Front Street Flow-Through 2010-II Limited Partnership

Front Street Flow-Through 2010-II Limited Partnership

October 08, 2010 12:04 ET

Front Street Raises $30,000,000 from Closing of Flow-Through Limited Partnership Units Offering

TORONTO, ONTARIO--(Marketwire - Oct. 8, 2010) - Front Street Capital announced that it has completed the closing of the Front Street Flow-Through 2010-II Limited Partnership units offering, raising a total of $30,000,000 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 2010 taxation year.

The offering was made through a syndicate of investment dealers, co-led by National Bank Financial Inc. and CIBC World Markets Inc., which included RBC Dominion Securities Inc., BMO Nesbitt Burns Inc., TD Securities Inc., GMP Securities L.P., Scotia Capital Inc., Canaccord Genuity Corp.,, Macquarie Capital Markets Canada Ltd., Raymond James Ltd., Tuscarora Capital Inc., Dundee Securities Corporation, HSBC Securities (Canada) Inc., Manulife Securities Incorporated, Sherbrooke Street Capital (SSC) Inc. and Wellington West Capital Markets Inc.

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