Maple Leaf 2012-II Energy Income Limited Partnership



Maple Leaf 2012-II Energy Income Limited Partnership

November 29, 2012 13:07 ET

Maple Leaf 2012-II Energy Income Limited Partnership: $24,715,200 Total Raised

CALGARY, ALBERTA--(Marketwire - Nov. 29, 2012) - Maple Leaf 2012-II Energy Income Limited Partnership (the "Partnership") is pleased to announce that it has completed the second and final closing of its public offering of limited partnership units on November 29, 2012. In total, the Partnership has issued 247,152 units for aggregate gross proceeds of $24,715,200.

PARTNERSHIP OBJECTIVES

The Partnership was created to provide limited partners with an investment in a pool of professionally selected, non-operated, direct working interests and similar interests (including royalties) in oil and natural gas production and/or production revenue on properties considered prospective for oil and natural gas development (the "Properties") and to participate in the development of the Properties in order to generate: (i) income paid monthly from the Partnership's share of oil and gas production revenue upon completion of certain development drilling programs; (ii) potential capital appreciation upon divestiture of assets; and (iii) a 100% tax deductible investment.

THE SYNDICATE

The syndicate of agents for the offering was co-led by Scotiabank and National Bank Financial Inc. and includes BMO Capital Markets Inc., GMP Securities L.P., Canaccord Genuity Corp., Macquarie Private Wealth Inc., Manulife Securities Incorporated, Raymond James Ltd., Desjardins Securities Inc., Dundee Securities Ltd., Mackie Research Capital Corporation, Sprott Private Wealth LP and Union Securities Ltd.

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"). Toscana will provide the Partnership with expertise in sourcing and negotiating agreements with oil and gas companies which will entitle the Partnership to its share of production revenue from Properties.

On July 10, 2012, Sprott Inc. (TSX:SII) acquired Sprott Toscana (formerly Toscana Capital Corporation) and its affiliates including Toscana.

This offering was made pursuant to the final prospectus of the Partnership dated October 19, 2012 (the "Prospectus"). The Prospectus contains important detailed information relating to the securities being offered pursuant thereto. Copies of the Prospectus may be obtained from your investment dealer or by contacting Maple Leaf 2012-II Energy Income Limited Partnership at the coordinates listed above. Investors should read the Prospectus before making an investment decision.

Contact Information