Probity Mining 2022-II Short Duration Flow-Through Limited Partnership - British Columbia Class
$10,000,000.00
1,000,000.00 Units at $10.00
Initial Public Offering - Closed - Tuesday, October 4, 2022
Company Description
Probity Mining 2022-II Short Duration Flow-Through Limited Partnership - British Columbia Class has been formed to provide investors with an investment in a diversified portfolio of Flow-Through Shares of Resource Issuers engaged in the mining sector incurring eligible expenditures across Canada. Probity 2022-II Mining Flow Through Management Corp. is the general partner of the Partnership. The General Partner has retained Qwest Investment Fund Management Ltd. to provide advice on the Partnership’s investment in Flow-Through Shares, to manage the Partnership’s portfolios and to direct and manage the business and affairs of the Partnership.
| Address: |
10 Donwoods Grove North York, Ontario, M4N 2X5 Canada |
|---|---|
| Phone Number: | 647 280-8901 |
| Fax Number: | |
| Website: |
| Industry: | Structured Products |
|---|---|
| Closing Date: | Tuesday, October 4, 2022 |
| 1st Day of Trading: | |
| Primary Symbol: | |
| Exchange: | Venture |
Proceeds
The net proceeds of the offering will be used to acquire directly or indirectly flow-through shares of resource issuers. The operating reserve will be used to fund the ongoing operating fees and expenses of the partnership.
| Gross Proceeds: | $10,000,000.00 |
|---|---|
| Underwrting Fees: | $675,000.00 |
| Expense Offering: | $0.00 |
| Net Proceeds: | $9,325,000.00 |
| Lead Underwriter: | iA Private Wealth Inc. |
|---|---|
| Other Underwriter(s): |
Raymond James Ltd. Wellington West Capital Inc. Canaccord Genuity Corp. PI Financial Corp. Sherbrooke Street Capital Echelon Wealth Partners Inc. Richardson Wealth Ltd |
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