Maple Leaf Short Duration 2015-II Flow-Through Limited Partnership NATIONAL & QUEBEC CLASS - Books Now Re-opened for Second and Final Closing on Tuesday, November 17, 2015 at 12 Noon (EST)

VANCOUVER, BC / ACCESSWIRE / October 14, 2015 / Maple Leaf Short Duration 2015-II Flow-Through Limited Partnership (the "Partnership") is pleased to announce that it completed its initial closing on October 14, 2015. The Partnership issued 240,663 National Class Units and 153,594 Quebec Class Units at a price of $25 per unit, for aggregate gross proceeds of $9,856,425. 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 for the second closing will close on Tuesday, November 17, 2015 at 12 noon (EST) 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 2015 of approximately 100% of the amount invested based on and subject to certain conditions as set forth in the Prospectus.

Partnership Objectives & Benefits - Québec Class Units

The Partnership is designed to provide holders of Québec Class Units ("Québec 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 Québec with a view to maximizing the tax benefits of an investment in Québec Class Units and achieving capital appreciation and/or income for Québec Class Limited Partners. Québec Class Units are most suitable for investors who reside in the Province Québec or are liable to pay income tax in Québec.

Investors are expected to receive tax deductions for 2015 of up to 131% 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 Québec 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.

Registrar and Transfer Agent

Computershare Investor Services Inc. (as successor to the business of Valiant Trust Company), at its principal offices in Vancouver, British Columbia, is the registrar and transfer agent for the Units.

Offering Jurisdictions

Each of the provinces of British Columbia, Alberta, Saskatchewan, Manitoba, Ontario and Quebec.

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

A final prospectus dated September 29, 2015 relating to these securities has been filed with the securities commissions or similar authorities in each of the provinces of British Columbia, Alberta, Saskatchewan, Manitoba, Ontario and Quebec. This release shall not constitute an offer to sell or the solicitation of any offer to buy the securities. This release is provided for information purposes only. Commissions, trailing commissions, management fees and expenses all may be associated with investment funds. Please read the Prospectus before investing. Investment funds are not guaranteed, their values change frequently and past performance may not be repeated. Capitalized terms not defined herein have the meanings set forth in the Prospectus.

SOURCE: Maple Leaf Short Duration 2015-II Flow-Through Limited Partnership

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