Creststreet is a performance driven, independent asset management firm, founded on the premise that commodities are an increasingly scarce resource that will increase in value over time, providing attractive long-term investment opportunities.

Since its inception in 2000, Creststreet has raised over $1 billion for resource investments. Creststreet has built a committed investment management team with more than 30 years of combined resource investment experience. Creststreet seeks to provide its investors superior, risk adjusted returns in unique core and specialty products by combining our rigorous internal research processes with our active portfolio management style.

Creststreet 2000 Limited Partnership

Description

Creststreet 2000 Limited Partnership's (the "Partnership") investment objective is to invest with a view to (i) the preservation of capital; and (ii) capital appreciation on the Partnership's investments. The Partnership's investment strategy is to invest in flow-through shares issued by companies engaged in Canadian resource exploration that: (i) represent good value in relation to the market price and intrinsic value of the resource company's shares; (ii) have experienced and capable senior management; (iii) have a strong exploration program in place; and (iv) offer potential for future growth. It is anticipated that the Partnership will invest in flow-through shares issued predominantly by resource companies engaged in oil and gas exploration and development in Canada.

Mutual Fund Rollover Transaction and Termination of the Partnership: The General Partner implemented an exchange transaction (the "Mutual Fund Rollover Transaction") on January 18, 2002, pursuant to which the Partnership transfered its assets to Creststreet Mutual Funds (the "Mutual Fund"), an open-end mutual fund corporation managed by Creststreet, in exchange for Mutual Fund Shares. Immediately thereafter, the Partnership was dissolved and the Mutual Fund Shares were distributed pro rata to Limited Partners. This exchange occured on a "roll-over" basis and did not result in any tax consequences to Limited Partners. Limited Partners are able to redeem their Mutual Fund Shares at any time on or after May 31, 2002. The redemption of a Mutual Fund Share will generally result in a capital gain.
Press Releases

Feb 27, 2004: News Release: Creststreet Resource Fund Pays Capital Gain Dividend [more]
Feb 28, 2003: News Release: Creststreet Resource Fund Pays Capital Gain Dividend [more]
Jan 18, 2002: News Release: Creststreet announces that on January 15, 2002 it completed the rollover of Creststreet 2000 Limited Partnership into Creststreet Resource Fund Limited. [more]
Mar 19, 2001: News Release: Investors in Creststreet 2000 Limited Partnership were mailed tax packages March 19, 2001 [more]
Dec 28, 2000: News Release: Creststreet has raised its maximum of $10,000,000. All funds have been fully committed. [more]
Aug 07, 2000: News Release: Creststreet has completed the inital closing of its 2000 flow-through offering [more]
Jul 11, 2000: News Release: The closing of the Creststreet 2000 offering has been Scheduled for July 25, 2009. In addition, Creststreet has settled the legal action commenced by Middlefield Group. [more]
May 26, 2000: News Release: Creststreet has filed a prelimiary prospectus for it first flow-through offering. [more]

Corporate Information

Officers & Directors

Position

Principal Occupation

Robert J. Toole
Toronto, Ontario

 

President,
Chief Executive Officer and Director

 

President, Chief Executive Officer and Managing Director of Creststreet

Donna E. Shea
Toronto, Ontario

 

Vice President, Finance and Chief Financial Officer

 

Vice President, Finance, Chief Financial Officer and a director of Creststreet

Sheryl J. Chiddenton
Toronto, Ontario

 

Secretary and Treasurer

 

Secretary and Treasurer and Manager, Compliance and Investment Services of Creststreet

Lead Agent
Scotia Capital Inc.
Toronto, Ontario

Legal Counsel
McCarthy Tétrault LLP
Toronto, Ontario

Auditors
KPMG LLP
Toronto, Ontario

Registered Address
Creststreet 2008 Limited Partnership
c/o Creststreet Capital Corporation
70 University Avenue
Suite 1450
Toronto, Ontario
M5J 2M4

Tel: (416) 864-6330
Fax: (416) 862-8950
Toll-Free: 1-866-864-6330
E-mail: info@creststreet.com
Financial Statements

Mar 15, 2002: Annual Report: Creststreet 2000 Limited Partnership - December 31, 2001 Annual Report [PDF file]
Nov 21, 2001: Interim Report: Creststreet 2000 Limited Partnership - September 30, 2001 Quarterly Report [PDF file]
Aug 30, 2001: Interim Report: Creststreet 2000 Limited Partnership - June 30, 2001 Quarterly Report [PDF file]
May 18, 2001: Interim Report: Creststreet 2000 Limited Partnership - March 31, 2001 Quarterly Report [PDF file]
Apr 06, 2001: Annual Report: Creststreet 2000 Limited Partnership - December 31, 2000 Annual Report [PDF file]
Nov 29, 2000: Quarterly Report: Creststreet 2000 Limited Partnership - Sept 30, 2000 Quarterly Report [PDF file]

Investor Tax Information

The 2002 tax year was the last year in which Creststreet provided tax information for your investment in the Creststreet 2000 Limited Partnership. Please retain the Schedule of Amortization of Issue Costs for use in preparing your tax return in future years.
Adjusted Cost Base

View PDF
Final Prospectus

Dated July 19, 2000

View PDF (English)