Qwest 2013 Oil & Gas Flow-Through Limited Partnership Completes Rollover of CEE Partnership Units and CDE Partnership Units

VANCOUVER, BRITISH COLUMBIA--(Marketwired - Nov. 26, 2014) -

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Qwest Investment Management Corp. is pleased to announce that on November 26, 2014, the assets of Qwest 2013 Oil & Gas Flow-Through Limited Partnership (the "Partnership"), with a value of $5.69 million CEE Partnership units and a value of $2.44 million CDE Partnership units, rolled on a tax-deferred basis to Qwest Funds Corp.'s Series A shares of Qwest Energy Canadian Resource Class (the "Mutual Fund").

Partnership's Rollover Net Asset Values

The net asset values for the rollover to the Mutual Fund, calculated at the close of business on November 25, 2014, were $16.83 per CEE Partnership unit and $20.73 per CDE Partnership unit.

Mutual Fund Shares Distribution Date

The Partnership will distribute to its former limited partners the applicable number of Mutual Fund shares on or about November 28, 2014. The Partnership will subsequently be dissolved upon completion of the Mutual Fund share distribution. The Mutual Fund shares will be redeemable after the completion of distribution, on or about November 28, 2014, and the subsequent settlement of the Mutual Fund shares into the limited partners' respective brokerage account. The rollover is a tax-deferred event and does not trigger capital gains until a limited partner decides to sell their Mutual Fund shares.

About The Mutual Fund

The Mutual Fund is an open-ended mutual fund corporation with a mandate of achieving long-term capital appreciation by investing primarily in equity securities of publicly traded Canadian companies involved in the energy and natural resources sector. The Mutual Fund targets companies that possess a combination of an experienced management team, sound financial fundamentals and strong growth prospects. The Mutual Fund is managed by our Calgary-based portfolio management team which is led by Mr. Don Short, Senior Vice-President and Portfolio Manager, for Qwest Investment Fund Management Ltd.

About Qwest Investment Management Corp.

Qwest Investment Management Corp. is an investment management firm which specializes in identifying, structuring and managing strategic investment products.

Forward Looking Statement: Certain statements included in this news release constitute forward looking statements which reflect Qwest's current expectations regarding future results or events. Words such as "may," "will," "should," "could," "anticipate," "believe," "expect," "intend," "plan," "potential," "continue" and similar expressions have been used to identify these forward‐looking statements. Forward‐looking statements involve significant risks and uncertainties and a number of factors could cause actual results to materially differ from expectations discussed in the forward looking statements including, but not limited to, changes in general economic and market conditions and other risk factors. Although the forward‐looking statements are based on what Qwest believes to be reasonable assumptions, we cannot assure that actual results will be consistent with these forward‐looking statements. Investors should not place undue reliance on forward‐looking statements.

These forward‐looking statements are made as of the current date and we assume no obligation to update or revise them to reflect new events or circumstances. This communication is not to be construed as a public offering to sell, or a solicitation of an offer to buy securities. Such an offer can only be made by way of a prospectus or other applicable offering document and should be read carefully before making any investment. This release is for information purposes only. Investors should consult their investment advisor for details and risk factors regarding specific strategies and various investment products.