MRF 2014 Resource Limited Partnership - Closing February 20, 2014 - Maximum $75,000,000

CALGARY, Jan. 31, 2014 /CNW/ - Middlefield Group, on behalf of MRF 2014 Resource Limited Partnership ("MRF 2014" or the "Partnership"), is pleased to announce that it has filed a final prospectus relating to the initial public offering of MRF 2014 units.  The offering is being made in each of the provinces and territories of Canada and the maximum offering size is $75 million.  Closing is scheduled for February 20, 2014.

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 of Canadian exploration, development and production companies involved primarily in the oil and gas and mining sectors.

Middlefield Resource Corporation is the General Partner and Middlefield Limited is the Manager of the Partnership. 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 CIBC and RBC Capital Markets, and includes Scotiabank, BMO Capital Markets, National Bank Financial Inc., TD Securities Inc., Manulife Securities Incorporated, Canaccord Genuity Corp., GMP Securities L.P., Middlefield Capital Corporation, Dundee Securities Ltd. and Raymond James Ltd.

Middlefield is a leading provider of flow-through share funds in Canada.  Since 1983, Middlefield has sponsored 52 public and private funds and has acted as agent or manager for over $2 billion of resource investments.  Middlefield Resource Limited Partnerships focus on TSX listed oil and gas and mining companies with strong growth strategies led by experienced management teams.

This offering is 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 2014 Resource Limited Partnership

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