On November 28, 2017, a syndicate of agents led by RBC Dominion Securities Inc. completed the second and final closing of Discovery 2017 Flow-Through Limited Partnership (the “Partnership”) for aggregate gross proceeds of approximately $12.4 million.
The syndicate of agents was co-led by RBC Dominion Securities Inc. and CIBC World Markets Inc. and included Scotiabank, BMO Nesbitt Burns Inc., National Bank Financial Inc., TD Securities Inc., GMP Securities L.P., Manulife Securities Incorporated, Canaccord Genuity Corp., Middlefield Capital Corporation, Echelon Wealth Partners Inc., Industrial Alliance Securities Inc. and Raymond James Ltd.
The objectives of the Partnership are to provide investors with capital appreciation and significant tax benefits to enhance after-tax returns to limited partners, including the deductibility of 100% of their original investment. The Partnership intends to achieve these objectives by investing in an actively managed, diversified portfolio comprised primarily of equity securities of Canadian exploration, development and production companies involved primarily in the mining and oil and gas sectors.
Fasken advised the syndicate of agents with a team that consisted of Stephen Erlichman and Daniel Fuke (Securities) and Mitchell Thaw (Tax).
The syndicate of agents was co-led by RBC Dominion Securities Inc. and CIBC World Markets Inc. and included Scotiabank, BMO Nesbitt Burns Inc., National Bank Financial Inc., TD Securities Inc., GMP Securities L.P., Manulife Securities Incorporated, Canaccord Genuity Corp., Middlefield Capital Corporation, Echelon Wealth Partners Inc., Industrial Alliance Securities Inc. and Raymond James Ltd.
The objectives of the Partnership are to provide investors with capital appreciation and significant tax benefits to enhance after-tax returns to limited partners, including the deductibility of 100% of their original investment. The Partnership intends to achieve these objectives by investing in an actively managed, diversified portfolio comprised primarily of equity securities of Canadian exploration, development and production companies involved primarily in the mining and oil and gas sectors.
Fasken advised the syndicate of agents with a team that consisted of Stephen Erlichman and Daniel Fuke (Securities) and Mitchell Thaw (Tax).
