Qwest Investment Management Corp.

Qwest Investment Management Corp.

May 17, 2010 14:03 ET

Qwest Investment Management Corp.: Chief Financial Officer Resignation

VANCOUVER, BRITISH COLUMBIA--(Marketwire - May 17, 2010) - Qwest Investment Management Corp. announced today that Ms. Lynda Metcalfe has resigned as Chief Financial Officer for both Qwest Investment Management Corp. and its subsidiary companies, including Qwest Investment Fund Management Ltd. (together, the "Companies").

The board and management of the Companies understand Ms. Metcalfe's desire and decision to spend more time with her family. Upon her departure, Mr. McCoach, Managing Director & Chief Executive Officer, said, "We are very thankful for Ms. Metcalfe's years of contribution and wish her the very best in the future."

Mr. McCoach will be assuming the role of interim Chief Financial Officer until a permanent replacement is announced.

About Qwest Investment Management Corp.

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

ON BEHALF OF THE BOARD OF DIRECTORS

QWEST INVESTMENT MANAGEMENT CORP. and QWEST INVESTMENT FUND MANAGEMENT LTD.

Stephen McCoach, C.A. Managing Director, CEO & Director

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