Short-Duration Flow-Through 2017
Fund Overview
Gravitas Short-Duration Flow-Through Limited Partnership 2017 (“The Fund”) invests in flow-through shares of public and private resource companies engaged in:
- Oil and gas exploration, development and/or production
- Mineral exploration, development and/or production
- Renewable energy exploration, development and related resource issuers such as pipeline, utilities and service companies
Gravitas Short-Duration Flow-Through 2017
| Company– June 29, 2018 | Symbol | Focus | % of Portfolio – Gross of Cash |
|---|---|---|---|
| Alto Ventures | ATV | Gold | 0.59% |
| Anaconda Mining | Gold | 6.55% | |
| Brixton Metals | BBB | Mixed Precious Metals | 7.53% |
| ZincX Resources | Zinc | 15.24% | |
| Galway Metals | Gold | 5.82% | |
| Golden Dawn Metals | Gold | 2.68% | |
| GoWest Gold | GWA | Gold | 5.90% |
| Maritime Resources | MAE | Gold | 6.30% |
| Nicola Mining | NIM | Silver, Lead, Zinc | 4.92 |
| PurePoint Uranium | Uranium | 10.23% | |
| Sage Gold | Gold | 1.07% | |
| Sparton Resources | Vanadium | 6.77% | |
| Cash and Other | Cash and Other | 26.40% | |
| Grand Total | 100% |
| Theme– June 29, 2018 | % of Portfolio |
|---|---|
| Cash and Other | 26.4% |
| Gold | 28.9% |
| Silver, Lead, Zinc | 4.9% |
| Uranium | 10.2% |
| Vanadium | 6.8% |
| Zinc | 15.2% |
| Mixed Precious Metals | 7.5% |
| Grand Total | 100% |
Product Reference Materials
Investment Objectives
The investment objectives of the Fund are to provide investors with:
- Significant tax benefits potentially of 100%+ of their original investment
- The potential for capital appreciation through investments in the Canadian resources and associated industries.
Investment Highlights
The Fund invests primarily in a spectrum of growth-oriented small to mid-size resource companies listed on the TSX, TSX-V and CSE with the following characteristics:
- Strong growth strategies and prospects
- Experienced, reputable management teams
- Quality projects with a defined business plan
- Attractive valuations/low premiums
Fund Details
Closing Dates: June 30, 2017 / July 31, 2017 (final)
Investment Strategy: Diversified resource short duration flow through
Investment Type: Limited Partnership units
Structure: Limited Partnership
Features: Canadian Exploration Expense deductions, plus Mineral Exploration Tax Credits – federal and potentially provincial — a “Super-Flow Through”.
Risk Rating: High
Eligibility: Suitable for taxable accounts of accredited and eligible investors of applicable provinces, as defined in the Offering Memorandum. Available to residents of British Columbia, Alberta, Saskatchewan, Manitoba and Ontario.
Price (NAV per unit): $10 per unit
Minimum Investment: $5,000 (500 units)
Maximum Offering: 1,500,000 units
Liquidity: Liquidity expected end of 2018 (18 months)
Classes Available: A and F
Fund Code: FIQ111(class B) / FIQ113 (class F)
Sales: Subscription agreement
Management Fee: 2%
Manager: Gravitas Securities Inc.
Fund Manager
The Manager
Gravitas Securities Inc., together with its affiliates, is a Canadian-based global investment manager founded in 2006. The Gravitas Group of Companies and its subsidiaries manage approximately $4 billion in assets on behalf of more than 30,000 clients across Canada.
Investment Team
The Fund’s investment team is led by Neil Gilday, CIO and Portfolio Manager. Neil and his team have a team based approach to investing and have decades of experience in managing, sourcing and structuring private and public resource transactions.