General Discussion Topics, page-79190

Lithium junior Winsome Resources raises $6.8m at an unusual 98% premium (marketindex.com.au)
This was interesting for Canadian Residents:

Canada's "Flow-Though Shares"

The capital raising seeks to take advantage of Canada's 'flow-through shares' program that enables the investor to claim a tax deduction equal to the amount invested, subject to the individual's tax bracket. The tax benefits are available only to Canadian residents.

"Flow-through shares significantly reduce the risk of investing in resource stocks by allowing investors to recover a substantial portion of their original investment through income tax savings. For instance, an individual in a 50% tax bracket who invests $20,000 in a flow-through offering is really only risking $10,000 since he receives $10,000 in tax deductions," explains Undervalued Equity.

Of note, the higher the tax bracket, the greater the tax concession and the more breathing room you have before the investment turns red.

Winsome says the flow-through shares will be "immediately on sold through a block trade agreement to select high-quality domestic and offshore institutional investors."

This not only leaves retail investors in the dark, but high tax bracket institutional investors could sell their news shares for an immediate profit thanks to the flow-through scheme.