On April 30, 2007, Northern Precious Metals 2007 Limited Partnership filed a prospectus for the issue of limited partnership units for (maximum $15 million and minimum $1.2 million offering) the proceeds of which were used to acquire flow-through shares in companies involved in mining or oil exploration.
The limited partnership was incorporated under the laws of Québec for the sole purpose of acquiring flow-through shares and other securities in companies involved in mining and oil exploration.