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Canadian Equipment Rental Fund Limited Partnership files preliminary short form prospectus for 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, Nov. 16 /CNW/ - Canadian Equipment Rental Fund Limited\nPartnership ("CERF LP") has filed a preliminary short form prospectus with\nsecurities regulatory authorities in the Provinces of Alberta, British\nColumbia and Ontario in connection with a proposed public offering of limited\npartnership units ("Units") of CERF LP (the "Offering"). The number of Units\nto be offered and the price per Unit have not yet been determined. The Units\nare to be offered in the Provinces of Alberta, British Columbia and Ontario,\non a best efforts basis, with no minimum number or dollar amount requirement.\n\n\nCormark Securities Inc. is acting as lead agent in connection with the\nOffering. The syndicate also includes PI Financial Corp.\n\n\nThe Offering is subject to certain conditions including, but not limited\nto, the receipt of all necessary approvals, including the approval of the TSX\nVenture Exchange.\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":2137,"tagName":"div"}]