Discovery 2013 Flow-Through Limited Partnership initial public offering - Maximum $25,000,000

CALGARY, Sept. 11, 2013 /CNW/ - Middlefield Group, on behalf of Discovery 2013 Flow-Through Limited Partnership ("Discovery" or the "Partnership"), is pleased to announce that it has filed a preliminary prospectus relating to the initial public offering of Discovery 2013 units. The offering will be made in each of the provinces and territories of Canada.

The objectives of the Partnership are to provide investors with capital appreciation and significant tax benefits to enhance after-tax returns, including the deductibility of 100% of their original investment. The Partnership intends to achieve these objectives by investing in an actively managed, diversified portfolio of equity securities, comprised primarily of flow-through common shares, of Canadian exploration, development and production companies involved primarily in mining and supplemented by companies operating in the oil and gas sector.

Middlefield Limited is the General Partner and Manger of the Partnership and Middlefield Capital Corporation will be retained as the Portfolio Advisor to the Partnership.

The syndicate of agents for the offering is being co-led by RBC Capital Markets and CIBC World Markets Inc., and includes Scotiabank, BMO Capital Markets, National Bank Financial Inc., TD Securities Inc., Manulife Securities Incorporated, Canaccord Genuity Corp., GMP Securities L.P., Macquarie Private Wealth Inc., Middlefield Capital Corporation, Dundee Securities Ltd. and Raymond James Ltd.

A preliminary prospectus containing important information relating to these securities has been filed with securities commissions or similar authorities in each of the provinces and territories of Canada.  The preliminary prospectus is still subject to completion or amendment. Copies of the preliminary prospectus may be obtained from members of the syndicate of agents listed above or from your IIROC registered financial advisor using the contact information for such agent or IIROC advisor. There will not be any sale or any acceptance of an offer to buy the securities until a receipt for the final prospectus has been issued.

 

SOURCE: Discovery 2013 Flow-Through Limited Partnership

please visit our website at www.middlefield.com or contact Nancy Tham, Managing Director, Sales and Marketing, at 416.847.5349 or 1.888.890.1868.