Front Street Flow Through 2007 L.P.

The Partnerships' investment objectives are to achieve capital appreciation through investment in a diversified portfolio of equity securities of Resource Issuers engaged in oil and gas or mining exploration, development or production of energy production that will incur Canadian Exploration Expenses ("CEE"), including Canadian Renewable and Conservation Expenses ("CRCE") resulting in 100% tax deductability of the investment.

The Investment Advisor and the General Partner will assist the Partnerships in selecting investments in flow-through shares and other securities of Resource Issuers, in accordance with the investment strategies and guidelines outlined herein, with the objective of achieving capital appreciation for Limited Partners.