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TORONTO, Sept. 20, 2024 (GLOBE NEWSWIRE) — Middlefield, on behalf of Discovery 2024 Short Duration LP (“Discovery 2024” or the “Partnership”), is pleased to announce that it has filed a final prospectus related to the initial public offering of Discovery 2024 Class A and Class A units. F. The offering is made in each province of Canada. Closing is scheduled for October 16, 2024.
The Partnership’s objectives are to provide investors with value for money and significant tax benefits to enhance the after-tax return of limited partners, including a 100% deduction of their initial capital. The Partnership aims to achieve these objectives by investing in an actively managed, diversified portfolio consisting primarily of equity securities of Canadian gold mining companies.
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Middlefield is a leading provider of flow-through equity funds in Canada and has a strong track record of delivering positive after-tax returns. Since 1983, Middlefield has sponsored 69 public and private equity financings and acted as agent or manager of over $2.5 billion in resource investments.
The syndicate of agents for the offering is led jointly by RBC Capital Markets and CIBC Capital Markets and includes BMO Nesbitt Burns Inc., National Bank Financial Inc., Scotia Capital Inc., TD Securities Inc., Richardson Wealth Limited, Manulife Wealth. Inc., iA Private Wealth Inc., Canaccord Genuity Corp., Raymond James Ltd., Ventum Financial Corp., and Wellington-Altus Private Wealth Inc.
For more information, please visit our website at www.middlefield.com or contact Nancy Tham in our Sales and Marketing Department at 1.888.890.1868.
This offering is made only by prospectus. The prospectus contains important detailed information about the securities being offered. Copies of the prospectus can be obtained from your CIRO-registered financial adviser using that adviser’s contact details. Investors should read the prospectus before making an investment decision.
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