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Notice of Special Distribution - Maple Leaf 2015 Oil & Gas Royalty Income Limited Partnership

March 04, 2022

Maple Leaf 2015 Oil & Gas Royalty Income Management Corp., the General Partner of Maple Leaf Oil & Gas Royalty Income Limited Partnership (the “Partnership”) is pleased to announce that its Board of Directors has declared a special distribution of $12.14211 per unit. This distribution is derived from the net proceeds realized from the sale of the royalty interests held by the Partnership. 


The record date for the special distribution has been set at March 7, 2022, and the payment of the special distribution is expected to occur on March 11, 2022.  The distribution has been determined to be a return of capital for purposes of the Income Tax Act (Canada) and any similar provincial or territorial legislation.


In July 2020, resolutions authorizing the liquidation, termination and dissolution of the Maple Leaf 2015 Oil & Gas Royalty Income Limited Partnership were approved by 97.5% of the votes cast by limited partners present or represented by proxy at the special meeting of limited partners.


Subsequently, the LPs were marketed for sale, a bid was approved, and sale was agreed for the assets of Maple Leaf 2015 Oil & Gas Royalty Income Limited Partnership.

 

After completion of this final distribution of $12.14211 per unit on March 11, 2022, the Partnership fund will be wound up and removed from client accounts.


Further Information

Please contact Shane Doyle, Chief Executive Officer
Maple Leaf Oil & Gas Royalty Income Programs
609 Granville Street, Suite 808, Vancouver, BC V7Y 1G5
Tel: 604.684.5750 | Toll Free: 866.688.5750
Email: info@MapleLeafFunds.ca | Web:
www.MapleLeafFunds.ca

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