Skip to main content

PLEASE NOTE: For everyone’s safety, Fasken recommends anyone on-site at our Canadian offices be familiar with the COVID-19 recommendations in place which may include one or more of the following: social distancing, hand sanitizing, wearing a mask in common areas and proof of full vaccination. These measures apply to lawyers, staff, clients, service providers and other visitors.

Client Work

Discovery 2010 Flow-Through completes US$50 million IPO

Reading Time 1 minute read Subscribe



Discovery 2010 Flow-Through Limited Partnership

On November 25, 2010, Discovery 2010 Flow-Through Limited Partnership completed the third and final tranche of its initial public offering of Units, bringing total gross proceeds raised the offering to $50 million. The offering was made in each of the provinces and territories of Canada. The syndicate of agents for the offering was co-led by RBC Dominion Securities Inc. and CIBC World Markets Inc., and included BMO Nesbitt Burns Inc., National Bank Financial Inc., Scotia Capital Inc., TD Securities Inc., Dundee Securities Corporation, Manulife Securities Incorporated, Canaccord Genuity Corp., HSBC Securities (Canada) Inc., Middlefield Capital Corporation, Macquarie Private Wealth Inc., GMP Securities L.P., Wellington West Capital Markets Inc., Raymond James Ltd. and Desjardins Securities Inc. Fasken Martineau advised Discovery and its manager, Middlefield Limited, in this transaction with a team that included Stephen Erlichman, John Sabetti and Daniel Fuke (securities), Marc Lefler (banking), and Mitchell Thaw (tax).



    Receive email updates from our team