WCSB 2008-II FunD
WCSB Oil & Gas Royalty Income 2008-II Limited Partnership (”the Partnership”) completed the final closing of its public offering of Limited Partnership Units on March 13, 2009. The Partnership issued in total, 75,342 Units for gross proceeds of $7,534,200 raised.
The Partnerships mandate is provide Limited Partners with: i) income; ii) capital appreciation; iii) potential liquidity through the sale or roll-over of its assets (a “Liquidity Event”); and iv) a 100% tax deductible investment by participating in the development of, and, to a lesser extent, the exploration for oil and natural gas.
|Fund Type: Closed End || ||CUSIP: 929280100 |
|Securities: LP Units ||Tax Shelter ID: TS 074708 |
|Sector: Canadian Oil & Gas ||Offering Closed: March 13, 2009 |
|Mandate: Income & Capital Gain ||Liquidity Target: December 30, 2011 |
|RSP Eligibility: No ||Dividend Distribution: Monthly |
A prospectus containing important
information relating to these securities was filed with the securities
commission or similar authorities in the provinces of British Columbia,
Alberta, Saskatchewan, Manitoba, Ontario, New Brunswick, Nova Scotia,
Newfoundland and Labrador and Prince Edward Island for the purpose of
distribution to the public. This information shall not constitute an
offering to sell or the solicitation of any offering to buy the
securities. This information is provided for information purposes only.