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: Quebec Offering

Maximum Offering: $15,000,000

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 Québec Class Units ("Québec 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) principally in the Province of Québec with a view to maximizing the tax benefits of an investment in Québec Class Units and achieving capital appreciation and/or income for Québec Class Limited Partners. Québec Class Units are most suitable for investors who a reside in the Province Québec or are liable to pay income tax in Québec.

Tax Benefits. Investors are expected to receive tax deductions for 2011 of up to 145% 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 National offering of Limited Partnership units is also being offered by the Partnership to Canadian residents. Please refer to the Prospectus for complete disclosure on the National offering.

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