Maple Leaf 2012-II Energy Income Limited Partnership

Maple Leaf 2012-II Energy Income Limited Partnership

September 04, 2012 09:00 ET

Maple Leaf 2012-II Energy Income Limited Partnership-Preliminary Prospectus Filed

CALGARY, ALBERTA--(Marketwire - Sept. 4, 2012) - Maple Leaf 2012-II Energy Income Limited Partnership (the "Partnership") is pleased to announce that it has filed a preliminary prospectus (the "Prospectus") dated August 30, 2012 with the securities commissions or similar authorities in each of the provinces of Canada relating to the initial public offering of units of the Partnership.

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 (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 is being 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.

OIL & GAS INVESTMENT MANAGEMENT TEAM

The Partnership's Oil & Gas Investment Management Team is led by Joseph Durante and Glen Tanaka of Toscana Energy Corporation ("Toscana"). Toscana provides 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. acquired Toscana Capital Corporation and its affiliates including Toscana.

A preliminary prospectus dated August 30, 2012 containing important information relating to these securities has been filed with securities commissions or similar authorities in each of the provinces of Canada. The preliminary prospectus is still subject to completion or amendment. Copies of the preliminary prospectus may be obtained from your investment dealer or by contacting Maple Leaf 2012-II Energy Income Limited Partnership at the coordinates listed above. There will not be any sale or any acceptance of an offer to buy the securities until a receipt for the final prospectus has been issued.

Contact Information