On November 15, 2012, Discovery 2012 Flow-Through Limited Partnership completed the third and final tranche of its initial public offering of Units, bringing total gross proceeds raised under 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 Capital Markets and CIBC and included Scotiabank, BMO Capital Markets, National Bank Financial Inc., TD Securities Inc., Manulife Securities Incorporated, GMP Securities L.P., Macquarie Private Wealth Inc., Canaccord Genuity Corp., Middlefield Capital Corporation, Raymond James Ltd. and Dundee Securities Ltd. Fasken Martineau advised Discovery and its manager, Middlefield Limited, in this transaction with a team that included Stephen Erlichman, John Sabetti, Daniel Fuke, Will Shaw (Securities) and Mitchell Thaw (Tax).