MINT Income Fund Closes $134M Exchange and Cash Offering

On February 26, 2010, MINT Income Fund (TSX: MID.UN) closed its exchange and cash offering of MINT units, raising gross proceeds of $134 million.Canaccord Financial Ltd. and Middlefield Capital Corporation acted as dealer managers in connection with the offering.

Fasken Martineau DuMoulin LLP advised MINT Income Fund and its manager, Middlefield Limited, in this transaction with a team that included Stephen Erlichman, John Sabetti, Daniel Fuke and Laura Fetter (securities) and William Bies and Mitchell Thaw (tax).

Blake, Cassels & Graydon LLP advised the dealer managers, namely Canaccord Financial Ltd. and Middlefield Capital Corporation, with a team that included Anoop Dogra and David Palumbo (securities) and Ron Richler and Edward Miller (tax).