On April 21, 2011, Creststreet completed the final closing for its initial public offering of units of the Creststreet 2011 Flow-Through Limited Partnership at $10.00 per unit, raising an aggregate of $12,246,500. The Partnership has a dual-class structure that allows investors the opportunity to select between a National Class portfolio and a Quebec Class portfolio, each with its own investment objectives and provincial tax deductions. Net proceeds of the offering will be invested in flow-through shares of Canadian resource companies primarily engaged in exploration and development. Creststreet will invest in flow-through shares that: (i) represent good value in relation to the market price and intrinsic value of the resource company's shares; (ii) have experienced and senior management; (iii) have a strong exploration or development program or renewable energy project in place; and (iv) offer the potential for future growth. The offering was made through a syndicate of investment dealers led by Scotia Capital Inc. and which included CIBC World Markets Inc., National Bank Financial Inc., BMO Nesbitt Burns Inc., Dundee Securities Ltd., HSBC Securities (Canada) Inc., Canaccord Genuity Corp., GMP Securities L.P., Raymond James Ltd., Wellington West Capital Markets Inc., Desjardins Securities Inc., Industrial Alliance Securities Inc., Manulife Securities Incorporated and Union Securities Ltd. The investment dealers were advised by Fasken Martineau with a team that included Anil Aggarwal and Daniel Fuke (securities) and William Bies and Claude Jodoin (tax), assisted by student-at-law Dev Singh.