Qwest Files Preliminary Prospectus for the Qwest Energy Flow-Through 2015 Limited Partnership Offering
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Sept. 9, 2015) -
NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES OF AMERICA.
Qwest Investment Management Corp. ("Qwest") is pleased to announce the filing of a preliminary prospectus for the initial public offering of limited partnership units ("Units") of the Qwest Energy Flow-Through 2015 Limited Partnership (the "Partnership"), in each of the provinces of Canada, except Quebec. Initial closing of the offering is anticipated to occur on or about October 16, 2015.
The Partnership's investment objective is to provide exposure to quality, tax-advantaged resource investments consisting primarily of Canadian Exploration and Development Expense Flow-Through Shares of energy sector companies.
The 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 Units is being conducted by a syndicate of Agents led by Industrial Alliance Securities Inc. and includes: Canaccord Genuity Corp., GMP Securities L.P., Raymond James Limited, Dundee Securities Ltd., Mackie Research Capital Corporation, PI Financial Corp., Burgeonvest Bick Securities Limited, Global Securities Corporation, Leede Financial Markets Inc., Wolverton Securities Ltd.
A preliminary 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 preliminary 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.
For over 15 years, Qwest has manufactured investment products with investment experts within the company or by partnering with investment industry experts.
Our Calgary-based portfolio management team has effectively managed our Qwest branded oil and gas sector products which include: flow-through limited partnerships; mutual funds and private equity funds.
Our Qwest Funds Corp. corporate class structured mutual fund business continues to expand. In 2015, through our partnership with AlphaDelta Management Corp., three new AlphaDelta funds were added to our Qwest Funds Corp.'s family of funds.
To learn more about Qwest, please visit our website at www.qwestfunds.com.
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.
(September 9, 2015 - 2:30 PM EDT)
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