CMP 2012 Resource Completes IPO

CMP 2012 Resource Limited Partnership (the “Partnership”) announced the completion of its initial public offering of limited partnership units (the “Units”). The Partnership, which made the offering available in all provinces and territories in Canada, sold 100,000 Units pursuant to its initial public offering at $1,000 per Unit for gross proceeds of $100,000,000. The Partnership is managed by Dundee Securities Ltd. and sub-advised by Ned Goodman Investment Counsel Limited (“NGIC”).

The offering was made through a syndicate of agents, which was led by RBC Capital Markets and CIBC and included Dun-dee Securities Ltd, Scotia Capital Inc., BMO Capital Markets, National Bank Financial Inc., TD Securities Inc., Canaccord Genuity Corp., Desjardins Securities Inc., GMP Securities L.P., HSBC Securities (Canada) Inc., Macquarie Capital Markets Canada Ltd., Manulife Securities Incorporated and Raymond James Ltd.

CMP is a pioneer in flow-through investing, with a history dating back to when flow-through shares were first introduced by the federal government. Since its creation in 1984, CMP has successfully raised and invested over $2.8 billion in companies active in exploration and development efforts across Canada.

When combined with the flowthrough limited partnerships of Canada Dominion, the two form the largest flow-through in-vesting platform in Canada, raising a combined total of more than $4.1 billion in assets throughout their history.

Dundee Securities is a full-service Canadian investment dealer with offices in Toronto, Montréal, Vancouver, Calgary and London, England, and whose principal businesses include investment banking, mergers and acquisitions, institutional sales and trading, investment, research, private client financial advisory and management of investment products.

Dundee Securities focuses on specific sectors, namely, resources, real estate, infrastructure, agriculture and other special situations. Dundee Securities is the asset manager of the CMP and Canada Dominion Resources flowthrough limited partnerships as well as CMP Gold Trust. Dundee Securities is an indirect wholly owned subsidiary of Dundee Corporation.

The agents were represented by Fraser Milner Casgrain LLP with a team that included Abbas Ali Khan and Ali Naushahi (securities) and Zahra Nurmohamed (tax). The issuer was represented by Stikeman Elliott LLP with a team that included Darin Renton and Monique Alicandri (securities) and Jill Winton and John Lorito (tax).

In the “Big Deals” entry, “CMP 2012 Resources Completes IPO” (July/August 2012, p. 30) Fraser Milner Casgrain's team was incorrectly referenced. The corrected text is:

The agents were represented by Fraser Milner Casgrain LLP with a team that included Abbas Ali Khan, Tiffany Canzano and Justin Park (securities) and Zahra Nurmohamed (tax).

Lawyer(s)

John G. Lorito Jill Winton Darin R. Renton Justin Park Zahra Nurmohamed Abbas Ali Khan