Sprott 2013 Flow-Through Limited Partnership Announces Rollover and Dissolution
TORONTO, January 7, 2015- Sprott 2013 Flow-Through Limited Partnership (the "Partnership") announced that it will be proceeding with the tax-deferred transfer of the assets of the Partnership (the "Mutual Fund Rollover Transaction") into Sprott Resource Class of Sprott Corporate Class Inc. The transaction will take place on or about January 26, 2015 after the close of business. In exchange for the assets, Series A shares of Sprott Resource Class will be issued to the Partnership and then distributed to individual limited partners on a dollar equivalent basis. The Partnership will be dissolved on or about January 27, 2015.
Sprott Resource Class' investment objective is to seek to achieve long-term capital growth by investing primarily in equity and equity-related securities of companies in Canada and around the world that are involved directly or indirectly in the natural resource sector. Resource specialists Paul Wong and Jason Mayer are the lead portfolio managers on the Fund and are also supported by Sprott's team of resource experts.
For investors looking for another tax-advantaged investment, Sprott has filed a preliminary prospectus dated December 29, 2014 offering units of a new flow-through limited partnership, Sprott 2015 Flow-Through Limited Partnership. This limited-time offering is expected to provide investors with a 100% tax deduction for their investment. Information about the Sprott 2015 Flow-Through Limited Partnership is available through a syndicate of underwriters or by contacting us directly at 1-866-299-9906 or firstname.lastname@example.org. A copy of the preliminary prospectus for Sprott 2015 Flow-Through Limited Partnership can be found under Sprott 2015 Flow-Through Limited Partnership's SEDAR profile at www.sedar.com. The preliminary prospectus is still subject to completion or amendment. There will not be any sale or any acceptance of an offer to buy the securities offered by Sprott 2015 Flow-Through Limited Partnership until a receipt for the final prospectus has been issued.
Sprott Asset Management LP is a leading independent asset management company headquartered in Toronto, Canada. The company manages the Sprott family of mutual funds, hedge funds, physical bullion funds, specialty products and discretionary managed accounts. Sprott is dedicated to achieving superior returns for its investors over the long term. To learn more, please visit us at www.sprott.com.
Commissions, trailing commissions, management fees and expenses all may be associated with mutual fund investments. Please read the prospectus of the relevant Fund before investing. Mutual funds are not guaranteed, their values change frequently and past performance may not be repeated. The information contained herein does not constitute an offer or solicitation to anyone in the United States or in any other jurisdiction in which such an offer or solicitation is not authorized or to any person to whom it is unlawful to make such an offer or solicitation. Prospective investors should consult their financial advisor to determine if such Funds may be sold in their jurisdiction.