On September 23, 2010, Pathway Quebec Mining 2010-II Flow-Through Limited Partnership filed a prospectus for the issue of limited partnership units (maximum $15 million and minimum $5 million offering) the proceeds of which will be used to acquire flow-through shares in companies involved in mineral exploration primarily in the province of Québec. The limited partnership was incorporated under the laws of Ontario.
Serge Gloutnay of Fasken Martineau acted as special Québec tax counsel to the Partnership and drafted the Québec income tax considerations contained in the prospectus.