MRF 2009 Resource LP Raises $37 million



    
    IPO to provide exploration financing for growing Canadian resource
    companies
    

    TORONTO, May 27 /CNW/ - Middlefield Group announced today the closing of
its 43rd resource fund, MRF 2009 Resource Limited Partnership, which raised
total proceeds of $37 million.
    The objectives of the Partnership are to provide investors with capital
appreciation and significant tax benefits to enhance after-tax returns,
including the deductibility of 100% of their original investment. The
Partnership intends to achieve these objectives by investing in a diversified
portfolio of flow-through common shares of companies involved primarily in
Canadian oil and gas, mining or renewable energy exploration, development and
production.
    The syndicate of agents for the offering was co-led by CIBC World Markets
Inc. and RBC Capital Markets, and included BMO Nesbitt Burns Inc., National
Bank Financial Inc., Scotia Capital Inc., TD Securities Inc., Canaccord
Capital Corporation, Dundee Securities Corporation, HSBC Securities (Canada)
Inc., Manulife Securities Incorporated, Raymond James Ltd., Blackmont Capital
Inc., Middlefield Capital Corporation, Richardson Partners Financial Limited,
Wellington West Capital Markets Inc. and Burgeonvest Securities Limited.
    Middlefield is a leading provider of flow-through share funds in Canada.
Since 1983, Middlefield has sponsored 43 public and private funds and has
acted as agent or manager for over $1.7 billion of resource investments.
Middlefield Resource Funds focus on TSX listed oil and gas and mining
companies with strong growth strategies led by experienced management teams.

    This press release is for informational purposes only and does not
constitute an offer to sell or a solicitation to buy the securities referred
to herein. This offering is made only by prospectus. The prospectus contains
important detailed information about the securities being offered. Copies of
the prospectus may be obtained from your IIROC registered financial advisor.
Investors should read the prospectus before making an investment decision.




For further information:

For further information: please visit our website at www.middlefield.com
or contact Nancy Tham, Senior Vice-President, at (416) 847-5349 or
1-888-890-1868

Organization Profile

MRF 2009 RESOURCE LIMITED PARTNERSHIP

More on this organization


Custom Packages

Browse our custom packages or build your own to meet your unique communications needs.

Start today.

CNW Membership

Fill out a CNW membership form or contact us at 1 (877) 269-7890

Learn about CNW services

Request more information about CNW products and services or call us at 1 (877) 269-7890