MSP 2009 Resource Limited Partnership completes $10 million initial public offering

    TORONTO, May 4 /CNW/ - MSP 2009 GP Inc. is pleased to announce that MSP
2009 Resource Limited Partnership (the "Partnership") has completed the second
closing of its initial public offering of limited partnership units. The
Partnership issued 174,245 limited partnership units at a price of $25.00 each
for gross proceeds of $4,356,125. Including the first closing, the total
amount raised by the Partnership is $10,425,125.
    The Partnership's investment objectives are to maximize total return for
limited partners and to provide significant tax benefits for limited partners
by investing in flow-through shares and in other securities of resource
issuers. The Partnership's portfolio is expected to consist primarily of
securities of resource issuers involved in oil and gas exploration and
development and, to a lesser extent, securities of resource issuers involved
in mining exploration and development or other energy production. MSP 2009 GP
Inc., the general partner of the Partnership, expects limited partners to
receive tax deductions equal to 100% of the gross proceeds of the offering for
the 2009 taxation year.
    Fred Sturm, Executive Vice-President of Mackenzie Financial Corporation
and Benoit Gervais, Vice-President of Mackenzie Financial Corporation, will
lead a team of professionals providing investment advisory and portfolio
management services to the Partnership. Mr. Sturm and Mr. Gervais currently
manage MSP 2008 Resource Limited Partnership and were the portfolio managers
for MSP 2007 Resource Limited Partnership, MSP 2006 Resource Limited
Partnership, MSP 2005 Resource Limited Partnership and Mackenzie 2004 Resource
Limited Partnership, partnerships with investment objectives and strategies
substantially similar to those of the Partnership.
    MSP 2009 GP Inc. is a wholly-owned subsidiary of Mackenzie Financial
Corporation ("Mackenzie Investments"), which was founded in 1967 and is a
leading investment management firm providing investment advisory and related
services. With $55.0 billion in assets under management as of April 30, 2009,
Mackenzie Investments distributes its services through a diversified network
of third-party financial advisors. Mackenzie Investments is a member of the
IGM Financial Inc. (TSX: IGM) group of companies. IGM Financial is one of
Canada's premier financial services companies with over $103 billion in total
assets under management as of April 30, 2009.
    The offering is being made through a syndicate of agents co-led by BMO
Capital Markets, CIBC World Markets Inc. and RBC Capital Markets and including
National Bank Financial Inc., Scotia Capital Inc., TD Securities Inc., HSBC
Securities (Canada) Inc., Canaccord Capital Corporation, Dundee Securities
Corporation, Raymond James Ltd., Manulife Securities Incorporated, Wellington
West Capital Markets Inc., Blackmont Capital Inc., Desjardins Securities Inc.,
GMP Securities L.P., M Partners Inc. and Richardson Partners Financial
    To learn more, contact your financial advisor or visit the MSP website at

For further information:

For further information: Trish Tervit, Environics Communications Inc.,
(416) 969-2809,

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