Canoe 2016 Flow-Through LP - CDE Units
$40,000,000.00
1,600,000.00 Units at $25.00
Initial Public Offering - Closed - Friday, April 15, 2016
Company Description
Canoe 2016 Flow-Through LP - CDE Units is a limited partnership created to provide Limited Partners with exposure to quality tax-advantaged energy investments of one or both of the Investment Portfolios (the Class CDE Portfolio and the Class CEE Portfolio), at the Limited Partners’ choosing, with a view to maximizing total after-tax returns for Limited Partners. Canoe Financial LP has been retained to act as Investment Fund Manager and Portfolio Manager of the Partnership.
| Address: |
3900, 350 - 7th Avenue SW Calgary, Alberta, T2P 3N9 Canada |
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| Phone Number: | 800 459 3384 |
| Fax Number: | 403 571 5554 |
| Website: |
| Industry: | Structured Products |
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| Closing Date: | Friday, April 15, 2016 |
| 1st Day of Trading: | |
| Primary Symbol: | |
| Exchange: |
Proceeds
The Limited Partnership will use the proceeds of this offering: (i) principally to subscribe for flow-through shares, and (ii) to fund the ongoing fees and expenses of the Partnership.
| Gross Proceeds: | $40,000,000.00 |
|---|---|
| Underwrting Fees: | $2,300,000.00 |
| Expense Offering: | $267,000.00 |
| Net Proceeds: | $37,433,000.00 |
| Lead Underwriter: | Scotia Capital Inc. |
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| Other Underwriter(s): |
RBC Dominion Securities Inc. CIBC World Markets Inc. BMO Nesbitt Burns Inc. TD Securities Inc. National Bank Financial Inc. Desjardins Securities Inc. GMP Securities Ltd. Raymond James Ltd. Canaccord Genuity Corp. |
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