Total Gross Proceeds of $34,976,375 Raised

VANCOUVER, BC / ACCESSWIRE / November 8, 2023 / Maple Leaf Critical Minerals 2023-II Enhanced Flow-Through Limited Partnership (the "Partnership") is pleased to announce that it has completed its second and final closing on November 8, 2023 for gross proceeds of $6,020,400.00, with aggregate gross proceeds to the Partnership of $34,976,375.

Partnership Objectives & Benefits - National Class Units

The Partnership is designed to provide Series A and Series F 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 2023 of approximately 134%-140% 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 Series A and Series F 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 2023 of up to approximately 147% 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 Scotia Capital Inc. and includes National Bank Financial Inc., CIBC World Markets Inc., BMO Nesbitt Burns Inc., iA Private Wealth Inc., Richardson Wealth Limited, Canaccord Genuity Corp., Desjardins Securities Inc., Manulife Securities Incorporated, Raymond James Ltd., Echelon Wealth Partners Inc and Wellington-Altus Private Wealth. A copy of the Prospectus can be obtained from any agent.

Offering Jurisdictions
Each of the Provinces of Canada.

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 October 6, 2023 (the "Prospectus") relating to these securities has been filed with the securities commissions or similar authorities in each of the Provinces of Canada. 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 Critical Minerals 2023-II Enhanced Flow-Through Limited Partnership