Brompton Equal Weight Oil & Gas Income Fund Closes IPO at $400 Million.TORONTO -- (TSX TSX Toronto Stock Exchange (TSE before April, 2002) TSX Transfer from Stack Pointer to Index TSX True Space Extension :OGF OGF Open Gaming Foundation OGF Old Growth Forest OGF Oregongreenfree (online medical marijuana community) OGF Open Grid Forum .UN): Brompton Equal Weight Oil & Gas Income Fund is pleased to announce that it has completed its initial public offering of 40,000,000 trust units at a price of $10.00 per trust unit for gross proceeds of $400 million. The offering was made through a syndicate of agents co-led by RBC Capital Markets RBC Capital Markets is the corporate and investment banking division of Royal Bank of Canada ("RBC"). Broker dealers Depending on the jurisdiction, the division uses different broker dealer subsidiaries of RBC:
 This article or section is written like an .Please help [ rewrite this article] from a neutral point of view. Mark blatant advertising for , using . Inc., National Bank Financial Inc., Scotia Capital Inc., TD Securities Inc., HSBC HSBC Hongkong and Shanghai Banking Corporation HSBC Humane Society of Broward County (Florida) HSBC Humane Society of Bay County (Bay County, Michigan) Securities (Canada) Inc., Canaccord Capital Corporation, Desjardins Securities Inc., Dundee Securities Corporation, First Associates Investments Inc., Raymond James Ltd., Acadian Securities Incorporated, Newport Securities Inc., Research Capital Corporation and Wellington West Capital Inc. The Fund has granted the agents an over-allotment option which allows the agents to purchase additional units up to a maximum of 15% of the issue for a period of 30 days. The Fund's investment objectives are to provide Unitholders with the benefits of high monthly cash distributions and low management fees together with the opportunity for capital appreciation by investing in an equally weighted diversified portfolio of oil and gas income trusts on a passive basis. The Fund will invest in an equal dollar amount of all conventional oil and gas income trusts listed on the TSX that pay a regular distribution, have a float capitalization of at least $500 million at the time of investment and that meet other investment criteria outlined in the final prospectus of the offering. The Fund's units begin trading today on the Toronto Stock Exchange Toronto Stock Exchange (TSE) Canada's largest stock exchange, trading approximately 1,200 company stocks and 33 options. under the symbol OGF.UN. Brompton Energy Trust Management Limited is the manager of the Fund and is a member of the Brompton Group of companies. Brompton Group is a leading provider of specialized financial products and services to corporate, institutional and individual clients. Brompton's products incorporate attractive investor terms, low fees and are supported by strong corporate governance. To learn more about the Fund and Brompton's other investment products visit the website at www.bromptongroup.com or contact your financial advisor. Brompton Equal Weight Oil & Gas Income Fund (TSX:OGF.UN) |
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