On July 5, 2007, the frontierAlt Mining 2005 Flow-Through Limited Partnership rolled-over into the frontierAlt Resource Capital Class Fund. (FundServ code: FIM174). At the time of roll-over the unit price of the LP was valued at $10.00. These units were converted to units of the frontierAlt Resource Capital Class Fund at a price of $10.00 per unit. The ACB for the limited partnership is $9.41.

To encourage investment in resource-based companies, the federal and provincial governments of Canada have created flow-through investments.  An investment in a typical flow-through limited partnership provides investors with an interest in a diversified portfolio of Canadian resource companies and an income tax deduction of up to 100% in the year the investment is made.

Investors in flow-through shares are allowed to deduct 100%, for tax purposes, of the expenses (known as Canadian Exploration Expenses) of the resource companies in which they invest.  Flow-through investments in mining companies, involved in "grass-roots" exploration, offer an additional 15% in federal tax credits.

The frontierAlt Mining 2005 Flow-Through Limited Partnership brings together a collection of seasoned and experienced professionals in the mining industry.  The objective is to provide investors with tax-advantaged capital appreciation by investing in a diversified portfolio of companies engaged in exploration and development of natural resources in the mining sector.   Having a multi tier due diligence process ensures investors are getting the best flow-through opportunities available.

Paget Warner, Vice President, Wickham Investment Counsel Inc.

Paget Warner, Vice-President, Wickham Investment Counsel will serve as Portfolio Manager.  He has spent close to three decades in the investment industry.  Mr. Warner was Vice President and Portfolio Manager at Scotia Cassels Investment Counsel.  Mr. Warner managed various Scotia small and large cap funds, including the billion-dollar flagship Scotia Canadian Dividend Fund.  Mr. Warner also spent 16 years at National Trust Company, where his primary focus was research and analysis, and portfolio management, in the mining sector.

Watts, Griffis & McOuat

Watts, Griffis & McOuat (WGM) will serve as the industry consultant.  They have over 40 years experience evaluating mining companies and projects for governments and large institutional investors in more than 120 countries. WGM has a staff of over 40 geologists, mining engineers and metallurgical engineers, along with specialists in geomatics, valuations, economic analysis and GIS.  WGM has expertise in every aspect of the mining industry, from regional exploration programs through mine development.

Horst Mueller, President, Mueller Behavioural Analytics

Horst Mueller will serve as a technical advisor to the portfolio manager.  Horst is a former Director of Institutional Equities at CIBC World Markets where he was highly ranked for over 20 years by the institutional ranking surveys.  Horst is a founding Director of the Canadian Society of Technical Analysis and past board member of the International Federation of Technical Analysis. Mueller Behavioural Analytics Inc is a private company, which provides effective, results driven research to a limited group of sophisticated institutional clients. The research specializes in the timing of both short and long term trends in all aspects of Interest Rates, Currencies, Bonds, Equities, Commodities (including hedging) and Foreign Markets.

Tax savings

• Investors receive a substantial income tax deduction in the year that you invest.
• Investors receive an additional 15% federal tax credit for any investments made in mining companies involved in “grass roots” exploration

Downside protection

• The immediate tax savings of a flow-through investment effectively reduces the amount of investment capital actually at risk.

Attractive Mining Sector

 

• Global and economic environments provide significant opportunities for attractive investments in the Canadian mining industry.