Stone 2009 Flow-through Limited Partnership

September 04, 2009 11:43 ET

Stone 2009 Flow-through Limited Partnership Files Preliminary Prospectus

TORONTO, ONTARIO--(Marketwire - Sept. 4, 2009) - Stone 2009 Flow-Through GP Inc., on behalf of the Stone 2009 Flow-through Limited Partnership (the "Partnership"), has filed a preliminary prospectus dated August 31, 2009 with Canadian securities regulatory authorities in each of the provinces and territories of Canada. Stone Asset Management Limited will act as Portfolio Advisor to the Partnership and will, prior to December 31, 2009, endeavour to invest all proceeds available for investment primarily in flow-through shares of resource issuers that will agree to incur Canadian Exploration Expense ("CEE") in carrying out exploration in Canada and renounce CEE to the Partnership. Limited Partners with sufficient income may be entitled to claim certain deductions from income and non-refundable investment tax credits where available, for income tax purposes for the 2009 taxation year.

The Partnership has been formed to invest primarily in flow-through shares of resource issuers engaged in oil and gas and mineral exploration in Canada with a view to the preservation of capital and achieving capital appreciation of the Partnership's investments.

The offering is made by a syndicate of agents led by National Bank Financial Inc. and includes CIBC World Markets Inc., BMO Nesbitt Burns Inc., Scotia Capital Inc., Canaccord Capital Corporation, Manulife Securities Incorporated, Raymond James Ltd., Wellington West Capital Inc., Blackmont Capital Inc., HSBC Securities (Canada) Inc., Burgeonvest Bick Securities Limited, GMP Securities L.P., M Partners Inc. and Research Capital Corporation.

A preliminary prospectus containing important information relating to these securities has been filed with securities commissions or similar authorities in certain jurisdictions of Canada. The preliminary prospectus is still subject to completion or amendment. Copies of the preliminary prospectus may be obtained from Heather McLennan, National Bank Financial Inc., (416) 869-6662 or Heather.McLennan@NBFinancial.com. There will not be any sale or any acceptance of an offer to buy the securities until a receipt for the final prospectus has been issued.

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