Ninepoint Partners Announces Final Closing of Over $43 Million for Ninepoint 2024 Short Duration Flow-Through Limited Partnership
TORONTO, April 25, 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 third and final 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, April 25, 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 third and final 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 Units are being offered at a price per Unit of $25.00 with a minimum subscription of 100 Units ($2,500).
- 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.
- Since its inception in 2017, Ninepoint has successfully raised more Flow-Through Fund capital than any other asset manager in Canada.