sur Maple Leaf Critical Minerals 2023 Enhanced Flow-Through Limited Partnership
Maple Leaf Critical Minerals Completes Rollover Transaction
VANCOUVER, BC - Maple Leaf Critical Minerals 2023 Enhanced Flow-Through Limited Partnership successfully carried out a rollover transaction on April 25, 2024. The partnership involved the transfer of its assets to Maple Leaf Resource Class mutual fund, with investors receiving shares in exchange.
Each National Class A and F and Quebec Class A and F unit holders were allotted varying amounts of Resource Mutual Fund shares correlated with the final net asset value of their respective partnership units. This transaction effectively moved their investments from partnership units to fund shares, facilitating future trading and potential portfolio adjustments.
The newly issued Resource Mutual Fund shares, suitable for various Canadian investment accounts like RRSPs and TFSAs, will appear in investors' brokerage accounts within 2-5 days. Any subsequent sales of these shares will necessitate the consideration of capital gains tax. Investors are advised to consult with financial experts to better understand the implications of this rollover in terms of personal taxation and investment strategy.
R. H.
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