(Toronto, Ontario, February 13, 2007) – Front Street Capital, announced that it has completed the offering of Front Street Flow-Through 2007-I Limited Partnership units, raising a total of $150,000,000 for investments in flow-through shares of Canadian resource companies and other permitted investments. Front Street focuses on companies engaged in oil and gas or mining exploration, development or production. Investors expect to receive tax deductions on the amount invested for the 2007 taxation year.
The offerings were made through a syndicate of investment dealers, co-led by National Bank Financial Inc. and CIBC World Markets Inc., which included BMO Nesbitt Burns Inc., RBC Capital Markets, Canaccord Capital Corporation, Scotia Capital Inc., TD Securities Inc., Tuscarora Capital Inc., Raymond James Ltd., Richardson Partners Financial Ltd., HSBC Securities (Canada) Inc. and MGI Securities Inc..
For further information, please contact:
Front Street Capital 2004
Investor Relations 1-800-513-2832
advisorservice@frontstreetcapital.com