Front Street Flow-Through 2014-I Limited Partnership

Front Street Flow-Through 2014-I Limited Partnership
Front Street Flow-Through 2014-II Limited Partnership

Front Street Flow-Through 2014-II Limited Partnership

March 30, 2016 16:39 ET

Front Street Flow-Through 2014-I Limited Partnership and Front Street Flow-Through 2014-II Limited Partnership Announce Completion of Rollover and Dissolution

TORONTO, ONTARIO--(Marketwired - March 30, 2016) -

NOT FOR DISTRIBUTION IN THE UNITED STATES OR OVER U.S. WIRE SERVICES

Front Street Flow-Through 2014-I Limited Partnership (the "2014-I Partnership") and Front Street Flow-Through 2014-II Limited Partnership (the "2014-II Partnership") announced today that they had completed the direct and indirect tax-deferred transfer of the assets of the 2014-I Partnership and the 2014-II Partnership into Front Street Mutual Funds Limited, as discussed in their press release of January 21, 2016. The Partnerships are being dissolved effective March 30, 2016.

Series B Shares of the Front Street Resource Growth and Income Class of Front Street Mutual Funds Limited ("Fund Shares") were issued at $1.9305 each.

The final net asset value for the partnership classes, along with the conversion rate to Fund Shares and total number of Fund Shares issued is set out below.

Class of Limited Partnership Units Total Number of Units Final Net Asset Value per Unit Net Asset Value of Fund Shares Conversion rate of Fund Shares per Unit Number of Fund Shares Issued in Total
2014-I Partnership National CEE Class Units 671,984 $6.8876 $4,628,330.92 3.567780 2,397,491.076
2014-I Partnership National CDE Class Units 48,578 $4.4601 $216,665.16 2.310334 112,231.405
2014-I Partnership Québec CEE Class Units 300,576 $8.3622 $2,513,465.39 4.331624 1,301,982.215
2014-II Partnership Units 800,000 $9.2313 $7,385,074.21 4.781818 3,825,454.400

The Fund Shares will offer daily liquidity through FundServ as soon as possible after the rollover, once the individual holders' investment advisor has reconciled the positions with FundServ, under FundServ Code "FSC401".

Additional Information: The prospectus in respect of the Fund Share distribution is available to limited partners of the Partnerships on SEDAR, at www.frontstreetcapital.com, through their broker, or by calling Front Street at 1-800-513-2832.

Contact Information