Front Street Flow-Through 2008-I Limited Partnership

Front Street Flow-Through 2008-I Limited Partnership

February 28, 2008 17:41 ET

Front Street Raises Over $110,000,000 From Offering of Flow-Through Limited Partnership Units

TORONTO, ONTARIO--(Marketwire - Feb. 28, 2008) - Front Street Capital, announced that it has completed the offering of Front Street Flow-Through 2008-I Limited Partnership units, raising a total of $110,855,625 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 2008 taxation year.

The offerings were made through a syndicate of investment dealers, co-led by National Bank Financial Inc. and CIBC World Markets Inc., which included BMO Nesbitt Burns Inc., RBC Capital Markets, Canaccord Capital Corporation, Scotia Capital Inc., TD Securities Inc., Richardson Partners Financial Ltd., Tuscarora Capital Inc., Raymond James Ltd. and MGI Securities Inc.

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