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Maple Leaf Short Duration 2016-II Flow-Through Limited Partnership NATIONAL & QUEBEC CLASS

Tuesday, 23 August 2016 04:51 PM

Preliminary Prospectus Filed

VANCOUVER, BC / ACCESSWIRE / August 23, 2016 / Maple Leaf Short Duration 2016-II Flow-Through Limited Partnership (the "Partnership") is pleased to announce that it has filed a preliminary prospectus (the "Prospectus") dated August 22, 2016 with the securities commissions or similar authorities in each of the Provinces and Territories of Canada relating to the initial public offering of units of the Partnership.

Partnership Objectives & Benefits - National Class Units

The Partnership is designed to provide holders of National Class Units ("National Class Limited Partners") with an investment in a diversified portfolio of Flow-Through Shares of Resource Companies incurring Eligible Expenditures (as those terms are defined in the Prospectus) across Canada with a view to maximizing the tax benefits of an investment in National Class Units and achieving capital appreciation and/or income for National Class Limited Partners. National Class Limited Partners must be residents of Canada or liable to pay Canadian income tax.

Investors are expected to receive tax deductions for 2016 of approximately 100% of the amount invested based on and subject to certain conditions as set forth in the Prospectus.

Partnership Objectives & Benefits - Québec Class Units

The Partnership is designed to provide holders of Québec Class Units ("Québec Class Limited Partners") with an investment in a diversified portfolio of Flow-Through Shares of Resource Companies incurring Eligible Expenditures principally in the Province of Québec with a view to maximizing the tax benefits of an investment in Québec Class Units and achieving capital appreciation and/or income for Québec Class Limited Partners. Québec Class Units are most suitable for investors who reside in the Province Québec or are liable to pay income tax in Québec.

Investors are expected to receive tax deductions for 2016 of up to 130% of the amount invested based on and subject to certain conditions as set forth in the Prospectus.

Liquidity Event

The investment portfolios of both the National and Québec Class Units will be actively managed in such a way as to preserve the ability to undertake a future liquidity event, such as a rollover into a mutual fund corporation.

The Syndicate

The syndicate of agents for the offering is being led by Scotiabank, BMO Capital Markets, CIBC World Markets Inc. and National Bank Financial Inc. and includes GMP Securities L.P., Canaccord Genuity Corp., Desjardins Securities Inc., Manulife Securities Incorporated, Raymond James Ltd., Industrial Alliance Securities Inc., Dundee Securities Ltd., Global Securities Corporation and Laurentian Bank Securities Inc.

A copy of the Prospectus can be obtained from any agent.

Offering Jurisdictions

Each of the Provinces and Territories of Canada.

FOR FURTHER INFORMATION, PLEASE CONTACT:

Hugh Cartwright, Chairman

MAPLE LEAF FLOW-THROUGH PROGRAMS

Tel: 1-866-688-5750
Email: [email protected]
Web: www.MapleLeafFunds.ca

SOURCE: Maple Leaf Short Duration 2016-II Flow-Through Limited Partnership

Topic:
Company Update
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