On November 25, 2010, Creststreet announced that it had completed the final closing for its initial public offering of units of the Creststreet 2010 Flow-Through Limited Partnership at $10.00 per unit, raising an aggregate of $24,291,420.00 million.

The offering is the first flow-through limited partnership fund in Canada featuring a dual-class structure to allow investors the opportunity to select between a National Class portfolio and a Quebec Class portfolio, each with its own investment objectives and provincial tax deductions.

The offering is being made through a syndicate of investment dealers led by Scotia Capital Inc. and includes BMO Nesbitt Burns Inc., CIBC World Markets Inc., Desjardins Securities Inc., National Bank Financial Inc., Dundee Securities Corporation, GMP Securities L.P., HSBC Securities (Canada) Inc., Canaccord Genuity Corp., Wellington West Capital Markets Canada Inc., Industrial Alliance Securities Inc., Laurentian Bank Securities Inc., Raymond James Ltd. and Macquarie Capital Markets Canada Ltd.

The investment dealers were advised by Fasken Martineau with a team that included Anil Aggarwal, Daniel Fuke and Jennifer Armstrong (securities) and William Bies and Claude Jodoin (tax) assisted by student-at-law Dev Singh.