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Client Work

Creststreet 2009 Limited Partnership completes flow-through fund offering

Fasken
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Client

Confidential Client

On November 30, 2009, Creststreet announced that it had completed the final closing for its initial public offering of units of Creststreet 2009 Limited Partnership raising an aggregate of $8,387,800 for investment in flow-through shares of resource companies engaged primarily in oil and natural gas exploration and development in Canada. The initial closing of the Partnership on November 10 raised an aggregate of $5 million. The offering was made through a syndicate of investment dealers led by Scotia Capital Inc. and included: BMO Nesbitt Burns Inc., CIBC World Markets Inc., National Bank Financial Inc., HSBC Securities (Canada) Inc., Canaccord Capital Corporation, GMP Securities L.P., Raymond James Ltd., Macquarie Capital Markets Canada Ltd. and Wellington West Capital Markets Inc.The investment dealers were advised by a team from Fasken Martineau that included Anil Aggarwal, Daniel Fuke and Mitchell Thaw (tax).

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