Ninepoint Partners Announces First Closing of Ninepoint 2024 Short Duration Flow-Through Limited Partnership
TORONTO, Feb. 28, 2024 (GLOBE NEWSWIRE) -- Ninepoint Partners LP (“Ninepoint”) is pleased to announce that the Ninepoint 2024 Short Duration Flow-Through Limited Partnership (the “Partnership”) has completed the first closing in connection with its offering of limited partnership units of the National Class and the Québec Class (together, the “Units”) pursuant to a prospectus dated January 30, 2024.
- TORONTO, Feb. 28, 2024 (GLOBE NEWSWIRE) -- Ninepoint Partners LP (“Ninepoint”) is pleased to announce that the Ninepoint 2024 Short Duration Flow-Through Limited Partnership (the “Partnership”) has completed the first closing in connection with its offering of limited partnership units of the National Class and the Québec Class (together, the “Units”) pursuant to a prospectus dated January 30, 2024.
- The Partnership issued 596,116 National Class Units and 184,485 Québec Class Units for aggregate gross proceeds of $19,515,025.
- The Partnership will have a second closing in respect of the Units on or about March 27, 2024.
- The Partnership intends to provide liquidity to limited partners through a roll-over to the Ninepoint Resource Fund Class on or before June 30, 2025 with such liquidity event not expected to occur before February 2025.