Qwest Investment Management Corp.

Qwest Investment Management Corp.

February 18, 2009 12:08 ET

Qwest Energy 2009 Flow-Through Limited Partnership; $30,000,000 Preliminary Prospectus Filed

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Feb. 18, 2009) - Qwest Investment Management Corp. is pleased to announce that on February 17, 2009, it filed a preliminary prospectus for the initial public offering of units of the Qwest Energy 2009 Flow-Through Limited Partnership (the "Partnership"). Available funds from the $30,000,000 Partnership will be used to purchase flow-through shares of resource issuers. Investors in the Partnership are expected to receive tax deductions of 100% of the amount invested for the 2009 tax year.

Investment Objective

The Partnership's investment objective is to provide limited partners of the Partnership with a tax-assisted investment in a diversified portfolio of flow-through shares of resource issuers with a view to achieving capital appreciation for limited partners. The principal business of the resource issuers will be: (i) oil and gas exploration, development and production; (ii) mineral exploration, development and production; or (iii) certain energy production that may incur certain start-up phase costs of renewable energy and energy efficient projects.

Agents for the Partnership

Dundee Securities Corporation, CIBC World Markets, BMO Nesbitt Burns Inc., Scotia Capital Inc., HSBC Securities (Canada) Inc., Canaccord Capital Corporation, GMP Securities L.P., Manulife Securities Inc., Raymond James Ltd., Wellington West Capital Markets Inc. and Desjardins Securities Inc.

Partnership's Offering Jurisdictions

A preliminary prospectus relating to the Partnership has been filed with securities commissions or similar authorities in each of the provinces and territories of Canada. This news release shall not constitute an offer to sell or a solicitation to purchase, nor shall there be any sale or any acceptance of an offer to purchase units of the Partnership in any province or territory of Canada prior to the receipt for the final prospectus or other authorization is obtained from a securities commission or similar authority.

About Qwest

Qwest Investment Management Corp. is an investment management firm which specializes in identifying, structuring and managing investment products. Qwest Investment Management Corp. is currently focused on investments in the natural resource sector.

This communication is not to be construed as a public offering to sell, or a solicitation of an offer to buy securities. This offering is only made by prospectus. The prospectus contains important information about the securities being offered. Investors should contact their Investment Advisor to review their investment objectives and strategies. This information is for review purposes only and investors should consult their Investment Advisor for complete details and risk factors on specific investment strategies and various investment products. Investors should read the prospectus before making an investment decision.

Contact Information

  • Qwest Investment Management Corp.
    Cindy Bower
    Senior Manager, Business Development & Client Services
    (604) 602-1142 or Toll Free: 1-866-602-1142
    Email: cbower@qwestfunds.com
    Website: www.qwestfunds.com