Maple Leaf Short Duration 2015-III Flow-Through Limited Partnership National Class & Quebec Class - Rollover Transaction Completed July 20, 2016

VANCOUVER, BC / ACCESSWIRE / July 21, 2016 / Maple Leaf Short Duration 2015-III Flow-Through Limited Partnership - National Class and Quebec Class (the "Partnership") is pleased to announce that on July 20, 2016, the Partnership completed its rollover transaction whereby the assets of the Partnership were transferred to the Maple Leaf Resource Class (CDO100) mutual fund (the "Resource Mutual Fund") in exchange for Series A shares of the Resource Mutual Fund.

National Class (CDO153) Rollover Details

The final net asset value per National Class Partnership unit was $29.177420. Series A shares of the Resource Mutual Fund were issued at a net asset value of $5.38128 each. Accordingly, each holder of National Class Partnership units received 5.42202 Resource Mutual Fund shares for each National Class Partnership unit held.

Quebec Class A (CDO155) Rollover Details

The final net asset value per Quebec Class A Partnership unit was $23.019090. Series A Resource Mutual Fund shares were issued at a net asset value of $5.38128 each. Accordingly, each holder of Quebec Class A Partnership units received 4.27762 Resource Mutual Funds shares for each Quebec Class Partnership unit held.

Quebec Class F (CDO156) Rollover Details

The final net asset value per Quebec Class F Partnership unit was $23.236650. Series A Resource Mutual Fund shares were issued at a net asset value of $5.38128 each. Accordingly, each holder of Quebec Class F Partnership units received 4.31805 Resource Mutual Funds shares for each Quebec Class Partnership unit held.

Resource Mutual Fund shares will be deposited into investors' brokerage accounts and investors may elect to switch tax-free and fee free into the Maple Leaf Income Class (CDO102) mutual fund (the "Income Mutual Fund"). The mandate of the Income Mutual Fund is to achieve capital preservation, lower volatility, long term growth and income.

Investors should note:

Transactions and switches may only be executed once the dealer has processed the rollover transaction and the Resource Mutual Fund shares show in your account. It typically takes 2-5 days for dealers to process the rollover transaction.

The shares of both the Resource Mutual Fund and Income Mutual Fund are qualified investment for RRSPs, RRIFs, RESPs, DPSPs, RDSPs and TFSAs.

There will be no fees charged for switches to the Income Mutual Fund.

Redeeming the Resource Mutual Fund shares for cash will incur a capital gain tax liability.

Due to changes in the 2016 Federal Budget, switches to the Income Class Mutual Fund done after September 2016, will incur a capital gains liability.

Please contact your Investment Advisor for advice and assistance, should you wish to switch to the Income Mutual Fund.

ABOUT MAPLE LEAF

Maple Leaf is a privately held, independent firm whose executive members have participated in the formation of over $500 million of capital based on energy and resource focused alternative investment products for Canadian resident investors.

ADDITIONAL INFORMATION

Additional information about the Mutual Fund is available in the Mutual Fund's simplified prospectus, annual information form, management reports of fund performance and financial statements. You can obtain a copy of these documents at your request and at no cost by calling toll free 1-866-688-5750, or from your financial advisor, or by e-mailing info@MapleLeafFunds.ca, or by download at www.MapleLeafFunds.ca. These documents and other information about the Mutual Fund will also be available at SEDAR (the System for Electronic Document Analysis and Retrieval established by the Canadian Securities Administrators) at www.sedar.com.

FOR FURTHER INFORMATION, PLEASE CONTACT:

Hugh Cartwright, Chairman
MAPLE LEAF SHORT DURATION 2015-III FLOW-THROUGH MANAGEMENT CORP.
Tel: 1-866-688-5750
Email: info@mapleleaffunds.ca

SOURCE: Maple Leaf Short Duration 2015-III Flow-Through Limited Partnership - National Class and Quebec Class