Middlefield Group announced today that it has completed the first closing of the initial public offering of MRF 2006 Resource Limited Partnership (MRF 2006) units for $112.7 million.
The offering is being made in each of the provinces of Canada and the Yukon Territory. The partnership will have a final closing on or before March 31, 2006.
The partnership intends to investing in a diversified portfolio of flow-through common shares of companies involved primarily in Canadian oil and gas, mining or renewable energy exploration, development and production.
The syndicate of agents for the offering is being co-led by CIBC World Markets Inc. and RBC Capital Markets, and includes BMO Nesbitt Burns Inc., National Bank Financial Inc., Scotia Capital Inc., TD Securities Inc., Berkshire Securities Inc., Canaccord Capital Corp., Dundee Securities Corp., HSBC Securities (Canada) Inc., Raymond James Ltd., Wellington West Capital Inc., Blackmont Capital Inc., Desjardins Securities Inc., Haywood Securities Inc., Middlefield Capital Corp. and Research Capital Corp.
Since 1983, Middlefield Group has sponsored 36 public and private funds and has acted as agent or manager for over $1.4 billion of resource investments.
MRF 2006 Resource L.P. completes first phase of IPO
Final closing of $125 million offering by March 31
- By: IE Staff
- February 28, 2006 February 28, 2006
- 15:45
IE Staff