Salman Partners� Creative approach to corporate financing has brought great value to its clients:

 

Hollinger Canadian Newspapers, L.P.

When looking at Hollinger International Inc., Salman Partners saw an opportunity for the company to secure more financing through corporate restructuring. The firm approached Hollinger with the notion of establishing a limited partnership structure with the company�s community newspapers. Salman Partners was the sole agent of this $200 million private placement. This was the first newspaper limited partnership deal in Canada. Salman Partners then acted as co-lead manager of a $46 million IPO of the same L.P., creating the first publicly traded newspaper L.P. in North America.

 

NovaGold Resources Inc.

When the gold market began to make a positive turn in early 2002, Salman Partners recoginized that institutional investors were looking for quality exploration companies with excellent leverage to the price of gold.  NovaGold, with its interest in the Donlin Creek gold property hosting more than 10.6 million ounces gold resource, exemplified the quality junior company investors were seeking.  In April 2002, Salman Partners was the lead agent in on the first equity offerings in Canada using the SHAEF system  NovaGold's $16 million Units Offering was oversubscribed and increased to $18.5 million.

Pan American Silver Corp.

Salman Partners approached Pan American Silver Corp. to act as underwriter for an equity financing deal. Salman Partners was lead manager in this deal. This was an American-Canadian shelf prospectus and one of the first led by a Canadian dealer. With the Pan American deal, Salman Partners led an issue that was twice oversubscribed.

 

Purcell Energy Ltd.

As an alternative to a rights offering the company was considering, Salman Partners proposed that Purcell could raise the equity it required � to fund a second well at Ft. Laird, NWT � at a premium to market and at a lower cost than was being proposed by other investment dealers. Purcell Energy liked the idea. The special warrant financing of $5 million devised by Salman Partners was very well received by the market and oversubscribed.