Front Street Flow-Through 2013-II L.P.

Front Street Flow-Through 2013-II L.P.

November 15, 2013 15:19 ET

Front Street Raises $20 Million from Flow-Through Limited Partnership Units Offering

TORONTO, ONTARIO--(Marketwired - Nov. 15, 2013) - Front Street Capital announced that it has completed a second closing of the Front Street Flow-Through 2013-II Limited Partnership offering (the "Offering"), raising an additional $5,701,850. In conjunction with the first closing of limited partnership units on October 25, 2013, a total of $20,000,000 was raised under the Offering 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 2013 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 Scotia Capital Inc., BMO Nesbitt Burns Inc., TD Securities Inc., GMP Securities L.P., Canaccord Genuity Corp., Macquarie Capital Markets Canada Ltd., Raymond James Ltd., Desjardins Securities Inc., Laurentian Bank Securities, Inc., Manulife Securities Incorporated, Sherbrooke Street Capital (SSC) Inc. and Tuscarora Capital Inc.

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