By Sheri Kasprzak
New York, Dec. 19 - Accretive Flow-Through (2005) LP said it completed its previously announced private placement for C$1.7 million.
The company sold 340,000 class E limited partnership units at C$5.00 each.
Blackmont Capital Inc. was the placement agent.
The deal was first announced Dec. 9 as a C$1.75 million offering of up to 350,000 limited partnership units under the same terms.
Proceeds will be used for investments in shares of resource issuers engaged in oil and natural gas exploration.
Based in Calgary, Alta., Accretive is a fund that invests in natural resources companies.
| Issuer: | Accretive Flow-Through (2005) LP
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| Issue: | Class E limited partnership units
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| Amount: | C$1.7 million
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| Units: | 340,000
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| Price: | C$5.00
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| Warrants: | No
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| Placement agent: | Blackmont Capital Inc.
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| Pricing date: | Dec. 9
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| Settlement date: | Dec. 19
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