Discovery 2014 Flow-Through Limited Partnership Raises Maximum $30 million

On September 17, 2014, Discovery 2014 Flow-Through Limited Partnership (the “Partnership”) completed an initial public offering of transferable limited partnership units (“Units”) at a price of $25.00 per Unit for gross proceeds of $30 million, the maximum permitted under the prospectus. 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., CIBC World Markets Inc. and Scotia Capital Inc. and included BMO Nesbitt Burns Inc., National Bank Financial Inc., TD Securities Inc., GMP Securities L.P., Manulife Securities Incorporated, Canaccord Genuity Corp., Middlefield Capital Corporation and Raymond James Ltd. The Partnership and its manager, Middlefield Limited, were advised by a team from Fasken Martineau consisting of Stephen Erlichman, John Sabetti, Daniel Fuke and Dylan Chochla (Securities) and Mitchell Thaw (Tax).