VANCOUVER, BC / December 24, 2013 / ACCESSWIRE / Maple Leaf Short Duration 2014 Flow-Through Limited Partnership (the “Partnership") is pleased to announce that it has filed a preliminary prospectus (the ”Prospectus”) dated December 20, 2013 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
The Partnership is designed to provide holders of its 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 2014 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
The Partnership is designed to provide holders of its 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 2014 of up to 150% 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 co-led by Scotiabank and National Bank Financial Inc. and includes, BMO Nesbitt Burns Inc., Canaccord Genuity Corp., GMP Securities L.P., Raymond James Ltd., Desjardins Securities Inc., Manulife Securities Incorporated, Burgeonvest Bick Securities Limited, Dundee Securities Ltd. and Mackie Research Capital Corporation. 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 SHORT DURATION 2014
FLOW-THROUGH MANAGEMENT CORP.
Tel: 1-866-688-5750
Email: [email protected]
Web: http://www.mapleleaffunds.ca/
Source: Maple Leaf Short Duration 2014 Flow-Through Limited Partnership