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Stone 2005 Flow-Through Limited Partnership Completes Final Closing of IPO.


TORONTO -- Stone & Co. Limited ("SCL (1) (Switch-to-Computer Link) Refers to applications that integrate the computer through the PBX. See switch-to-computer.

(2) A file extension used for ColoRIX bitmapped graphics file format (640x400 256 colors).

(language) SCL - 1.
"), promoter of the Stone 2005 Flow-Through Limited Partnership ("Stone 2005 FTLP"), announced today that Stone 2005 FTLP has completed the second and final closing of its initial public offering to raise gross aggregate proceeds of up to $30,000,000 for investment in flow-through shares of Canadian resource companies, primarily relating to relating to relate prepconcernant

relating to relate prepbezüglich +gen, mit Bezug auf +acc 
 oil and gas and mining exploration. Gross proceeds of $24,375,000, representing 975,000 limited partnership units at $25.00 per unit were raised at the closing, which took place on September 27th, 2005.

Aggregate gross proceeds raised to date total $28,524,200. Stone 2005 FTLP has made 20 investments for approximately $26,282,000. Stone 2005 FTLP filed a final prospectus Final Prospectus

A legal document stating the price of a newly issued security, the delivery date, and other facts that are important for investors.

Notes:
The final prospectus must be given to every investor who purchases a new issue of registered securities.
 in respect of the offering dated May 20, 2005 with securities commissions and regulatory agencies in British Columbia British Columbia, province (2001 pop. 3,907,738), 366,255 sq mi (948,600 sq km), including 6,976 sq mi (18,068 sq km) of water surface, W Canada. Geography
, Alberta, Saskatchewan, Manitoba, Ontario, Nova Scotia Nova Scotia (nō`və skō`shə) [Lat.,=new Scotland], province (2001 pop. 908,007), 21,425 sq mi (55,491 sq km), E Canada. Geography
, New Brunswick and the Northwest Territories. Stone 2005 FTLP will, prior to December 31, 2005, endeavour to invest all proceeds available for investment in flow-through shares of resource companies for which the limited partners of the Stone 2005 FTLP will be entitled to claim certain tax credits and deductions.

The offering was made through a syndicate of investment dealers led by Wellington West Capital Inc., a full-service independent investment dealer based in Winnipeg, Manitoba with offices across Canada. The syndicate group includes Canaccord Capital Corporation, 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, Berkshire Securities Inc., Burgeonvest Securities Limited, IPC (1) (InterProcess Communication) The exchange of data between one program and another either within the same computer or over a network. It implies a protocol that guarantees a response to a request.  Securities Corporation, and Acadian Securities Inc.

SCL is the manager of the Stone Mutual Funds and specializes in structuring and managing high quality investment products for Canadian investors. This is SCL's third flow-through fund offering. The chief investment strategist for the Stone 2005 FTLP is Martin Anstee, who has extensive experience in managing flow-through investments.
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Copyright 2005, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Geographic Code:1CANA
Date:Oct 5, 2005
Words:295
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