Qwest Energy 2004 Flow-Through Limited Partnership

Qwest Energy 2004 Flow-Through Limited Partnership

January 10, 2005 20:27 ET

Qwest Energy 2004 Flow-Through Limited Partnership Announces Dissolution of Partnership


NEWS RELEASE TRANSMITTED BY CCNMatthews

FOR: QWEST ENERGY 2004 FLOW-THROUGH LIMITED PARTNERSHIP

JANUARY 10, 2005 - 20:27 ET

Qwest Energy 2004 Flow-Through Limited Partnership
Announces Dissolution of Partnership

VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - Jan. 10, 2005) - Qwest
Energy 2004 Flow-Through Management Corp. is pleased to announce that
Qwest Energy 2004 Flow-Through Limited Partnership was dissolved on
December 31, 2004 in accordance with the terms of its partnership
agreement. Prior to such dissolution, flow-through shares or warrants to
purchase flow-through shares of 29 resource issuers had been distributed
to limited partners, along with the purchase or exercise price of such
flow-through shares and warrants. All such warrants were exercised on or
prior to December 31, 2004. As at December 31, 2004, the Net Asset Value
of the investment portfolio of flow-through shares held by Royal Trust
Company of Canada, as escrow agent for the benefit of former limited
partners of Qwest Energy 2004 Flow-Through Limited Partnership, was
$18,458,264.

Qwest Energy 2004 Flow-Through Limited Partnership by its General
Partner, Qwest Energy 2004

Flow-Through Management Corp.

Maurice Levesque, Director

Hugh Cartwright, Director

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Contact Information

  • FOR FURTHER INFORMATION PLEASE CONTACT:
    Qwest Energy 2004 Flow-Through Limited Partnership
    Cindy Bower
    Manager, Business Development & Client Services
    (604) 602-1142 or 1-866-602-1142
    Email: cbower@qwestenergy.com