Maple Leaf Short Duration 2016 Flow-Through Limited Partnership (National & Quebec Class) - Books Now Re-Opened for 3rd and Final Closing on Friday, May 6, 2016

VANCOUVER, BC / ACCESSWIRE / April 15, 2016 / Maple Leaf Short Duration 2016 Flow-Through Limited Partnership (the "Partnership") is pleased to announce that it has completed its second closing on April 15, 2016. The Partnership issued 148,108 National Class Units and 194,132 Quebec Class Units at a price of $25.00 per unit in its first closing and 48,659 National Class Units and 103,640 Quebec Class Units at a price of $25.00 per unit in its second closing for cumulative total gross proceeds of $12,363,475.

The maximum offering of the Partnership's National Class Units is $10,000,000 and the Quebec Class Units is $10,000,000. The books are now re-opened and will close again on Thursday, May 5, 2016 at 12 noon (EST) for its third and final closing on Friday, May 6, 2015 (or sooner if sold out).

Partnership Objectives & Benefits - National Class Units

The Partnership is designed to provide holders of National Class Units ("National Class Limited Partners") with an investment in a diversified portfolio of Flow-Through Shares of Resource Companies incurring Eligible Expenditures (as those terms are defined in the Prospectus) across Canada with a view to maximizing the tax benefits of an investment in National Class Units and achieving capital appreciation and/or income for National Class Limited Partners. National Class Limited Partners must be residents of Canada or liable to pay Canadian income tax.

Investors are expected to receive tax deductions for 2016 of approximately 100% of the amount invested based on and subject to certain conditions as set forth in the Prospectus.

Partnership Objectives & Benefits - Quebec Class Units

The Partnership is designed to provide holders of Quebec Class Units ("Quebec Class Limited Partners") with an investment in a diversified portfolio of Flow-Through Shares of Resource Companies incurring Eligible Expenditures principally in the Province of Quebec with a view to maximizing the tax benefits of an investment in Quebec Class Units and achieving capital appreciation and/or income for Quebec Class Limited Partners. Quebec Class Units are most suitable for investors who reside in the Province Quebec or are liable to pay income tax in Quebec.

Investors are expected to receive tax deductions for 2016 of up to 130% of the amount invested based on and subject to certain conditions as set forth in the Prospectus.

Liquidity Event

The investment portfolios of both the National and Quebec Class Units will be actively managed in such a way as to preserve the ability to undertake a future liquidity event, such as a rollover into a mutual fund corporation.

The Syndicate

The syndicate of agents for the offering is being led by Scotiabank, BMO Capital Markets, CIBC World Markets Inc. and National Bank Financial Inc. and includes GMP Securities L.P., Canaccord Genuity Corp., Desjardins Securities Inc., Manulife Securities Incorporated, Raymond James Ltd., Burgeonvest Bick Securities Limited, Dundee Securities Ltd., Global Securities Corporation, Industrial Alliance Securities Inc., and Laurentian Bank Securities Inc.A copy of the Prospectus can be obtained from any agent.

Offering Jurisdictions

Each of the Provinces and Territories of Canada.

FOR FURTHER INFORMATION, PLEASE CONTACT

Hugh Cartwright, Chairman
MAPLE LEAF FLOW-THROUGH PROGRAMS

Tel: 1-866-688-5750
Email: info@mapleleaffunds.ca
Web: www.MapleLeafFunds.ca

SOURCE: Maple Leaf Short Duration 2016 Flow-Through Limited Partnership