Front Street Flow-Through 2010-I Limited Partnership

Front Street Flow-Through 2010-I Limited Partnership

February 18, 2010 12:36 ET

Front Street Raises Over $73,000,000 From First Closing of Flow-Through Limited Partnership Units Offering

TORONTO, ONTARIO--(Marketwire - Feb. 18, 2010) - Front Street Capital announced that it has completed the closing of the Front Street Flow-Through 2010-I Limited Partnership units offering, raising a total of $73,135,100 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 2010 taxation year.

The offering was made through a syndicate of investment dealers, co-led by National Bank Financial Inc. and CIBC World Markets Inc., which included BMO Nesbitt Burns Inc., RBC Capital Markets, Scotia Capital Inc., TD Securities Inc., Canaccord Financial Ltd., Manulife Securities Inc., Tuscarora Capital Inc., Macquarie Capital Markets Canada Ltd., Dundee Securities Corporation, GMP Securities L.P., HSBC Securities (Canada) Inc., Raymond James Ltd., and Wellington West Capital Markets Inc.

Front Street is also pleased to announce that there will be a second closing on March 11, 2010.

Contact Information