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Maple Leaf Short Duration 2013 Flow-Through Limited Partnership Completes Second Closing

Mar 28 2013 12:00AM

Marketwire

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VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 03/28/13 -- Maple Leaf Short Duration 2013 Flow-Through Limited Partnership (the "Partnership") is pleased to announce that it completed its second closing on March 28, 2013. On the second closing, the Partnership issued 53,137 National Class Units and 63,040 Quebec Class Units at a price of $25 per unit for gross proceeds of $2,904,425. The total gross proceeds to date are $9,360,650. The books have re-opened for a final closing on Tuesday, April 30, 2013.

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 2013 of approximately 100% of the amount invested based on and subject to certain conditions as set forth in the Prospectus.

Partnership Objectives & Benefits - Quebec Class

The Partnership is designed to provide holders of its Quebec Class Units ("Quebec 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 Quebec with a view to maximizing the tax benefits of an investment in Quebec Class Units and achieving capital appreciation and/or income for Quebec Class Limited Partners. Quebec Class Units are most suitable for investors who reside in the Province Quebec or are liable to pay income tax in Quebec.

Investors are expected to receive tax deductions for 2013 of up to 138% 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 Quebec Class 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 and includes National Bank Financial Inc., BMO Capital Markets, Canaccord Genuity Corp., GMP Securities L.P., Raymond James Ltd., Desjardins Securities Inc., Macquarie Private Wealth Inc., Manulife Securities Incorporated, Burgeonvest Bick Securities Limited, Dundee Securities Ltd., Mackie Research Capital Corporation and PI Financial Corp. A copy of the Prospectus can be obtained from any agent.

Offering Jurisdictions

Each of the provinces and territories of Canada.

This offering is made only by way of the Prospectus dated February 21, 2013 relating to these securities, which has been filed with the securities commissions or similar authorities in each of the provinces and territories of Canada. This release shall not constitute an offer to sell or the solicitation of any offer to buy the securities. This release is provided for information purposes only. Commissions, trailing commissions, management fees and expenses all may be associated with investment funds. Please read the Prospectus before investing. Investment funds are not guaranteed, their values change frequently and past performance may not be repeated. Capitalized terms not defined herein have the meanings set forth in the Prospectus.



Contacts:
Maple Leaf Short Duration 2013 Flow Through Management Corp.
Hugh Cartwright
Chairman
1-866-688-5750
info@mapleleaffunds.ca
www.MapleLeafFunds.ca





Source: Marketwire