities Inc., Dundee Securities Ltd. and Sherbrooke Street Capital (SSC) Inc.
FOR FURTHER INFORMATION PLEASE CONTACT:
Front Street Capital