Calgary, Alberta-based EarthFirst Canada, a developer of wind energy, has filed a preliminary prospectus with securities regulatory authorities in all provinces of Canada for an offering of units consisting of common shares and one-half a common share purchase warrant and flow-through common shares.
EarthFirst expects the flow-through common shares to receive tax deductions equal to 100% of the amount invested for the 2007 taxation year.
The offering is being made through a syndicate of investment dealers, co-led by GMP Securities and Scotia Capital, that includes National Bank Financial, TD Securities, Canaccord Capital Corp., HSBC Securities (Canada), Orion Securities and Fraser Mackenzie.
