mill44 TMX reportsA lot of insider sells but has nothing to do with real insiders of the company The FT PP is being sold out by anon Flow-through Shares: A Unique Tax Shelter Flow-through shares have become increasingly popular among sophisticated investors seeking to minimize their taxes. This program was introduced by the Federal Government to promote the development of the natural resource sector. It remains one of the few legitimate tax shelters approved by the Canada Revenue Agency (CRA), having been included in the Tax Act. How It Works Marquest Mining Super Flow-Through Limited Partnerships invest in fl ow-through shares from a diversifi ed portfolio of growth-oriented junior and intermediate mining companies involved in the exploration and development of Canadian natural resources. Focus is on precious metals, base metals, uranium and other mineral exploration. Certain expenses from this process are eligible as a tax deduction and are passed on to investors. Qualifying expenses only from mining activities are eligible for an additional 15% Federal Tax Credit and 5% Ontario Focused Flow-Through Share Tax Credit. Tax-advantaged Investing An accredited Ontario investor taxed at the highest rate of 49.53% makes an investment of $10,000: YEAR 1 YEAR 2 AND BEYOND TOTAL CEE deductions $9,000 $9,000 Issuance costs and other deductions $200 $800 $1,000 Total tax deductions $9,200 $800 $10,000 Tax savings on deductions $4,557 $396 $4,953 Federal tax credits $1,350 $1,350 Income inclusion from tax credits ($669) ($669) Total tax savings $5,907 ($273) $5,634 Figures are approximate, for the current tax year, does not include capital gains on disposition, which can be deferred under rollover to mutual fund, or eliminated if prior capital losses are available: does not factor in alternative minimu