Mavrix Fund Management Inc. has filed the final prospectus for the Mavrix Quebec 2009 Flow Through LP, the company said Thursday.
The maximum size of the offering is $20 million.
The LP will primarily invest in flow-through shares of resource issuers engaged in mineral or oil and gas exploration primarily in the province of Quebec, with a view to maximizing the tax benefit of an investment in the units, preserving capital and achieving capital appreciation.
The LP intends to focus on companies in the intermediate and junior resource sector with advanced exploration programs.
The first closing of the offering is expected on or about October 2. A second closing of the offering is expected on or about October 29.
Mavrix is the manager and portfolio advisor of the partnership.
The syndicate for the offering is being led by Desjardins Securities Inc. with other syndicate members including CIBC World Markets Inc., BMO Capital Markets, Canaccord Capital Corp., Dundee Securities Corp., Industrial Alliance Securities Inc., Laurentian Bank Securities Inc., GMP Securities L.P. and Wellington West Capital Markets Inc.
IE
Final prospectus filed for Mavrix Quebec 2009 Flow Through LP
LP to focus on resource exploration activities in Quebec
- By: IE Staff
- October 1, 2009 October 1, 2009
- 14:51