| | Mon Sep 18, 2006
Canadian Small Cap Resource Fund 2006 No. 2 Limited Partnership Files Preliminary Prospectus
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| | Vancouver, BC September 18, 2006 Canadian Small Cap Resource Fund 2006 No. 2 Limited Partnership ("CSCRF 2006"), announces that it has filed a preliminary prospectus relating to the initial public offering of units of CSCRF 2006 (the "Units"). The CSCRF 2006 offering is being made on a commercially reasonable efforts agency basis by a syndicate led by Blackmont Capital Inc. and including IPC Securities Inc., Raymond James Financial, Inc., Union Securities Ltd., Berkshire Securities Inc. and Pacific International Securities Inc. The offering will be made available in Nova Scotia, Ontario, Manitoba, Saskatchewan, Alberta and British Columbia.
The offering will be for a maximum of $15,000,000 and a minimum of $3,000,000. The Units will be priced at $10.00 per Unit, with a minimum subscription of 250 Units ($2,500).
The investment objective of the CSCRF 2006 is to invest in flow-through shares of junior and small cap resource issuers engaged in mineral or oil and gas exploration in Canada, with a view to maximizing the tax benefit of an investment in Units. It is expected that substantially all of the investment in the Units will be fully tax deductible in 2006.
Investments will be made with the intent to create a diversified portfolio of mineral and oil and gas exploration companies. The General Partner's investment strategy is to invest in flow-through shares of resource issuers that it considers to represent good value, have experienced and capable senior management, have a strong exploration program in place and offer potential for future growth.
Further information on CSCRF 2006 and a copy of the preliminary prospectus may be obtained from any member of the offering syndicate. Details on our previous offerings together with information on our portfolios may be obtained from our website, www.cscrf.ca.
This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these securities in any jurisdiction in which such offer, soliciation or sale would be unlawful prior to the qualification under the securities law of such jurisdiction.
NOT FOR DISTRIBUTION IN THE UNITED STATES OR UNITED STATES WIRE SERVICES
On the behalf of the General Partner:
Stephen Wilkinson
Chief Executive Officer
888-350-8818 |
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| | You can view the Next CSCRF Corporate News item: Wed Dec 13, 2006, Canadian Small Cap Resource Fund 2006 No. 2 Limited Partnership ("the Partnership") Final Closing of Partnership Offering -- $4.5 Million Raised For Flow-Through Investments
You can view the Previous CSCRF Corporate News item: Tue Jul 25, 2006, $7.6 Million Raised For Flow-Through Investments
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