AGS Energy 2005-1 Limited Partnership

March 17, 2005 11:03 ET

AGS Energy 2005-1 Limited Partnership Raises $6.8 Million


NEWS RELEASE TRANSMITTED BY CCNMatthews

FOR: AGS ENERGY 2005-1 LIMITED PARTNERSHIP

MARCH 17, 2005 - 11:03 ET

AGS Energy 2005-1 Limited Partnership Raises $6.8
Million

TORONTO, ONTARIO--(CCNMatthews - March 17, 2005) - AGS Resource
Management and Lawrence Asset Management are pleased to announce the
first closing of the initial public offering of AGS Energy 2005-1
Limited Partnership. The Partnership sold 275,290 Units for gross
proceeds of $6,882,250. The Partnership intends to complete its offering
with a final closing prior to April 29, 2005.

The offering is being led by BMO Nesbitt Burns Inc. and includes
National Bank Financial Inc., RBC Dominion Securities Inc., Scotia
Capital Inc., TD Securities Inc., FirstEnergy Capital Corp., Tristone
Capital Inc., Dundee Securities Corporation, First Associates
Investments Inc., HSBC Securities (Canada) Inc., Raymond James Ltd.,
Queensbury Securities Inc., Richardson Partners Financial Ltd. and
Wellington West Capital Inc.

This press release is not for distribution in the United States.

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Contact Information

  • FOR FURTHER INFORMATION PLEASE CONTACT:
    AGS Resource 2005-1 GP Inc.
    Clarence Chow
    President
    (403) 571-0692