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NCE Diversified Flow-Through (11) Limited Partnership files final prospectus; maximum $100 million

TORONTO: NCE Resources Group is pleased to announce that a final prospectus for NCE Diversified Flow-Through (11) Limited Partnership (the "Partnership"), has been filed with, and receipt issued from, the securities commissions and regulatory authorities in each of the provinces and territories of Canada.

Closing: The initial closing is expected to occur on or about February 24, 2011.

Flow-through shares : The Partnership has been created for the purpose of investing in flow-through shares of resource companies engaged in oil and gas exploration, development and/or production, mineral exploration, development and/or production, renewable energy exploration and development, and shares of related resource business issuers such as pipeline or service companies and utilities. The actual allocation of the Partnership's investment portfolio will be determined based on the investment opportunities available at the time of investment. The Partnership will endeavor to invest all gross proceeds of this offering in flow-through shares by December 31, 2011.

Objective of the Partnership: The objective of the Partnership is to achieve capital appreciation and to maximize the tax benefits received by investors. The Partnership will initially invest in flow-through shares of resource companies.

Tax benefits: Investors will be eligible to receive tax benefits through participation in the Partnership, which is expected to include a deduction in 2011 of an amount equal to approximately 100% of their investment based on completion of the maximum offering and on certain other assumptions as set forth in the prospectus.

Offering price : The price per unit is $25.00 with a minimum subscription of 200 units ($5,000).

Manager and Portfolio advisor: The general partner, NCE Diversified Management (11) Corp. (the "General Partner") has retained Sentry Select Capital Inc. (the "Manager" or "Sentry") as the Manager of the Partnership, to direct the business, operations and affairs of the Partnership and provide day-to-day management services to the Partnership on behalf of the General Partner, including, without limitation, the provision of advice on and the management of the investment portfolio of the Partnership.

Agents: The syndicate of agents, co-led by CIBC, RBC Capital Markets and National Bank Financial Inc., includes BMO Capital Markets, TD Securities Inc., GMP Securities L.P., HSBC Securities (Canada) Inc., Scotia Capital Inc., Canaccord Genuity Corp., Dundee Securities Corporation, Raymond James Ltd., Macquarie Private Wealth Inc., Manulife Securities Incorporated, Desjardins Securities Inc., Industrial Alliance Securities Inc., Laurentian Bank Securities Inc., M Partners Inc., Mackie Research Capital Corporation and Wellington West Capital Markets Inc.

Sentry Investments: Sentry Investments is a Canadian asset management company that offers a diverse range of investment products including mutual funds, hedge funds, flow-through limited partnerships and other alternative investments, covering a variety of domestic and global mandates.

Documents (including press releases) regarding the various investment funds that are managed or advised by Sentry are provided for information purposes only and cannot be relied on to be complete, exhaustive or error-free unless the complete set of documents for any given investment fund with respect to which information is being sought is reviewed and then only on SEDAR (