NCE Diversified Flow-Through (14) Limited Partnership completed its initial public offering, raising total gross proceeds of approximately $74 million.
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, and Norton Rose Fulbright Canada LLP with a team led by Marvin Singer and that included Robert Eberschlag and Janet Wong (corporate and securities); Mike Moher and Elizabeth Cai (banking), Ryan Shewchuk, Brian Milne and Sébastien Gingras (tax).
The agents were represented by Blake, Cassels & Graydon LLP with a team including Stacy McLean and Amanda Lazier (corporate and securities); and Kevin Zimka, John Leopardi and Josh Jones (tax).