Qwest Investment Management Corp.

Qwest Investment Management Corp.

September 10, 2010 12:00 ET

Qwest Energy 2010-II Flow-Through Limited Partnership-$25,000,000 Preliminary Prospectus Filed

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Sept. 10, 2010) - Qwest Investment Management Corp. is pleased to announce that on September 9, 2010, it filed a preliminary prospectus for the initial public offering of units of the Qwest Energy 2010-II Flow-Through Limited Partnership (the "Partnership"). Funds raised by the 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 2010 tax year.

Investment Objective

The Partnership's investment objective is to provide limited partners of the Partnership (the "Limited Partners") with a tax-assisted investment in a diversified portfolio of Flow-Through Shares of Resource Issuers whose shares are publicly traded and, to a lesser extent, Flow-Through Shares of private 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, BMO Nesbitt Burns Inc., RBC Dominion Securities Inc., Scotia Capital Inc., HSBC Securities (Canada) Inc., Manulife Securities Inc., National Bank Financial Inc., Canaccord Genuity Corp., Raymond James Ltd., Wellington West Capital Markets Inc. and GMP Securities L.P.

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 and structuring investment products in those sectors of the global capital markets in which it has experience and expertise.

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.

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