MRF 2015 Resource Limited Partnership - Initial Public Offering

CALGARY, Dec. 24, 2014 /CNW/ - Middlefield Group, on behalf of MRF 2015 Resource Limited Partnership ("MRF 2015" or the "Partnership"), is pleased to announce that it has filed a preliminary prospectus relating to the initial public offering of MRF 2015 Canadian Exploration Expense ("CEE") and Canadian Development Expense ("CDE") units. MRF 2015 provides 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 offering will be made in each province 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 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 54 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 is being co-led by CIBC, RBC Capital Markets and Scotiabank, and includes 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.

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: MRF 2015 Resource Limited Partnership

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