Products Distributions » WCSB 2009 FundWCSB 2009 FunD
WCSB Oil & Gas Royalty Income 2009 Limited Partnership (“the Partnership”) completed the final closing of its public offering of Limited Partnership Units on September 22, 2009. The Partnership issued in total, 259,262 Units for gross proceeds of $25,926,200.
The Partnerships mandate is provide Limited Partners with: i) income; ii) capital appreciation; iii) potential liquidity through the sale or roll-over of its assets (a “Liquidity Event”); and iv) a 100% tax deductible investment by participating in the development of, and, to a lesser extent, the exploration for oil and natural gas.
Fund Details
| Fund Type: Closed-End | | CUSIP: 92933G103 |
| Securities: LP Units | Tax Shelter: TS 075127 |
| Sector: Canadian Oil & Gas | Offering Closed: September 2009 |
| Mandate: Income & Capital Gain | Liquidity Target: June 30, 2013 |
| RSP Eligibility: No | Dividend Distribution: Monthly |
A prospectus containing important
information relating to these securities was filed with the securities
commission or similar authorities in the provinces of British Columbia,
Alberta, Saskatchewan, Manitoba, Ontario, New Brunswick, Nova Scotia,
Newfoundland and Labrador and Prince Edward Island for the purpose of
distribution to the public. This information shall not constitute an
offering to sell or the solicitation of any offering to buy the
securities. This information is provided for information purposes only.
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