Mavrix Fund Management Inc. has filed a preliminary prospectus for the Mavrix Explore 2009 – II FT Limited Partnership, the company announced on Friday.
Mavrix is the manager and portfolio advisor of the partnership, which will primarily invest in flow-through shares of resource issuers engaged in mineral or oil and gas exploration in Canada. It will focus on companies in the intermediate and junior resource sector with advanced exploration programs.
The partnership will aim to maximize the tax benefit of an investment in the partnership’s units, while preserving capital and achieving capital appreciation for limited partners.
The maximum size of the offering is $25 million.
The syndicate for the offering is being led by Dundee Securities Corporation. Other members include BMO Nesbitt Burns Inc., CIBC World Markets Inc., Canaccord Capital Corporation, Scotia Capital Inc., Raymond James Ltd., Blackmont Capital Inc., Desjardins Securities Inc., GMP Securities L.P., M Partners Inc., Wellington West Capital Markets Inc., Industrial Alliance Securities Inc., Queensbury Securities Inc. and Research Capital Corporation.
Mavrix filed a preliminary prospectus for the partnership with securities regulators in each province.
Mavrix files preliminary prospectus for new LP
Mavrix Explore 2009 – II FT LP to invest in mineral, oil and gas exploration companies
- By: IE Staff
- September 4, 2009 September 4, 2009
- 13:47