On January 30, 2013, MINT Income Fund ("MINT") announced the closing of a rights offering raising gross proceeds of $33,971,931, being the maximum permitted under the offering. Unitholders of MINT received one right for each unit held, with three rights entitling a holder to purchase one unit of MINT at the $9.00 subscription price. MINT was advised by Fasken Martineau with a team led by Stephen Erlichman, John Sabetti, Daniel Fuke, Will Shaw (Securities) and Mitchell Thaw (Tax).