FrontierAlt Capital Corp. today announce that frontierAlt 2008 Precious Metals & Energy Flow-Through Limited Partnership has filed the final prospectus for the initial public offering of up to a maximum of 1.6 million limited partnership units of
the partnership at a price of $25 per unit.

It is anticipated that the initial closing of the offering will be on or about March 13, 2008.

FrontierAlt says the partnership will invest primarily in flow-through shares of select precious metals issuers, energy issuers and other resource issuers that are considered by the portfolio manager of the partnership to represent good value in relation to the market price of the precious metal issuer’s, energy issuer’s or other resource issuer’s shares, have experienced and capable senior management, have a strong exploration program in place, and offer
potential for future growth.

The partnership’s investment objectives are to
achieve capital appreciation, and maximize tax benefits for investors. The general partner intends to invest all proceeds available for investment such
that limited partners with sufficient income will be entitled to claim certain deductions from income for income tax purposes for the 2008 taxation year and may be entitled to certain investment tax credits deductible from tax payable.

The partnership has retained Caldwell Investment Management Ltd. to act as portfolio manager to select flow-through shares and other investments. Caldwell is an affiliate of Caldwell Securities Ltd. Together, the two Caldwell firms manage or provide investment advice on over $1 billion of client assets.

Caldwell Investment Management Ltd. will retain the services of Southampton Associates Inc. and AJM Petroleum Consultants to provide it with industry expertise and due diligence services respecting mineral and oil and gas companies, respectively.

A syndicate of agents for the offering is being led by CIBC World Markets Inc., and includes BMO Capital Markets, Dundee Securities Corp., National Bank Financial Inc., Scotia Capital Inc., TD Securities Inc., Canaccord Adams, Raymond James Ltd., Berkshire Securities Inc., Blackmont Capital Inc., HSBC Securities (Canada) Inc., Richardson Partners Financial Ltd. and Wellington West Capital Inc.