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Ninepoint Partners Announces Final Close of 2024 Short Duration Flow-Through Limited Partnership II Capital Raise

Oct 17, 2024over 1 year ago

Contract Type

partnership

TorontoFinancial ServicesInvestment Management

Description

Ninepoint Partners LP is pleased to announce the final close of the Ninepoint 2024 Short Duration Flow-Through Limited Partnership II. The Partnership has completed the second and final closing after reaching the maximum deal size, raising $12,290,500 on the sale of an additional 491,620 Units for aggregate gross proceeds of $24,997,900. The Partnership's investment objective is to achieve capital appreciation and significant tax benefits for limited partners by investing in a diversified portfolio of Flow-Through Shares and other securities of Resource Issuers.

Company Information

Company

Ninepoint Partners

Location

200 Bay Street

Toronto, Ontario, Canada

About

At the second annual Alt Thinking Global Investment Forum in Toronto, September 20, 2023, Ninepoint hosted over 400 of Canada’s top financial advisors… Top minds from alternative investing and business converge to present an educational forum exploring the latest thinking on asset allocation and its i…

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