Front Street Capital has completed a first closing of the Front Street Flow-Through 2009-I Limited Partnership units offering, the company announced Thursday.
The offering raised a total of $30,196,350 for investments in flow-through shares of Canadian resource companies and other permitted investments.
Front Street focuses on companies engaged in oil and gas or mining exploration, development or production. Investors expect to receive tax deductions on the amount invested for the 2009 taxation year.
The offering was made through a syndicate of investment dealers, co-led by National Bank Financial Inc. and CIBC World Markets Inc., which included BMO Nesbitt Burns Inc., RBC Capital Markets, Scotia Capital Inc., TD Securities Inc., Canaccord Capital Corporation, Dundee Securities Corporation, Raymond James Ltd., Tuscarora Capital Inc., Blackmont Capital Inc., GMP Securities L.P., HSBC Securities (Canada) Inc., Richardson Partners Financial Ltd. and Wellington West Capital Markets Inc.
IE
Front Street completes first closing of flow-through LP offering
- By: IE Staff
- February 26, 2009 February 26, 2009
- 20:08
IE Staff