Discovery 2023 Short Duration LP
$25,000,000.00
1,000,000.00 Units at $25.00
Initial Public Offering - Closed - Thursday, October 5, 2023
Company Description
Discovery 2023 Short Duration LP is a limited partnership established to invest in an actively managed diversified portfolio comprised primarily of equity securities of Canadian mining companies. Middlefield Resource Corporation is the general partner of the partnership and Middlefield Limited is the manager of the partnership.
| Address: |
First Canadian Place, 58th Floor, P.O. Box 192 Toronto, Ontario, M5X 1A6 Canada |
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| Phone Number: | 416 847-5355 |
| Fax Number: | |
| Website: |
| Industry: | Structured Products |
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| Closing Date: | Thursday, October 5, 2023 |
| 1st Day of Trading: | |
| Primary Symbol: | |
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Proceeds
The net proceeds of the offering will be used to subscribe for flow-through shares and other equity securities; and to fund ongoing management and advisor fees, interest costs and administrative costs
| Gross Proceeds: | $25,000,000.00 |
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| Underwrting Fees: | $1,437,500.00 |
| Expense Offering: | $500,000.00 |
| Net Proceeds: | $23,062,500.00 |
| Lead Underwriter: | RBC Dominion Securities Inc. |
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| Other Underwriter(s): |
CIBC World Markets Inc. BMO Nesbitt Burns Inc. TD Securities Inc. Scotia Capital Inc. National Bank Financial Inc. Raymond James Ltd. Middlefield Capital Corporation Canaccord Genuity Corp. Manulife Securities Incorporated Echelon Wealth Partners Inc. Wellington-Altus Private Wealth Inc. Richardson Wealth Ltd iA Private Wealth Inc. |
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