New Priviti Oil and Gas Fund Seeks Up to $100M

Priviti Capital Corp., a Calgary-based private equity firm focused on the energy market, is launching a new retail fund, Priviti Oil & Gas Opportunities Limited Partnership 2013. The firm has filed a preliminary prospectus for an initial public offering, targeting a maximum offering of $100 million. The investment strategy of the new fund will be similar to that of Priviti Oil & Gas Opportunities Limited Partnership 2011, which raised $57.5 million.


Priviti Capital Corporation is pleased to announce that Priviti Oil & Gas Opportunities Limited Partnership 2013 (the “Partnership”) has filed the preliminary long form prospectus for the initial public offering of Class A Units and Class F Units of the Partnership. Funds raised by the Partnership will be invested in a portfolio of what Cypress Capital Management Ltd., the Partnership’s portfolio manager, believes are high-quality securities of private and public companies that operate in the Canadian oil and gas sector.

The offering is being made through a syndicate of investment dealers led by CIBC, co-led by GMP Securities L.P. and includes BMO Capital Markets, National Bank Financial Inc., Scotiabank, Macquarie Private Wealth Inc., Canaccord Genuity Corp., Dundee Securities Ltd., Raymond James Ltd., Desjardins Securities Inc., FirstEnergy Capital Corp., Mackie Research Capital Corporation and Peters & Co. Limited.

A preliminary prospectus containing important information relating to these securities has been filed with securities commissions or similar authorities in each of the provinces of Canada. The preliminary prospectus is still subject to completion or amendment. Copies of the preliminary prospectus may be obtained from any of the investment dealers listed above. There will not be any sale or any acceptance of an offer to buy the securities until a receipt for the final prospectus has been issued.

Certain information set forth in this press release, including a discussion of future plans and operations, contains forward-looking statements that involve substantial known and unknown risks and uncertainties. These forward-looking statements are subject to numerous risks and uncertainties, some of which are beyond management’s control, including but not limited to, the impact of general
economic conditions, industry conditions, fluctuation of commodity prices, fluctuation of foreign exchange rates, environmental risks industry competition, availability of qualified personnel and management, stock market volatility, timely and cost effective access to sufficient capital from internal and external sources. Actual results, performance or achievement could differ from those expressed in or implied by these forward-looking statements.

Priviti Capital Corporation
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