CGE Resources Québec 2011-II L.P. Withdraws its Fall 2011 Offering

POINTE-CLAIRE, QC, Nov. 15, 2011 /CNW/ - CGE Resources Québec 2011-II L.P. (the "Partnership") announces the withdrawal of its fall 2011 offering.

Considering current market conditions, the Partnership was concerned it would not be able to have a closing session in due time and offer a strong and diversified portfolio to its limited partners before the end of 2011. The Partnership will therefore not complete its fall offering.

The manager of the Partnership remains generally optimistic regarding the natural resource sector and currently expects to return to market with a new issue in the first quarter of 2012, subject to the then prevailing market conditions.

About CGE Resources

CGE Resources is a limited partnership that invests in flow-through shares of resource issuers engaged in Canadian mineral exploration or oil and gas exploration, with primary focus on Resource Issuers engaged in mineral exploration, with a view to maximizing the tax benefit of the investments.

For further information, please contact our Customer Service Center at 1-866-987-1455 or visit our website at www.cgeresources.com.

 

SOURCE CGE Resources Québec 2011-II L.P.

For further information:

Contacts: Me Éloïse Gagnon, LL.B. LL.M. Fisc.
President
CGE Québec 2011-II General Partner Inc.
Phone: (514) 987-1455
1-866-987-1455
www.cgeresources.com
            Clément C. Gagnon, MBA
Secretary
CGE Québec 2011-II General Partner Inc.
Phone: (514) 987-1455
1-866-987-1455
www.cgeresources.com

 

Organization Profile

CGE Resources Québec 2011-II L.P.

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