Pennant Select 2011 Flow-Through Limited Partnership

The fund focuses on a diversified basket of select investments in high impact junior public and private energy companies that provide for the potential for strong returns in the intermediate term and immediate tax benefits to investors. The fund invests in flow-through shares of energy companies which incur eligible exploration expenses that are passed to investors to reduce their taxable income for the current year.

This investment may be a suitable addition to your portfolio if you are looking for the following:

• Reducing your taxable income for 2011
• Potential for intermediate term returns with downside tax saving protection
• Exposure to a growing oil and gas market
• Access public and private investment opportunities not typically available to the average investor

This investment opportunity will close early December 2011. For more information on how to make an investment in this opportunity, please contact Jonathan See.