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Brompton Flow-Through 2017 LP

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BROMPTON 2017 FLOW-THROUGH LIMITED PARTNERSHIP

COMPLETES MUTUAL FUND ROLLOVER

Toronto, February 20, 2019: Brompton Funds Limited (the “Manager”) is pleased to announce the completion of the tax-deferred transfer of assets of Brompton 2017 Flow-Through Limited Partnership (the “Partnership”). The Partnership has transferred all of its assets to Brompton Resource Class (“BRF”), a class of Brompton Mutual Funds Limited in exchange for Series B Shares of BRF. The Partnership will be dissolved on or about March 8, 2019. Series B Shares of BRF were issued at a netasset value per share of $0.4178. The final net asset value per unit of the Partnership was $11.1012.Partnership units were converted at a rate of 26.570608 Series B Shares of BRF for each Partnership unit. The Series B Shares will offer daily liquidity through FundServ as soon as investment advisors have
reconciled positions with FundServ, under fund code CAM 151.

BRF provides Canadian investors with exposure to a broad array of investments in the natural resource sectors. BRF’s investment objective is to provide the potential for long-term growth of capital and to a lesser extent, the production of income. BRF offers daily subscriptions and redemptions. The portfolio managers of BRF are Laura Lau and Mike Clare, who are also the portfolio managers for the BromptonFlow-Through Limited Partnerships.

BRF will not charge a fee or commission when the Series B shares are issued under the mutual fund rollover transaction and will not charge redemption fees in respect of such Series B Shares.

BRF will not issue certificates for Series B Shares. BRF is a fund class of Brompton Mutual Funds Limited which is a mutual fund corporation incorporated under the laws of Canada. BRF securities are sold under a continuous offering prospectus and BRF is a reporting issuer for securities law purposes in all provinces and territories of Canada. The prospectus contains important information about BRF, including investment strategy, fees and risks. Brompton encourages all investors to read the prospectus for all other terms and conditions of BRF.

About Brompton Funds
Brompton Funds, a division of Brompton Group which was founded in 2000, is an experienced investment fund manager with over $2 billion in assets under management. Brompton’s investment solutions include TSX traded funds and mutual funds. For further information, please contact your investment advisor, call Brompton’s investor relations line at 416-642-6000 (toll-free at 1-866-642-6001), email info@bromptongroup.com or visit our website at www.bromptongroup.com.

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2018 Tax Year Breakdown

T5013 Federal tax forms and RL 15 Quebec tax forms will be issued by investment dealers to all unitholders, as applicable, based on the following per unit tax information.

This information is of a general nature only and does not constitute legal or tax advice to any particular investor. Accordingly, prospective investors are advised to consult their own tax advisors with respect to their individual circumstances.

T5013(A)R15DescriptionTotalPer Unit
10526Ltd. Partner's at risk amt1,083,5503.03088
n/a45Eligible taxable capital gains amount on resource property490,8361.37296
n/a14Partnership's total gross income0
1287Interest from Cdn Sources00.00000
1326AActual amount of Eligible Dividends00.00000
21015ACarrying charges459,0191.28396
15110Capital gains(losses) (R15: used to calculate the deduction)
15112Capital gains(losses) (R15:not used to calculate the deduction)999,8222.79668
n/a24AMember Corp's share of debt
n/a24BMember Corp's share of qualified property
n/a24CMember Corp's share of total assets
n/a27Limited Partnership Loss
19060Cdn exploration expense - renuciation00.00000
194n/aAmount - Exp qualifying for ITC00.00000
197n/aBC - Expenses - Tax Credit00.00000
198n/aSK - Expenses - Tax Credit00.00000
200n/aON - Expenses - Tax Credit00.00000
n/a53Limited-recourse amounts00.00000
n/a12-1Capital gains (or losses) on property other than resource property00.00000
n/a12-2Capital gains (or losses) on resource property999,8222.79668

2017 Tax Year Breakdown

T5013 Federal tax forms and RL 15 Quebec tax forms will be issued by investment dealers to all unitholders, as applicable, based on the following per unit tax information.

This information is of a general nature only and does not constitute legal or tax advice to any particular investor. Accordingly, prospective investors are advised to consult their own tax advisors with respect to their individual circumstances.

T5013(A)R15DescriptionTotalPer Unit
10526Ltd. Partner's at risk amt8,937,57525.00000
n/a45Eligible taxable capital gains amount on resource property00.00000
n/a14Partnership's total gross income18,993
1287Interest from Cdn Sources18,9930.05313
1326AActual amount of Eligible Dividends00.00000
21015ACarrying charges254,5780.71210
15110Capital gains(losses) (R15: used to calculate the deduction)
15112Capital gains(losses) (R15:not used to calculate the deduction)00.00000
n/a24AMember Corp's share of debt
n/a24BMember Corp's share of qualified property
19024CMember Corp's share of total assets
19427Limited Partnership Loss
19760Cdn exploration expense - renuciation8,618,262 24.10682
198n/aAmount - Exp qualifying for ITC5,669,432 15.85842
200n/aBC - Expenses - Tax Credit80,8500.22615
n/an/aSK - Expenses - Tax Credit556,5281.55671
n/an/aON - Expenses - Tax Credit864,0002.41676
n/a62Quebec Exploration Expense1,145,554 3.20432
20163Québec surface mining and oil and gas exploration expenses1,145,5543.20432
20253Limited-recourse amounts693,4001.93956
20350Number of units acquired357,503
51Cost per unit25.00
52Total cost of units8,937,575