- Canadian Exploration Expense allows for 100% deduction for tax purposes
- Tax credits can be carried back 3 years
- Tax credits can be carried forward 7 years
- Offerings are backed by an unqualified legal opinion from the legal firm Bennett Jones
Information from the Issuer:
Super Flow Through Shares
MineralFields “Super” Investment Highlights
MineralFields “Super” Flow-Through Limited Partnerships have been organized to invest in “super” flow-through shares with the objective of achieving capital appreciation for limited partners. The Partnerships have been designed to provide investors with several important benefits:
Natural resources remain one of the few remaining legal tax shelters in Canada. MineralFields “Super” Flow-Through Limited Partnerships offer a creative investment structure that allows investors to claim income tax deductions for 100% of their investment.
Capital appreciation potential
MineralFields “Super” Flow-Through Limited Partnerships will acquire a carefully selected portfolio of common shares of Canadian resource companies. This portfolio will consist primarily of junior and intermediate mining companies with solid fundamentals and growth potential.
The principals of MineralFields have had experience with flow-through investments in the resource sector for many years. MineralFields’ associated financial intermediary also has two full-time senior mining analysts — Ronald J. Wortel, P.Eng, MBA and Barbara Thomae, P.Geo. — each with over 20 years experience in the mining sector. In addition, MineralFields is assisted in its investment decisions by a blue-chip geological and engineering consulting company with a 40 year history of assisting Canada’s banks and other large institutions in evaluating resource companies — Watts, Griffis and McOuat (WGM). WGM carries out many successful exploration programs for clients, and is fully aware of the relevant factors in evaluating all aspects of a mining activity. Among their many accomplishments, they discovered the largest zinc mine in the world — the Red Dog Mine in Alaska operated by TeckCominco. Our geological consulting team is extremely active in gold and diamond exploration. Finally, MineralFields has is assisted by a legendary technical analyst — Horst Mueller of Mueller Behavioural Analytics Inc — and an experienced portfolio manager — William D.B. (“Bill”) Koenig, CFA of Pathway Investment Counsel Inc.
The diversified portfolio contains shares of publicly-listed companies in the Canadian resource sector that meet MineralFields’ strict investment criteria, namely:
- shares listed on a recognized Canadian stock exchange;
- experienced and well-respected management;
- geographic diversification of mining properties;
- existing properties with promising exploration targets;
- deals in place or a declared intention of obtaining financing
from major mining companies, or otherwise joint venturing with
- offer potential for future growth; and
- fit MineralFields’ proprietary market capitalization, share price
profile, and other investment requirements.
This investment is only for investors by way of subscription agreement. This is not a solicitation for sale or purchase of securities, without the appropriate exemption documents being provided to prospective purchasers. The information enclosed is for informational purposes only and is not a solicitation as to any investment product. This information is inherently limited in scope and does not contain all of the applicable terms, conditions, limitations and exclusions of the investment described herein. The authors of this website make every attempt to ensure that this information is current and accurate. However, if there is a discrepancy, please refer to the specific issuers website or documentation for the most current and correct information.