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 2003 Limited Partnership

Description

Creststreet 2003 Limited Partnership's (the "Partnership") investment objective is to invest with a view to: (I) preservation of capital; and (ii) capital appreciation on the Partnership??s investments. The Partnership's investment strategy is to invest in Flow-Through Securities that: (I) represent good value in relation to the market price and intrinsic value of the Resource Issuer??s shares; (ii) have experienced and capable senior management; (iii) have a strong exploration program in place; and (iv) offer potential for future growth.

Mutual Fund Rollover Transaction and Termination of the Partnership: The General Partner implemented an exchange transaction (the "Mutual Fund Rollover Transaction") on January 21, 2005 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 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 27, 2005. The redemption of a Mutual Fund Share will generally result in a capital gain.
Press Releases
2005-10-11: News Release: Creststreet Resource Fund - Series 2005 1:1 Share Exchange [More]
2005-01-24: News Release: Creststreet Completes Rollover of Creststreet 2003 LP and Creststreet 2003 (II) LP into Resource Class Shares of Creststreet Mutual Funds Limited [More]
2003-06-26: News Release: CRESTSTREET RAISES $34.8 MILLION IN 2003 FLOW-THROUGH OFFERING [More]
2003-05-15: News Release: CRESTSTREET COMPLETES INITIAL CLOSING OF 2003 FLOW-THROUGH OFFERING. A FINAL CLOSING HAS BEEN SET FOR JUNE 20, 2003. [More]
2003-04-17: News Release: CRESTSTREET 2003 FLOW-THROUGH FUND ORDER BOOKS CLOSE MAY 12, 2003 [More]
2003-03-17: News Release: CRESTSTREET LAUNCHES 2003 FLOW-THROUGH FUND [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
2004-11-29: Interim Report: Creststreet 2003 Limited Partnership - September 30, 2004 Quarterly Report [PDF file]
2004-08-27: Interim Report: Creststreet 2003 Limited Partnership - June 30, 2004 Quarterly Report [PDF file]
2004-05-28: Interim Report: Creststreet 2003 Limited Partnership - March 31, 2004 Quarterly Report [PDF file]
2005-03-11: Annual Report: Creststreet Annual Report - December 31, 2004 [PDF file]
2004-03-15: Annual Report: Creststreet Annual Report - December 31, 2003 [PDF file]
2003-11-28: Interim Report: Creststreet 2003 Limited Partnership - September 30, 2003 Quarterly Report [PDF file]
2003-09-11: Interim Report: [PDF file]
Investor Tax Information

The 2005 tax year was the last year in which Creststreet provided tax information for your investment in the Creststreet 2003 Limited Partnership. Please retain the Schedule of Amortization of Issue Costs for use in preparing your tax return in future years.
Adjusted Cost Base

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Final Prospectus

Dated April 17, 2003

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