Maple Leaf Short Duration 2011-II Flow-Through Limited Partnership

October 03, 2011 09:00 ET

Maple Leaf Short Duration 2011-II Flow-Through Limited Partnership: National Offering

Maximum Offering: $30,000,000

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Oct. 3, 2011) - Maple Leaf Short Duration 2011-II Flow-Through Limited Partnership (the "Partnership") is pleased to announce that it has filed a preliminary prospectus (the "Prospectus") dated September 22, 2011 with the securities commissions or similar authorities in each of the provinces and territories of Canada relating to the initial public offering of units of the Partnership.

Partnership Objectives

The Partnership is designed to provide holders of its National Class Units ("National Class Limited Partners") with a tax-assisted investment in a diversified portfolio of Flow-Through Shares of Resource Companies incurring Eligible Expenditures (as defined in the Prospectus) across Canada with a view to maximizing the tax benefits of an investment in National Class Units and achieving capital appreciation and/or income for National Class Limited Partners. National Class Limited Partners must be residents of Canada or liable to pay Canadian income tax.

Tax Benefits

Investors are expected to receive tax deductions for 2011 of approximately 100% of the amount invested based on and subject to certain conditions as set forth in the Prospectus.

Liquidity Event

The investment portfolio of the Partnership will be actively managed in such a way as to preserve the ability to undertake a future liquidity event, such as a rollover into a mutual fund corporation.

The Syndicate

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

A copy of the Prospectus can be obtained from any agent.

Offering Jurisdictions

Each of the provinces and territories of Canada. Please note that a Québec specific offering of Limited Partnership Units is also being offered by the Partnership to Québec residents or investors liable to pay income tax in Québec. Please refer to the Prospectus for complete disclosure on the Québec offering.

A preliminary prospectus dated September 22, 2011 relating to these securities has been filed with the securities commissions or similar authorities in each of the provinces and territories of Canada, but has not yet become final 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 read 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.

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