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| Home : Norrep Short Duration 2013 Flow-Through Limited Partnership Raises $8,162,320 in Second Closing |
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May 10
2013 |
Norrep Short Duration 2013 Flow-Through Limited Partnership Raises $8,162,320 in Second Closing |
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CALGARY, ALBERTA--(Marketwired - May 9, 2013) - Hesperian Capital Management Ltd. announced today that Norrep Short Duration 2013 Flow-Through Limited Partnership (the "Partnership") has completed the second closing of its initial public offering of limited partnership units ("Partnership Units"). The Partnership issued 816,232 Partnership Units at $10.00 per Partnership Unit for gross proceeds of $8,162,320. In combination with the first closing, which occurred on April 9, 2013, the Partnership has issued an aggregate of 2,335,173 Partnership Units at $10.00 per Partnership Unit for aggregate gross proceeds of $23,351,730. The next closing of the offering is scheduled to occur on or about May 31, 2013. The offering was led by BMO Capital Markets and included CIBC, National Bank Financial Inc., TD Securities Inc., GMP Securities L.P., Canaccord Genuity Corp., Dundee Securities Ltd., Macquarie Private Wealth Inc. and Raymond James Ltd. (collectively, the "Agents"). |
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| Source:http://www.marketwire.com/mw/release.do?id=1789162&sourceType=3 |
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