Business News • MarketWire • Stone 2010 Flow-Through Limited Partnership Closes Offering, Raises $11,871,050 |
Stone 2010 Flow-Through Limited Partnership Closes Offering, Raises $11,871,050 |
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Stone 2010 Flow-Through Limited Partnership Closes Offering, Raises $11,871,050
TORONTO, ONTARIO--(Marketwire - May 27, 2010) - Stone 2010 Flow-Through GP Inc. is pleased to announce that it has completed its second closing of the initial public offering of Stone 2010 Flow-Through Limited Partnership (the "Partnership") raising proceeds of $2,813,900, representing 112,556 units of the Partnership, at $25 per Unit. The Partnership raised total gross proceeds of $11,871,050.
The Partnership will invest primarily in flow-through shares of resource issuers engaged in oil and gas and mineral exploration in Canada with a view to the preservation of capital and achieving capital appreciation of the Partnership's investments. Stone Asset Management Limited will act as portfolio manager to the Partnership and will, prior to December 31, 2010, endeavour to invest all proceeds available for investment primarily in flow-through shares of resource is
View More : http://www.marketwire.com/mw/release.do?id=1267706&sourceType=3
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