Maple Leaf 2011 Energy Income Limited Partnership

Maple Leaf 2011 Energy Income Limited Partnership

September 28, 2011 19:03 ET

Maple Leaf 2011 Energy Income Limited Partnership/Second Close Complete-Total Raised: $16,961,100 (169,611 Units)

CALGARY, ALBERTA--(Marketwire - Sept. 28, 2011) - Maple Leaf 2011 Energy Income Limited Partnership (the "Partnership") is pleased to announce that it has completed its second closing on Wednesday, September 28, 2011 issuing 41,117 partnership units for gross proceeds of $4,111,700. The total number of partnership units issued to date is 169,611 units for gross proceeds of $16,961,100. The books have now been re-opened for a third and final closing on October 26, 2011 at 12:00 p.m. (EST). The books may close earlier if the maximum offering size has been reached.

Partnership Objectives.

The Partnership has been created to provide limited partners with an investment in a pool of professionally selected, non-operated, direct working interests and similar interests in oil and gas production and/or production revenue on properties considered prospective for oil and natural gas development and to participate in the development of the properties in order to generate:

  1. monthly cash distributions on completion of certain development drilling programs;
  2. potential capital appreciation; and
  3. tax deductions equal to 95% of investment.

Investment Management Team.

Located in Calgary, Alberta, the Partnership's investment management team will be led by Joseph Durante and Glen Tanaka at Toscana Energy Corporation ("Toscana"). Combined, the members of Toscana's management team have over 100 years of successfully investing in oil and gas.

The Syndicate.

The syndicate of agents for the offering is being co-led by Scotia Capital Inc., BMO Nesbitt Burns Inc. and National Bank Financial Inc. and includes Dundee Securities Ltd., GMP Securities L.P., HSBC Securities (Canada) Inc., Macquarie Private Wealth Inc., Canaccord Genuity Corp., Desjardins Securities Inc., Manulife Securities Incorporated, Raymond James Ltd., Acumen Capital Finance Partners Limited, M Partners Inc., Mackie Research Capital Corporation and Union Securities Ltd.

A final prospectus dated August 16, 2011 relating to these securities has been filed with the securities commissions or similar authorities in each of the provinces of Canada for the purpose of distribution to the public. This release shall not constitute an offer to sell or the solicitation of any offer to buy the securities. This release is provided for information purposes only. Commissions, trailing commissions, management fees and expenses all may be associated with investment funds. Please contact your investment advisor or Maple Leaf 2011 Energy Income Limited Partnership to obtain a copy of the prospectus before investing. Investment funds are not guaranteed, their values change frequently and past performance may not be repeated. Capitalized terms not defined herein have the meanings set forth in the prospectus.

Contact Information