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TORONTO, ONTARIO--(Marketwire - July 15, 2010) - Colonnade Capital Corp. (the "Corporation") (TSX VENTURE:COO) is pleased to announce that the name of the Corporation has been changed to "3P INTERNATIONAL ENERGY CORP." (TSX VENTURE:DOH), which name change has been approved by the TSX Venture Exchange (the "TSX-V"). Effective at the opening of trading on the TSX-V on July 19, 2010, the common shares of the Corporation will commence trading under its new name "3P INTERNATIONAL ENERGY CORP." under the symbol "DOH". The shareholders of the Corporation approved the name change on July 12, 2010.

Richard Kehmeier, President and Chief Executive Officer of the Corporation, stated: "The company elected to move forward with the name change in order to better reflect the growing number of opportunities that are presenting themselves in the energy space, and the desire to form a business based upon development and immediate cash flow, not exploration."

About 3P International Energy Corp. (formerly Colonnade Capital Corp.)

3P International Energy Corp. is actively seeking international energy opportunities which meet its business model criteria of discovered but undeveloped known shallow reserves in politically and business friendly climates, which can be exploited using conventional and unconventional drilling, completion, and reservoir technologies.

On behalf of the Board of Directors

Richard Kehmeier

President, Chief Executive Officer and Director

Forward-Looking Information

This press release may contain forward-looking statements based on assumptions, uncertainties and management's best estimates of future events. All statements that address future activities, events or developments that the Corporation believes, expects or anticipates will or may occur are forward-looking information. Forward-looking information is based upon assumptions by management that are subject to known and unknown risks and uncertainties beyond the Corporation's control. There can be no assurance that outcomes anticipated in the forward- looking information will occur and actual results may differ materially for a variety of reasons. Accordingly, readers should not place undue reliance on forward-looking information. The Corporation undertakes no obligations to update publicly or otherwise or revise any forward-looking information, except as may be required by law. For a more detailed discussion of such risks and other factors that could cause actual results to differ materially from those expressed or implied by such forward-looking statements, refer to the Corporation's filings with Canadian securities regulators available on [ www.sedar.com ].

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.