Canoe Financial Files Preliminary Prospectus for the Canoe 2012 Flow-Through LP
17.05.12
Canoe Financial LP (the "Manager" or "Canoe"), has filed a preliminary prospectus for the initial public offering of limited partnership units ("Units") of the Canoe 2012 Flow-Through LP (the "Partnership"), in each of the provinces of Canada, except Quebec.
The Partnership's investment objective is to provide Limited Partners with exposure to quality tax-advantaged energy investments of two separate portfolios, consisting primarily of (i) Canadian Exploration Expense ("CEE") Flow-Through Shares of Resource Companies (the "Class CEE Portfolio"); or (ii) Canadian Development Expense ("CDE") Flow-Through Shares of Resource Companies (the "Class CDE Portfolio", and together with the Class CEE Portfolio, the "Investment Portfolios"). The Partnership provides the choice of investing in either the Class CEE Portfolio or the Class CDE Portfolio or a combination of both, allowing investors to target their specific investment requirements.
Source: Marketwire (press release)