IMPORTANT – THIS INFORMATION IS A SUMMARY ONLY. IT IS NOT AN OFFERING. READERS MUST REFER TO THE OFFERING MEMORANDUM FOR MORE DETAILS INCLUDING RISK FACTORS, INVESTOR FLEXIBILITY AND SECURITIES COMPLIANCE.

THE PROJECT

The Project is named Clear Vistas Community #1 Limited Partnership (the “Partnership”) and entails the acquisition of over 730 acres of agricultural land surrounding the adjacent Saskatchewan communities of White City and Emerald Park (located ten kilometres east of Regina) to be potentially developed into 2550 serviced residential lots over a projected 10-15 year (2011-2026) period.

Currently 659 acres have been purchased for cash. Audited financial statements for 2009 and 2008 are available to present investors and are included in the offering memorandum.

THE INVESTMENT STRUCTURE
The project is structured as a Limited Partnership. A Limited Partnership generally consists of a General Partner and one or more limited partners. The General Partner is active in the management of the business affairs of the Partnership while the limited partners (the “investors”) provide capital. In return for capital contributions, investors receive a pro-rata share of the profits (or losses) of the Partnership pursuant the terms of the Partnership Agreement, a legal document outlining the rights and obligations of the General Partner and the limited partners.

THE STRATEGIES
The Partnership’s investment strategy has been to acquire a residential real estate project (the “Project”) large enough to provide long-term returns to potential investors. The project evaluation criteria by the General Partner has been to acquire this land at attractive prices in an area forecasted for sustained growth with a cooperative municipal governing board. The General Partner believes the Saskatchewan community of White City exceeds the evaluation criteria.
The net acquisition cost per acre of land to the Partnership is just under $12,000 (Cdn). The source for the initial stage development costs will be via the private placement offering and possibly temporary debt financing. Thereafter, the source for the development costs for each stage will be generated from partial revenues of the previous stage.
Profit distributions, once the expenses of the Partnership have been paid and the return of capital payments made, will be returned to the investors, allocated as seventy percent (70%) to the limited partners (which includes Clear Vistas Capital Corporation) and thirty percent (30%) to the General Partner. Clear Vistas Capital Corporation will pay corporate tax and administration expenses and then pay dividends to its class B shareholders.
The Partnership’s development strategy is to work with White City to complete a development plan that is complimentary to the community's long-term development plans, maintain a theme that advances the community’s present reputation as a community preferred by the middle class, and provide an oasis of serenity and competitive affordability in a family oriented community with close access to Regina.

THE OBJECTIVES
The partnership’s long term objectives are to provide the beneficial owner’s (Limited Partners) with the ability to leverage the Partnership’s cash to maximize profits from proceeds of residential lot sales on a continuing basis as market conditions prevail, to provide a degree of liquidity through returns of capital, and to provide stewardship of the assets of the Partnership to minimize risk. The General Partner has prepared profit projections (with costs vetted by Stantec Consulting Ltd.) that illustrate gross lot sales of over 400 million and profits exceeding 160 million distributed over a 10 to 15 year period, depending on market conditions. Actual results may vary. 1

ECONOMIC ANALYSIS
An abundance of glowing economic forecasts by numerous independent organizations during the last two years consistently conclude, without reservation, that the province of Saskatchewan has become an economic success. Many industry sectors in the province are booming and are seen to be stable and gathering momentum for many years to come. This economic triumph has led to stable demand for commercial and residential development. (See Economic News)

MANAGEMENT EXPERIENCE
The General Partner, Clear Vistas Management Corporation (the “GP”), is responsible for the management of the business affairs of the Partnership. Ken Lagasse is the principal of the GP. Ken Lagasse has over thirty five years of tax, business, and advisory services experience to a vast array of clients across Canada. Since 1986, Ken has been a principal involved in the purchase and resale of 1200 residential homes in 12 different development projects in Quebec, Ontario, and Alberta. Additionally, Ken has assisted large real estate developers with the financing of their projects and has actively managed six rental projects.

The Partnership has appointed a local resident, Michael Katz of Michael Katz Consulting Inc., as the Project Manager. The Project Manager's mandate is to represent the interests of the Partnership locally with regional and municipal governments, coordinate the activities of the various professional firms required to complete the Project, and provide assistance and support to the marketing efforts of the project.

This communication prepared by Pacific Shores Financial Corporation on behalf of the General Partner of Clear Vistas Community #1 Limited Partnership is being distributed for information purposes only. It is not to be construed as an offering to sell or solicit the purchases of securities of Clear Vistas Community #1 Limited Partnership or Clear Vistas Captial Corporation. Certain statements may contain forward-looking statements which involve risk, uncertainties, and other factors which may cause actual results of the Partnership, or industry results to be materially different from future expected results expressed or implied in such forward-looking statements.

1 Management intends to provide a showcase community that includes significant commercial, cultural and human design™ elements that attract new residents. The commercial area is not part of this limited partnership.