NCE Diversified Flow-Through (14) Limited Partnership completes initial public offering

April 25, 2014

Client: NCE Diversified Flow-Through (14) Limited Partnership

On April 25, 2014, NCE Diversified Flow-Through (14) Limited Partnership completed its initial public offering, raising total gross proceeds of $74,117,425. The partnership was created for the purpose of investing in flow-through shares of resource companies in the oil and gas, mineral and renewable energy sectors.

The syndicate of agents was co-led by RBC Capital Markets and CIBC, and included National Bank Financial Inc., BMO Capital Markets, Scotiabank, TD Securities Inc., Canaccord Genuity Corp., GMP Securities L.P., Manulife Securities Incorporated, Desjardins Securities Inc., Raymond James Ltd., Burgeonvest Bick Securities Limited, Dundee Securities Ltd., Laurentian Bank Securities, Inc. and Mackie Research Capital Corporation.

The partnership was represented by Ryan Caughey, general counsel with the partnership, and a team from Norton Rose Fulbright Canada LLP included Mike Moher, Brian Milne and Sébastien Gingras (tax).