I've noted a little confusion on how flow through shares work - here's the Canada Revenue Agency link to the definition and scope of flow through shares.

http://www.cra-arc.gc.ca/tx/bsnss/tpcs/fts-paa/menu-eng.html

(and for those over 50++ sharky....hehehe), here's a link for you.....

http://50plus.com/Money/BrowseAllArticles/index.cfm?t_offset=1&documentID=14669#

Although shares are sold at $1.30, the net effect is much less (as much as 46% less depending in which tax break one is in). The entire premise of these shares is to pass the exploration write-off from CLL to investors (why? because, CLL will not need these write-offs in the near term......).

Good luck all,

Booster