Business
Canadian Equipment Rental Fund Limited Partnership files final short form prospectus for previously announced Best Efforts Offering
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About this update from Zedcor Inc
[{"type":"text","content":"\n\n\n\n/NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR\n\n\nDISSEMINATION IN THE UNITED STATES OF AMERICA./\n\n\nCALGARY, Dec. 12 /CNW/ - Canadian Equipment Rental Fund Limited\nPartnership ("CERF LP") has filed a final short form prospectus with\nsecurities regulatory authorities in the Provinces of Alberta, British\nColumbia and Ontario in connection with the previously announced public\noffering of limited partnership units ("Units") of CERF LP (the "Offering").\nThe Units are to be offered on a best efforts basis.\n\n\nThe Offering is being led by Cormark Securities Inc. as lead agent to a\nsyndicate of agents that includes PI Financial Corp. Pursuant to the Offering,\nCERF LP has agreed to issue and sell a minimum of 200,000 Units and a maximum\nof 450,000 Units at a price of $5.00 per Unit, for gross proceeds of a minimum\nof $1,000,000 and a maximum of $2,250,000.\n\n\nThe Offering is expected to close on or about December 20, 2007. The\nOffering is subject to certain conditions including, but not limited to, the\nreceipt of all necessary approvals, including the approval of the TSX Venture\nExchange.\n\n\nThe proceeds of the Offering will be used to fund the purchase of\nequipment and to thereby expand CERF LP's rental fleet and for general\npartnership purposes.\n\n\nCERF LP is a Canadian limited partnership engaged in the rental, sale and\nservice of industrial and construction equipment. CERF LP is listed on the TSX\nVenture Exchange under the symbol "CFL.UN" and currently has 5,440,033 Units\nissued and outstanding.\n\n\nFORWARD LOOKING STATEMENTS\n\n\nThis press release contains forward-looking statements. These\nforward-looking statements are subject to various risk factors and\nuncertainties, which may cause the actual results, performances, cash flows or\nthe ability to pay distributions to be materially different from the results,\nperformances, cash flows or the ability to pay distributions expressed or\nimplied by such forward-looking statements.\n\n\nThe TSX Venture Exchange does not accept responsibility for the adequacy\n\n\nor accuracy of this release.\n\n\n","length":2235,"tagName":"div"}]