49 North 2006 Resource Flow-Through Limited Partnership
$25,000,000.00
5,000,000.00 Units at $5.00
Initial Public Offering - Closed - Tuesday, August 1, 2006
Company Description
49 North 2006 Resource Flow-Through Limited Partnership is a special purpose company formed to invest in a diversified portfolio of flow-through shares of resource issuers engaged in mineral or oil and gas exploration in Canada, with the focus on resource issuers with exploration programs in Saskatchewan, and will generally be weighted towards junior and intermediate mining issuers more so than oil and gas issuers. TMM Portfolio Management Inc. will act as investment manager for the Partnership. The units of the Limited Partnership will not be publicly traded.
| Address: |
224 4th Ave S Suite 602 Saskatoon, Saskatchewan, S7K 5M5 Canada |
|---|---|
| Phone Number: | 306 664-4626 |
| Fax Number: | 306 664-4483 |
| Website: |
| Industry: | Structured Products |
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| Closing Date: | Tuesday, August 1, 2006 |
| 1st Day of Trading: | |
| Primary Symbol: | |
| Exchange: |
Proceeds
The net proceeds of the offering will be invested in flow-through shares of resource issuers whose principal business is resource exploration and development.
| Gross Proceeds: | $25,000,000.00 |
|---|---|
| Underwrting Fees: | $1,770,000.00 |
| Expense Offering: | $175,000.00 |
| Net Proceeds: | $23,055,000.00 |
| Lead Underwriter: | Union Securities Ltd. |
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| Other Underwriter(s): |
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