MRF 2015 Resource Limited Partnership

CALGARY, April 29, 2015 /CNW/ - Middlefield Group is pleased to announce the closing of its 55th resource fund, MRF 2015 Resource Limited Partnership ("MRF 2015"), which raised total proceeds of $61 million from the issuance of MRF 2015 Canadian exploration expense ("CEE") and Canadian development expense ("CDE") units.  MRF 2015 provided investors with the option of investing in either the CEE or CDE class portfolio, or a combination of both, to achieve individual tax efficiency objectives.

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 up to 100% of their original investment. The Partnership intends to achieve these objectives by investing in an actively managed, diversified portfolio comprised primarily of equity securities of Canadian exploration, development and production companies involved primarily in the oil and gas and mining sectors.

Middlefield is a leading provider of flow-through share funds in Canada and has a strong track record of delivering positive after-tax returns. Since 1983, Middlefield has sponsored 55 public and private flow-through funds and has acted as agent or manager for approximately $2.5 billion of resource investments.

The syndicate of agents for the offering was co-led by CIBC, RBC Capital Markets and Scotiabank, and included BMO Capital Markets, National Bank Financial Inc., TD Securities Inc., GMP Securities L.P., Manulife Securities Incorporated, Canaccord Genuity Corp., Middlefield Capital Corporation, and Raymond James Ltd.

This offering was only made 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 using the contact information for such advisor. Investors should read the prospectus before making an investment decision.

SOURCE MRF 2015 Resource Limited Partnership

For further information: please visit our website at www.middlefield.com or contact Nancy Tham, Managing Director, Sales and Marketing, at 416.847.5349 or 1.888.890.1868

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MRF 2015 Resource Limited Partnership

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