Maple Leaf Short Duration 2013 Flow-Through Limited Partnership



Maple Leaf Short Duration 2013 Flow-Through Limited Partnership

March 05, 2013 14:09 ET

Maple Leaf Short Duration 2013 Flow-Through Limited Partnership Completes Initial Closing

Second Closing: March 28, 2013 - Books Close: March 27, 2013 @ 12 Noon (EST) / 9am (PST)

VANCOUVER, BRITISH COLUMBIA--(Marketwire - March 5, 2013) - Maple Leaf Short Duration 2013 Flow-Through Limited Partnership (the "Partnership") is pleased to announce that it completed its initial closing on March 4, 2013. The Partnership issued 132,760 National Class Units and 125,489 Quebec Class Units at a price of $25 per unit, for aggregate gross proceeds of $6,456,225. The books have now re-opened in connection with a second closing on Thursday, March 28, 2013 or sooner, if sold out.

Partnership Objectives & Benefits - National Class

The Partnership is designed to provide holders of its National Class Units ("National Class Limited Partners") with an investment in a diversified portfolio of Flow-Through Shares of Resource Companies incurring Eligible Expenditures (as those terms are 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.

Investors are expected to receive tax deductions for 2013 of approximately 100% of the amount invested based on and subject to certain conditions as set forth in the Prospectus.

Partnership Objectives & Benefits - Québec Class

The Partnership is designed to provide holders of its Québec Class Units ("Québec Class Limited Partners") with an investment in a diversified portfolio of Flow-Through Shares of Resource Companies incurring Eligible Expenditures 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 reside in the Province Québec or are liable to pay income tax in Québec.

Investors are expected to receive tax deductions for 2013 of up to 138% of the amount invested based on and subject to certain conditions as set forth in the Prospectus.

Liquidity Event

The investment portfolios of both the National and Québec Class 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 Scotiabank and includes National Bank Financial Inc., BMO Capital Markets, Canaccord Genuity Corp., GMP Securities L.P., Raymond James Ltd., Desjardins Securities Inc., Macquarie Private Wealth Inc., Manulife Securities Incorporated, Burgeonvest Bick Securities Limited, Dundee Securities Ltd., Mackie Research Capital Corporation and PI Financial Corp. A copy of the Prospectus can be obtained from any agent.

Offering Jurisdictions

Each of the provinces and territories of Canada.

This offering is made only by way of the Prospectus dated February 21, 2013 relating to these securities, which has been filed with the securities commissions or similar authorities in each of the provinces and territories of Canada. 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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