Qwest Investment Management Corp.



Qwest Investment Management Corp.

July 29, 2013 12:20 ET

Qwest 2013 Oil & Gas Flow-Through Limited Partnership; Final Prospectus Filed - First Closing July 31, 2013

VANCOUVER, BRITISH COLUMBIA--(Marketwired - July 29, 2013) -

NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES OF AMERICA.

Qwest Investment Management Corp. is pleased to announce that on July 25, 2013, it filed a final prospectus for the initial public offering of two classes of limited partnership units of the Qwest 2013 Oil & Gas Flow-Through Limited Partnership (the "Partnership"), a maximum offering of 800,000 Class CEE limited partnership units ("CEE Units") and a maximum offering of 800,000 Class CDE limited partnership units ("CDE Units"), in each of the provinces of Canada, except Quebec. Each class will be referable to its own separate portfolio of assets. Initial closing of the offering is scheduled to occur July 31, 2013.

The Partnership's investment objective is to provide exposure to quality, tax-advantaged oil and gas investments through two separate portfolios: (i) the first portfolio consisting primarily of Canadian Exploration Expense (CEE) Flow-Through Shares of Resource Issuers (the "CEE Portfolio"); and (ii) the second portfolio consisting primarily of Canadian Development Expense (CDE) Flow-Through Shares of Resource Issuers (the "CDE Portfolio"). The Partnership therefore provides the choice of investing in either the CEE Portfolio or the CDE Portfolio and any percentage combination of the CEE Portfolio or CDE Portfolio, thus allowing investors to target their specific investment requirements.

Both the CEE Portfolio and CDE Portfolio will be managed by Qwest Investment Fund Management Ltd.'s Calgary-based oil and gas portfolio management team which has extensive experience investing in oil and natural gas companies, as well as financing and structuring oil and gas related transactions.

The offering of CEE Units and CDE Units is being conducted by a syndicate of Agents led by Scotia Capital Inc. and includes: BMO Nesbitt Burns Inc., Manulife Securities Incorporated, RBC Dominion Securities Inc., Macquarie Capital Markets Canada Ltd., Raymond James Ltd., Canaccord Genuity Corp., GMP Securities L.P., Mackie Research Capital Corporation, Acumen Capital Finance Partners Limited, Burgeonvest Bick Securities Limited, Desjardins Securities Inc., Dundee Securities Ltd. and Leede Financial Markets Inc.

A prospectus containing important information relating to these Units has been filed with securities commissions or similar authorities in all of the provinces of Canada, except Quebec. Copies of the prospectus may be obtained from any of the Agents listed above or on SEDAR at www.sedar.com. These Units are not offered for sale to residents of the United States.

About Qwest

Qwest Investment Management Corp. is an investment management firm specializing in identifying emerging trend opportunities, managing merchant banking transactions and structuring investment products in those sectors of the capital markets in which it has experience and expertise. Qwest's management team brings a wealth of experience in corporate and financial product structuring, merchant banking and investment fund management, as well as the skills and experience necessary to evaluate and manage the risk and rewards inherent in those sectors of the global markets in which we participate.

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.

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