Maple Leaf 2013 Oil & Gas Income Limited Partnership (the “Partnership") is pleased to announce that it has filed a preliminary prospectus (the “Prospectus”) dated August 29, 2013 with securities commissions or similar authorities in each of the provinces of Canada relating to the initial public offering of units of the Partnership. The maximum proceeds of the offering will be $30,000,000.
The Partnership has been created to provide limited partners with an investment in (a) producing, primarily non-operated, oil and natural gas properties and/or production assets characterized by long life reserves with predictable production performance and cash flow profiles (“Producing Long Life Assets”); and (b) a pool of professionally selected gross over-riding royalties and similar interests (including non-operated working interests) in oil and natural gas production and/or production revenue (“Oil & Gas Royalties” and, together with the Producing Long Life Assets, the “Investments”), in order to generate: (i) monthly income paid from revenues generated by the Investments; (ii) potential capital appreciation; (iii) liquidity upon divestiture of assets; and (iv) a 100% tax deductible (over time) investment by incurring Canadian Oil and Gas Property Expenses and/or Canadian Development Expense.
The syndicate of agents for the offering is being co-led by Scotiabank and National Bank Financial Inc. and includes BMO Capital Markets Inc., GMP Securities L.P., Canaccord Genuity Corp., Macquarie Private Wealth Inc., Manulife Securities Incorporated, Raymond James Ltd., Burgeonvest Bick Securities Ltd., Desjardins Securities Inc., Dundee Securities Ltd. and Mackie Research Capital Corporation.
OIL & GAS INVESTMENT MANAGEMENT
The Partnership’s Oil & Gas Investment Management is led by Jonathan A. Lexier, BSc., P.Eng., MBA, President, ML 2013 Oil & Gas Income Management Corp. Mr. Lexier provides the Partnership with expertise in sourcing and negotiating agreements with oil and gas companies which will entitle the Partnership to its share of production revenue from Properties.
FOR FURTHER INFORMATION
Please contact Hugh Cartwright, Chairman
MAPLE LEAF 2013 OIL & GAS INCOME LIMITED PARTNERSHIP
609 Granville Street, Suite 808, Vancouver, BC V7Y 1G5
Tel: 604.684.5750 | Toll Free: 866.688.5750
A preliminary prospectus dated August 29, 2013 containing important information relating to these securities has been filed with securities commissions or similar authorities in each of the provinces of Canada. The preliminary prospectus is still subject to completion or amendment. Copies of the preliminary prospectus may be obtained from your investment dealer or by contacting Maple Leaf 2013 Oil & Gas Income Limited Partnership at the coordinates listed above. 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.
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