Date Closed

February 28, 2008

Lead Office

Toronto

Value

110.00 Million CAD

On February 28, 2008, Front Street Flow-Through 2008-I Limited Partnership completed the public offering of over C$110 million of transferable limited partnership units. The offering was made through a syndicate of investment dealers, co-led by National Bank Financial Inc. and CIBC World Markets Inc., which included BMO Nesbitt Burns Inc., RBC Capital Markets, Canaccord Capital Corporation, Scotia Capital Inc., TD Securities Inc., Richardson Partners Financial Ltd., Tuscarora Capital Inc., Raymond James Ltd. and MGI Securities Inc. The units were issued to the public at a price of C$25.00 per unit.

McCarthy Tétrault LLP advised the underwriters with a team led by Michael Nicholas.