Calgary, Alberta (FSCwire) - Qwest Diversified Capital Corporation (“QDCC” or “the Company”) announces that it has cancelled previously announced Additional Offering at this time. The Additional Offering was announced on June 2, 2015.

“Despite positive feedback from investors regarding the Company’s overall strategy for acquisition of producing oil and gas assets in Western Canada, there is not adequate demand at present for a time-limited reduced price offering. The Company has decided not to proceed with its Additional Offering at this time,” commented Glenn Hamilton, CFO of QDCC.

QDCC will continue with its ongoing “shelf offering” of $10 Series 1 Special Shares. Under this ongoing offering, the company has raised $1,748,420 since March 2014.   

FOR FURTHER INFORMATION PLEASE CONTACT:

investorrelations@qdcc.ca

Glenn Hamilton

Chief Financial Officer

Qwest Diversified Capital Corporation

Phone: (403) 262-8444

Quinn Kuiken

Manager of Business Development

Qwest Diversified Capital Corporation

Phone: (587) 333-4413

You should not place undue importance on forward-looking information and should not rely upon this information as of any other date.  While we may elect to, we are under no obligation and do not undertake to update this information at any particular time except as may be required by securities laws.

This news release does not constitute an offer to sell or the solicitation of an offer to buy, any securities to any person in any jurisdiction.  Any such offer or solicitation may only be made by means of delivery of the relevant offering documents, which documents will contain material information not included herein and shall supersede, amend and supplement the terms of the Additional Offering described in this news release in its entirety. This news release should not be construed as investment advice or a recommendation to purchase or sell any securities of the Company.

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