The Partnership’s investment objective is to provide Limited Partners with a tax-assisted
investment in a diversified portfolio of equity securities of Resource Companies with a view to achieving capital
appreciation for Limited Partners. The Partnership’s investment strategy entails initially investing in Flow-
Through Shares primarily of Resource Companies engaged in oil and gas or mining exploration, development
and/or production that (a) have experienced management; (b) have a strong exploration program in place; and (c) offer the potential for future growth. |