Discovery 2013 Flow-Through Limited Partnership initial public offering - Maximum $25,000,000
CALGARY, Sept. 11, 2013 /CNW/ - Middlefield Group, on behalf of
Discovery 2013 Flow-Through Limited Partnership ("Discovery" or the
"Partnership"), is pleased to announce that it has filed a preliminary
prospectus relating to the initial public offering of Discovery 2013
units. The offering will be made in each of the provinces and
territories of Canada.
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 an
actively managed, diversified portfolio of equity securities, comprised
primarily of flow-through common shares, of Canadian exploration,
development and production companies involved primarily in mining and
supplemented by companies operating in the oil and gas sector.
Middlefield Limited is the General Partner and Manger of the Partnership
and Middlefield Capital Corporation will be retained as the Portfolio
Advisor to the Partnership.
The syndicate of agents for the offering is being co-led by RBC Capital
Markets and CIBC World Markets Inc., and includes Scotiabank, BMO
Capital Markets, National Bank Financial Inc., TD Securities Inc.,
Manulife Securities Incorporated, Canaccord Genuity Corp., GMP
Securities L.P., Macquarie Private Wealth Inc., Middlefield Capital
Corporation, Dundee Securities Ltd. and Raymond James Ltd.
A preliminary prospectus containing important information relating to
these securities has been filed with securities commissions or similar
authorities in each of the provinces and territories of Canada. The
preliminary prospectus is still subject to completion or amendment.
Copies of the preliminary prospectus may be obtained from members of
the syndicate of agents listed above or from your IIROC registered
financial advisor using the contact information for such agent or IIROC
advisor. There will not be any sale or any acceptance of an offer to
buy the securities until a receipt for the final prospectus has been
issued.
SOURCE: Discovery 2013 Flow-Through Limited Partnership
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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