TORONTO, ONTARIO--(Marketwire - Feb. 21, 2013) -
NOT FOR DISSEMINATION TO THE UNITED STATES
Front Street Capital announced that it has completed the initial closing of the Front Street Flow-Through 2013-I Limited Partnership offering of National Class units and Québec Class units, raising a total of $24,197,575 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 BMO Nesbitt Burns Inc., TD Securities Inc., Scotia Capital Inc., GMP Securities L.P., Canaccord Genuity Corp., Macquarie Capital Markets Canada Ltd., Manulife Securities Incorporated, Raymond James Ltd., Tuscarora Capital Inc., Desjardins Securities Inc. and Sherbrooke Street Capital (SSC) Inc.
Front Street is also pleased to announce that a second closing is expected to take place on March 28, 2013.
This offering is only made by prospectus. The prospectus contains important detailed information about the securities being offered. Copies of the prospectus may be obtained from one of the agents listed above. Investors should read the prospectus before making an investment decision.